The Lagos State Government, major Nigerian corporates, international partners, and private sector organisations have pledged strong support for the 9th edition of the All Africa Music Awards, AFRIMA, scheduled to …
Economy
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Arts & CultureBusinessEconomyEntertainmentLagos News
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BankingDevelopmentEconomyGovernment PolicyInternational Affairs
World Bank Set to Approve $500m Loan to Boost MSME Financing in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of efforts to expand access to finance for micro, small and medium enterprises …
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AfricaBusinessEconomyEntrepreneurshipInnovationTechnology
Business Analyst Urges African Entrepreneurs to Turn Economic Challenges into Opportunities
A business analyst, Mr Adewale Adebawo, has charged African entrepreneurs to see economic challenges as opportunities for growth and innovation, noting that some of the most impactful ideas on the …
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BusinessEconomyPoliciesPrivate SectorSecurityTaxation
ACCI President Warns of Contracting Economy as Businesses
The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu (SAN), has raised serious concern over Nigeria’s tough business environment, warning that the country’s economy is contracting …
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EconomyEnvironmentLagos NewsPublic PolicySustainability
Lagos, Stakeholders Push Environmental Action as Nigeria Targets $250bn
The Lagos State Government, in collaboration with key public and private sector stakeholders, has renewed its commitment to environmental sustainability and waste management as Nigeria looks to unlock an estimated …
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EconomyGovernment PolicyInfrastructureINVESTMENTPublic HealthTransport
Four investors push for Lagos-Calabar highway concession
The Federal Government has said the Lagos-Calabar Coastal Highway project is already attracting strong interest from international investors, with at least four companies indicating willingness to refund the full cost …
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Debt Management,EconomyFinancial PlanningGovernment PolicyNational AssemblyNational BudgetPublic Finance
Salaries Exceed Federal Government Revenue as Capital Spending Slumps in 2025
Debt servicing and personnel costs have taken up more than the Federal Government’s total revenue in the first seven months of 2025, raising concerns about fiscal pressure, weak revenue performance …
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BankingBusinessCorporate GovernanceEconomyFinanceHealthWomen Empowerment
Women Bankers Demand 40% Board Representation to Drive Growth in Nigeria’s Financial Sector
The Association of Professional Women Bankers (APWB) has stepped up its advocacy for a more inclusive leadership structure in the Nigerian banking industry, calling for a significant increase in female …
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BankingBusinessConsumer ProtectionEconomyFinanceRegulation
NDIC assures ASO, Union homes depositors of N2m payouts
The financial landscape in Nigeria’s mortgage subsector witnessed a major shake-up on Tuesday as the Nigeria Deposit Insurance Corporation (NDIC) officially moved in to liquidate two prominent institutions: Aso Savings …
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BusinessEconomyEnergyLagos NewsPetroleumTrade and CommerceTransportation & Logisitics
MRS begins N739/litre petrol sales, PETROAN kicks
Residents of Lagos woke up to a major surprise on Tuesday as the price of Premium Motor Spirit (PMS), commonly known as petrol, took a sudden downward turn at some …