Corporate executives and experts have called on Nigerian businesses to integrate Enterprise Risk Management (ERM) into their strategic frameworks, warning that poor risk culture and unstable regulatory policies are threatening …
Nigerian economy
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BusinessBusiness InsightsEconomyGOVERNMENTNigeria
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
CBN Says Strong Banks Are Key to Nigeria’s $1 Trillion Economy Target
The Central Bank of Nigeria (CBN) has said that Nigeria needs strong, stable, and resilient banks if the country wants to achieve the $1 trillion economy target by the year …
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EconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
Nigeria’s Crude Oil Output Drops Again As Prices Fall, Budget Under Threat
Nigeria’s daily crude oil production has dropped again in March 2025, raising more concerns about the country’s ability to meet its budget plans for the year. This is coming at …
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BusinessDevelopmentEnergyFinance & Services
NLNG, BoI unveil micro-credit scheme to boost local economy
The Nigeria LNG Limited (NLNG) has taken a bold step to empower small businesses and drive grassroots economic development with the launch of an expanded Micro, Small, and Medium Enterprises …
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The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin the payment of the first tranche of liquidation dividends to depositors of the now-defunct Heritage Bank. The move …
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Temile Development Company Limited (TDC), a Nigerian firm, has announced a major boost in its investment in the country’s gas sector. The company now has over $450 million worth of …
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EconomyFinance & ServicesGOVERNMENTINVESTMENT
PenCom Invests ₦5.51tn in Real Sector to Boost Economic Growth
The National Pension Commission (PenCom) has disclosed that a total of ₦5.51 trillion from Nigeria’s pension funds has been invested into key sectors of the economy to support long-term development …
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Nigeria’s oil and gas industry has recorded a major milestone as local fabrication capacity has now surpassed national demand, allowing Nigerian companies to offer fabrication services to other African countries …
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Banking, Finance & InvestmentBusinessLeadership
Tributes Pour In for Late Diamond Bank Founder, Pascal Dozie
Tributes are pouring in from across Nigeria’s banking and business sectors following the death of Pascal Dozie, founder of the now-defunct Diamond Bank, who passed away on Tuesday, April 8, …
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BusinessEconomyGOVERNMENTTransportation & Logisitics
Passengers lament fare hikes amid fuel price cuts, CNG
Many Nigerians are still groaning over the high cost of transportation despite the recent drop in fuel pump prices and the introduction of Compressed Natural Gas (CNG) as an alternative …