The National Pension Commission (PenCom) is stepping up efforts to recover unpaid pension contributions from electricity generation and distribution companies across Nigeria. Omolola Oloworaran, the Director-General of PenCom, led a …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- Business InsightsEconomyEducationNigeriaTechnology
How AI is reshaping workforce, creating job opportunities
Artificial Intelligence (AI) is rapidly changing how work is done across the world, and Nigeria is not left out. As businesses adopt automation, machine learning, and AI tools to help …
The Pension Transitional Arrangement Directorate (PTAD) has reassured pensioners of its strong commitment to solving important issues affecting them, including the payment of the newly approved N32,000 pension increase and …
After almost nine years without paying dividends, UPDC Plc has announced plans to reward its shareholders once again. This move marks a major step in the company’s financial recovery and …
The United Nations (UN) has again called on countries around the world to prepare fresh national climate action plans that will help keep the global temperature rise within 1.5 degrees …
- Business and EconomyEconomyFinance & ServicesNigeria
Nigeria’s Debt Servicing Hits N8.9tn in Nine Months, Exceeds 2024 Budget
Nigeria’s debt servicing costs rose sharply to N8.9tn in the first nine months of 2024, far exceeding the pro-rata budget of N6.2tn. A new report by Afrinvest revealed that the …
- Banking, Finance & InvestmentEconomyNigeria
Abbey Mortgage Bank Grows Q1 2025 Earnings by 68.64%, Reports N3.77bn Revenue
Abbey Mortgage Bank Plc has announced strong financial results for the first quarter of 2025, posting a 68.64 per cent rise in gross earnings to N3.77bn, up from N2.24bn recorded …
- DevelopmentNigeriaNovarick Homes and properties limited
Developers Defend Four-Storey Building Near Gani Fawehinmi’s Home, Say All Approvals Secured
The developers and owners of the four-storey building located beside the late Chief Gani Fawehinmi’s historic residence have said that the structure was built with full government approvals and in …
- Business and EconomyDevelopmentEventsInnovation
Nigerian Architects Seek Stronger Ties With Ariston Group Ahead of Lagos Forum
The Nigerian Institute of Architects (NIA) has paid a courtesy visit to Ariston Group to strengthen collaboration and appreciate the company’s contributions towards advancing architectural design in Nigeria. In a …
- BusinessEconomyFinance & ServicesGOVERNMENTPolicies
Private Sector Urges FG to Inject Stimulus to Tackle Rising Poverty
The Organised Private Sector of Nigeria (OPSN) has called on the Federal Government to urgently introduce targeted economic stimulus packages to prevent the poverty rate from rising to 56 per …