News

Halilu champions unity, innovation at NASENI games 2025

Motolani Oseni 23 October 2025 0

The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Suleiman Halilu, has called on staff across the agency’s institutes and centres to embrace the spirit of unity, innovation, and excellence as the 2025

Business

Fola Tinubu to chair inaugural summit on Nigeria’s transport infrastructure

Motolani Oseni 15 October 2025 0

The Managing Director of Primero Transport Services Limited, Mr Fola Tinubu, will serve as Chairman at the inaugural edition of the JustAlive Communications Limited Summit, taking place on Wednesday, October 29, 2025, at the Providence Hotel, GRA, Ikeja, Lagos. A seasoned executive, Tinubu holds a BA in Economics and Politics from the University of East […]

News

Soludo empowers 8,300 Youths with N3.5bn digital skills grants

Motolani Oseni 5 October 2025 0

Charles Chukwuma Soludo, Anambra State Governor, has disbursed N3.5 billion to 8,300 youths under his administration’s flagship digital empowerment initiative, One-Youth-Two-Skills Plus, reaffirming his commitment to building a digitally skilled and self-reliant generation. The funds were handed out during a graduation and certification ceremony at the International

Business Nigeria

Nigeria at 65: From Oil Reliance to Trillion-Dollar Economy Ambition

Motolani Oseni 1 October 2025 0

Sixty-five years after independence, Nigeria’s economic journey tells a story of promise, pitfalls, and persistent ambition. From the discovery of oil that turned the country into a monolithic economy heavily dependent on crude exports, to decades of fluctuating revenues and failed attempts at diversification, successive governments have struggled to steer the nation

News

Lagos Trade Fair Targets N500bn Transactions, 1m Visitors to Spur Growth

Motolani Oseni 26 September 2025 0

The 39th Lagos International Trade Fair (LITF) is expected to generate over N500 billion in trade and business deals, as organisers project attendance of more than one million visitors across the 10-day event, making it the largest fair in West Africa. Historically, the Fair has recorded an average of 350,000 visitors and attracted over 2,000 […]

Business

MTN Unveils Pan-African Media Innovation Programme to Strengthen Journalism

Motolani Oseni 26 September 2025 0

MTN Group has launched the Pan-African Media Innovation Programme (MIP), a continent-wide initiative aimed at equipping journalists and editors with the tools, skills, and networks to thrive in a rapidly evolving digital era. The launch, held on Friday, 12 September 2025, in Johannesburg, South Africa, marks the expansion of the successful Nigerian edition of MIP […]

Business

NASENI Pushes Research Commercialisation as Catalyst for Nigeria’s Growth

Motolani Oseni 26 September 2025 0

The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has reiterated that the commercialisation of research and innovation remains critical to unlocking Nigeria’s economic potential. Speaking at the North-Central Sensitisation Programme on the NASENI Research

News

Olubadan-Designate Hails Globacom as Nigeria’s Pride

Motolani Oseni 26 September 2025 0

The Olubadan-designate, Oba Rashidi Adewolu Ladoja, has described Globacom as the pride of Nigeria, urging Nigerians to ensure the company continues to thrive. Oba Ladoja made the remarks on Wednesday when the Enterprise Sales team of the telecommunications giant paid him a courtesy visit at his Bodija residence in Ibadan, Oyo State. According to him, […]

Business Money

PFAs Must Report Pension Payments above $10,000 – PenCom

Motolani Oseni 25 September 2025 0

..PenCom, TUC Deepen Ties to Bolster Workers’ Pension Welfare The National Pension Commission (PenCom) has issued fresh directives to strengthen oversight of the Contributory Pension Scheme (CPS), mandating Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to report foreign currency pension contributions above $10,000 to the Nigeria Financial

Money

FG Blocks TotalEnergies’ $860m Asset Sale

Motolani Oseni 25 September 2025 0

The Federal Government has halted TotalEnergies’ planned $860 million divestment from Nigeria’s onshore oil sector after the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) withdrew its earlier approval for the transaction. The move deals a blow to the French energy giant’s strategy to cut back on ageing, high-cost assets and reduce its swelling debt burden.

