Despite the implementation of the Band ‘A’ tariff regime, the Federal Government paid ₦458.75 billion in electricity subsidies to operators across the power value chain in the third quarter of 2024, according …
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The naira recorded a strong appreciation against the United States dollar on Tuesday at the official foreign exchange market, according to data from the Central Bank of Nigeria (CBN). CBN …
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TANTITA Security Services has entered into a partnership with U.S.-based Textron Systems to deploy advanced drone technology aimed at strengthening security and surveillance across Nigeria’s oil and gas infrastructure. Under …
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BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
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UBA Expands Renewable Energy Footprint with Solar Partnership, Powers 25 Branches in 5 States
United Bank for Africa (UBA) Plc has partnered with Renewvia Solar Nigeria to install advanced solar power systems in 25 of its branches spread across five Nigerian states. The new …
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Nigeria’s Inflation Falls to 18.02% in September — First Time Below 20% in Three Years
Nigeria’s headline inflation rate dropped to 18.02 per cent in September 2025, marking the sixth consecutive month of decline and the first time in three years that the inflation figure …
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The National Assembly has proposed that Nigeria’s next presidential and governorship elections be held in November 2026, instead of the traditional February or March of the election year. This new …
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Algeria’s Minister of Labor, Employment and Social Security, Mr. Faisal Bentaleb, has revealed that social security institutions in the country spent 150 billion dinars in 2025 to cover the cost …
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The Nigerian National Petroleum Company Limited (NNPC) generated a staggering ₦20.9 trillion between April and July 2025, according to its latest operational and financial reports. The development comes as petroleum …
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Banking, Finance & InvestmentBusiness PoliciesCorporate GovernanceDevelopmentEconomic DevelopmentEducationEntrepreneurshipInnovationTechnologyUncategorized
Jim Ovia: The Godfather of Nigerian Banking
In the course of the findings on Nigeria’s most influential business leaders, one name consistently stands out: Jim Ovia. Widely referred to as the “Godfather of Banking”, Jim Ovia is …