The Federal Government has launched a renewed effort to channel over $20 billion in annual diaspora remittances into productive investments aimed at accelerating Nigeria’s economic growth and national development. The …
Business
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BusinessDevelopmentDiasporaEconomyFinanceINVESTMENT
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BusinessDevelopmentEconomyFinanceGovernance
Experts Advocate Turnaround Management to Revive Nigeria’s Moribund Assets
Experts have urged both the government and private sector players to embrace turnaround management as a key tool for reviving moribund assets and driving Nigeria’s economic recovery. This call was …
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BusinessEnergyInnovationNigeriaOil & GasTechnology
CPAAT Consulting Unveils Plan to Drive Digital Transformation in Nigeria’s Oil and Gas Sector
The Chief Executive Officer of CPAAT Consulting, Mr. Folarin Banigbe, has unveiled the company’s strategic plan to accelerate digital transformation in Nigeria’s oil and gas sector through smart technology, collaboration, …
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BusinessEconomyFinanceGovernanceSMEsTaxation
FG to Begin New Tax Acts in 2026, Promises Broad Consultation with Businesses – Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured that the Federal Government will maintain open consultation with business leaders and stakeholders ahead of …
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BusinessCapital MarketEconomyForeign ExchangeMonetary PolicyOil & Gas
CBN Reforms Cushion Naira as Oil Price Falls Below Nigeria’s $75 Budget Benchmark
With global oil prices falling to around $64 per barrel, far below Nigeria’s $75 budget benchmark, the country faces renewed fiscal pressure and foreign exchange challenges. However, sweeping reforms by …
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Capital MarketCorporate EarningsDangote IndustriesManufacturing
Dangote Sugar Reduces Loss to ₦10.59bn, Records ₦626bn Revenue
Dangote Sugar Refinery Plc has posted a revenue of ₦626.24 billion for the nine months ended September 30, 2025, representing a 29 per cent increase from ₦484.43 billion recorded in …
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BusinessCapital MarketEconomyForex TradingINVESTMENTMonetary Policy
Naira hits 2025 peak at N1,421/$ as forex supply rises
The naira recorded its highest appreciation this year at the close of October, strengthening to ₦1,421.73 per dollar at the Nigerian Foreign Exchange Market, according to data released by the …
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BusinessCorporate GovernanceEconomyInsuranceLeadership
Veritas Kapital Assurance Appoints Babatunde Irukera as Board Chairman, Records 228% Revenue Growth
Veritas Kapital Assurance Plc has announced the election of Mr. Babatunde Irukera, former Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), as the new Chairman of its …
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BusinessCorporate Social Responsibility,EconomyHealthInsuranceLagos News
NEM Insurance Promotes Healthy Living and Insurance Awareness with Lagos Fitness Walk
NEM Insurance Plc has organised a fitness walk in Lagos as part of its commitment to promoting healthy living and deepening insurance awareness among Nigerians. The event, tagged “NEM Fitness …
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BusinessEconomyEnergyGOVERNMENTInfrastructure
FG Reaffirms Commitment to Brass Gas Projects, Targets Industrial Growth and Energy Transition
The Federal Government has reaffirmed its commitment to accelerating the completion of the multi-billion-dollar Brass Gas Projects in Bayelsa State as part of efforts to industrialise Nigeria through the strategic …