The Alternative Bank has renewed its commitment to boosting Nigeria’s export trade by offering non-interest financing solutions to Micro, Small and Medium Enterprises. The bank made this pledge during the …
Economy
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BusinessEconomyFinanceNewsNigeriaSMEsTrade
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BusinessCapital MarketEconomyFinanceINVESTMENTNewsNigeria
Nigerian Equities Market Loses N444bn as Selloffs Hit Major Stocks
Nigeria’s equities market closed lower on Wednesday after a fresh wave of selloffs dragged several key stocks into negative territory, ending the market’s bullish momentum. The downturn wiped off about …
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EconomyEnergyEnvironmentGovernanceNewsNigeriaOil & Gas
IEA hails Nigeria’s upstream reforms as NUPRC says PIA boosts transparency
The International Energy Agency (IEA) has applauded the reforms taking place in Nigeria’s upstream petroleum sector, following detailed explanations from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on how the …
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BusinessEconomyEducationFinanceGovernment PolicyNational BudgetPersonal FinanceTaxation
Oyedele Says New 2026 Tax Reforms Will Cut Taxes for 98% of Nigerians
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has assured Nigerians that the new tax reform laws taking effect from January 2026 will reduce …
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BusinessCurrencyEconomyFinanceGlobal MarketsMonetary Policy
U.S. Dollar Falls as Weak Economic Data Strengthens Expectations
The United States dollar fell on Tuesday as new economic data — much of it delayed by the recent government shutdown — supported expectations that the Federal Reserve may cut …
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AviationBusinessConsumer ProtectionEconomyGOVERNMENTTransportation
FG May Seize Dana Air Assets to Refund Stranded Passengers, Says Keyamo
The Federal Government may move against the assets of Dana Air to refund passengers and travel agents whose funds remain trapped after the suspension of the airline’s operations. The Minister …
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BusinessEconomyFinanceLabourPensionPublic Policy
Nigeria’s Pension Scheme Records Growth as RSA Holders Hit 10.9 Million, but Coverage Still Low
Nigeria’s Contributory Pension Scheme (CPS) has continued to grow steadily, with a total of 10,928,039 Retirement Savings Account (RSA) holders recorded in September 2025. This represents an increase from 10,882,661 …
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BusinessCourt RulingsEconomyInternationalNigeriaOil & Gas
Indian Court Clears Path for Sandesara Brothers’ $570m Settlement as Their Nigerian Oil Empire Grows
India’s Supreme Court has opened a major legal door for billionaire brothers, Nitin and Chetan Sandesara, after ruling that they can settle one of India’s largest alleged bank-fraud cases by …
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AfricaBusinessEconomyFinanceFintechSMEs
Africa’s $100bn SME Credit Gap Pushes Banks, Telcos and Fintechs into Unusual Partnerships
Africa’s growing $100 billion credit shortfall for small and medium enterprises is forcing banks, telecom operators, and fintech companies across the continent to work together in ways that were unthinkable …
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BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …