Unity Bank Launches GenFi to Empower Kids and Teens with Financial Literacy
In a bid to revolutionize financial literacy in Nigeria, Unity Bank Plc has launched GenFi, a digital banking platform designed
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Business
ExxonMobil to Invest $1.5 Billion in Nigeria’s Deepwater Oil Fields
ExxonMobil has reaffirmed its commitment to Nigeria’s oil and gas industry by announcing a $1.5 billion investment in deepwater exploration
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PalmPay Boosts Financial Inclusion with Contactless Payment Rollout
PalmPay, one of Nigeria’s leading digital banks, has intensified its efforts to promote financial inclusion through the adoption of contactless
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Federal Executive Council Approves New Electricity Policy to Tackle Sector Challenges
The Federal Executive Council (FEC) has officially approved the National Integrated Electricity Policy (NIEP), introducing a new and comprehensive strategy
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Naira Slumps Further Against Dollar Despite Growth in Nigeria’s External Reserves
The Nigerian naira continued its downward trend against the US dollar as the foreign exchange markets opened the week on
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Dangote Battles Oil Cabals Trying to Sabotage $20bn Refinery
Aliko Dangote, President of the Dangote Group, says he is still fighting powerful oil import cabals determined to frustrate his
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Ilara-Mokin Plants 800 Trees to Promote Greener Community
Ilara-Mokin, a town in Ifedore Local Government Area of Ondo State, has planted 800 trees as part of its second
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Dangote Honoured to Join World Bank Private Sector Investment Lab
Aliko Dangote, the President and Chief Executive Officer of Dangote Group, has described his appointment to the World Bank’s Private
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Naira in Circulation Drops to N5tn in March 2025 Amid CBN Tightening Measures
The total amount of naira circulating in Nigeria’s economy fell to N5 trillion as of March 2025, continuing a downward
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Why Fuel Smuggling Still Persists After Subsidy Removal in Nigeria
Fuel smuggling continues to thrive in Nigeria even after the government officially removed fuel subsidies, according to the Nigeria Customs
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Money Supply Rises to N114tn in March Despite CBN’s Record-High Tightening
Nigeria’s broad money supply jumped to N114.22 trillion in March 2025, despite aggressive tightening by the Central Bank of
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NNPCL Sells Crude Worth N336bn to Dangote, Foreign Refineries in Q1 2025
The Nigerian National Petroleum Company Limited (NNPCL) has earned N336.37 billion from crude oil sales in the first quarter of
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PwC Urges CBN to Keep Tight Monetary Policy to Stabilise Naira and Fight Inflation
PricewaterhouseCoopers (PwC) has advised the Central Bank of Nigeria (CBN) to continue with its tight monetary policy to help stabilise
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Petrol May Drop to N800 as Dangote Cuts Price and Oil Prices Fall
A major shift is on the horizon for Nigerian fuel consumers as the price of petrol could soon drop to
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FirstBank Sponsors Musical Theatre to Promote African Arts and Creativity
FirstBank has reaffirmed its commitment to the Nigerian creative industry by sponsoring a musical theatre performance titled The Jewel, organised
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Nigerians Cry Out as CBEX Allegedly Wipes Out Over N1.3 Trillion in Investor Funds
Many Nigerians have been left devastated after allegedly losing over N1.3 trillion to the sudden crash of the digital investment
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Afreximbank Opens Abuja African Trade Centre to Boost Intra-Africa Business
Afreximbank has officially launched its first African Trade Centre in Abuja, Nigeria, in a major move to grow trade and
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Power Grid Stability Improves as FG Adds 700MW to Transmission Network
The Federal Government of Nigeria has announced a major breakthrough in its efforts to stabilize the country’s power grid by
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Afrimash Introduces USSD Code to Combat Fake Poultry Products
Afrimash, an agritech company, has launched a new USSD service designed to help poultry farmers verify the authenticity of day-old
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VFD Microfinance Bank Reports N366m Profit in 2024 Rebound
VFD Microfinance Bank has made a strong recovery in the 2024 financial year, reporting a profit of N366.6 million, a
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