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High interest rates, insecurity top business constraints in February - CBN survey

Nigeria, March 20 -- Businesses across various sectors have identified high interest rates and insecurity as the most pressing challenges they face as they look ahead to 2025, according to the Februar... Read More


FAAC disbursements hit record N15.26 trillion in 2024, surge by 43% - NEITI

Nigeria, March 20 -- The Federation Accounts Allocation Committee (FAAC) disbursed a record N15.26 trillion to the federal, state, and local governments in 2024, reflecting a 43 per cent increase from... Read More


Businesses, households predict inflation reduction - CBN survey

Nigeria, March 19 -- A recent survey by the Central Bank of Nigeria reveals that businesses and households anticipate a gradual easing of inflation over the next six months. The Inflation Expectation... Read More


SEC cracks down on market violators, introduces 'name and shame' policy

Nigeria, March 17 -- The Securities and Exchange Commission (SEC) has intensified its regulatory enforcement in Nigeria's capital markets by cancelling the registration of Mainland Trust Limited and s... Read More


TEF to announce 2025 cohort as African entrepreneurs face funding gaps

Nigeria, March 14 -- The Tony Elumelu Foundation (TEF) is set to announce the 2025 cohort of its flagship entrepreneurship programme at a time when African startups are struggling with funding constra... Read More


EXCLUSIVE: How Sterling Bank opened account, received billions for unregistered firm

Nigeria, March 10 -- Sterling Bank opened an account for Indo Kaduna MRTS JV Nigeria Limited-a joint venture entity set up in 2016 by the Kaduna State Government and some Indian business people-and re... Read More


SEC warns against unregistered investment schemes

Nigeria, March 7 -- The Securities and Exchange Commission (SEC) has cautioned the investing public against engaging with a number of unregistered investment schemes, including Pro-Vest and My Share, ... Read More


Ex-Skye Bank chair accuses ex-mistress of blackmail

Nigeria, March 6 -- Tunde Ayeni, former chairman of the defunct Skye Bank, has accused his ex-mistress, Abuja-based lawyer Adaobi Alagwu, of blackmail after he discontinued the N5 million monthly allo... Read More


FCCPC sues MultiChoice over DStv, GOtv price hike

Nigeria, March 5 -- The Federal Competition and Consumer Protection Commission (FCCPC) has filed legal proceedings against MultiChoice Nigeria Limited and its Chief Executive Officer, John Ugbe. The ... Read More


Business leaders, experts discuss US-Africa trade challenges, opportunities

Nigeria, March 3 -- Business leaders, trade experts, and government officials convened in Abuja on Thursday for a high-level networking workshop focused on strengthening trade ties between the United ... Read More