Money

CBN Injects $52m, Naira Holds Steady as Reserves Hit $42.1bn

Motolani Oseni 25 September 2025 0

The Central Bank of Nigeria (CBN) sold $52 million to authorised dealers on Wednesday to stabilise the foreign exchange market, helping the naira firm slightly against the dollar amid steady inflows from oil and exports. Trading data showed the local currency appreciated by 0.08 per cent to close at N1,487.37 per dollar, after fluctuating between […]

Money

NGX Down, Investors Lose N135bn as Selloffs Persist

Motolani Oseni 25 September 2025 0

The equities market of the Nigerian Exchange (NGX) extended its bearish run on Wednesday, as sustained selloffs wiped off about N135.13 billion from investors’ portfolio value. The All-Share Index (ASI) declined 0.20 per cent to close at 140,716.10 points, while market capitalisation settled lower at N89.06 trillion. Year-to-date return also moderated to 36.72 per cent

Business

Recapitalisation: 5 insurance coys project N418.7bn revenue, N39bn profit in 2025

Motolani Oseni 22 September 2025 0

Five insurance companies have projected N418.7 billion as revenue for the 2025 financial year ending December 31. The companies are Sunu Assurances Nigeria Plc, AIICO Insurance Plc, Linkage Assurance Plc, AXA Mansard Insurance Plc and Nem Insurance Plc They also projected N39 billion as their Profit Before Tax (PBT) during the same period. The companies […]

Money

CBN Orders Early Succession Planning for Bank CEOs to Safeguard Stability

Motolani Oseni 17 September 2025 0

The Central Bank of Nigeria (CBN) has directed all Domestic Systemically Important Banks (DSIBs) to secure regulatory approval for successor Managing Directors/Chief Executive Officers (MD/CEOs) at least six months before the expiration of the incumbent’s tenure, in a move designed to strengthen corporate governance and safeguard financial system stability. In a circular

Money

Africa Trails as Global Clean Energy Investment Hits $2.2trn in 2025

Motolani Oseni 17 September 2025 0

Global clean energy investment is set to reach $2.2 trillion in 2025, twice the $1.1 trillion projected for oil, gas, and coal. Yet, Africa is lagging behind in the global energy transition, capturing only a fraction of the flow despite its vast potential and growing population. According to the World Energy Investment 2025 report released […]

Money

Micro Pension Contributions Rise Ninefold to N1.46bn in Four Years

Motolani Oseni 17 September 2025 0

Nigeria’s Personal Pension Plan (PPP), formerly the Micro Pension Plan (MPP), has recorded a sharp surge in adoption, with contributions rising ninefold to N1.46 billion between June 2021 and June 2025. The Pension Fund Operators Association of Nigeria (PenOp) said the scheme’s rapid growth highlights its expanding role in driving financial inclusion for workers outside

Money

NLNG Steps up Methane Emission Cuts with New Technology

Motolani Oseni 16 September 2025 0

Nigeria LNG Limited (NLNG) is intensifying efforts to curb methane emissions by embedding prevention measures into facility design, upgrading brownfield assets, and commissioning advanced technologies, Managing Director and Chief Executive Officer Philip Mshelbila has said. Speaking at a high-level panel during the 2025 Gastech Conference in Milan, Italy, Mshelbila

Money

Nigeria, Peers Struggle with Surging Borrowing Costs, Says Moody’s

Motolani Oseni 16 September 2025 0

Nigeria, South Africa and Kenya are grappling with sharply higher borrowing costs as policy weaknesses, stubborn inflation and fragile market conditions choke access to affordable credit, global ratings agency Moody’s has warned. In its latest credit outlook, Moody’s noted that debt-servicing pressures have risen steeply across sovereigns, banks and corporates in the three

Money

NACCIMA, Agrofood Nigeria Seal Partnership to Boost Agro-Allied Growth

Motolani Oseni 16 September 2025 0

The Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA) has entered into a strategic partnership with Agrofood Nigeria 2026, West Africa’s premier international trade fair for the agro-allied, food, beverage, and packaging industries. The collaboration, announced on Monday, positions NACCIMA as an Institutional Partner and underscores

Money

20,000 Stakeholders Set for Nigeria Fintech Week 2025 to Shape Digital Future

Motolani Oseni 16 September 2025 0

No fewer than 20,000 innovators, policymakers, regulators, creators, investors, and professionals will converge at the 8th edition of the Nigeria Fintech Week (NFW25) to explore how financial technology is reshaping every facet of the economy—from healthcare and agriculture to transport, entertainment, media, and education. The conference, scheduled for October 7–9, 2025,