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CBN Sells ₦1.3trn in OMO Bills to Drain Excess Liquidity

The Central Bank of Nigeria (CBN) moved aggressively into the money market on Monday, selling ₦1.3 trillion worth of Open Market Operation (OMO) bills to mop up excess liquidity estimated at over ₦4 trillion. The apex bank had initially offered ₦600 billion across two short-term maturities, February 24 and May 26, with ₦300 billion apiece. […]

NBS: Capital Importation Records a 380% Increase to $6bn in Third Quarter of 2025

The National Bureau of Statistics reports that capital importation increased by 380% to $6 billion in the third quarter of 2025

The National Bureau of Statistics reports that capital importation increased by 380% to $6 billion in the third quarter of 2025. The latest report from the National Bureau of Statistics shows that capital importation into Nigeria rose sharply by 380% to 6 billion dollar in the third quarter (Q3) of 2025. The figure represents a […]

FG unveils digital platform for citizenship, business services

FG

By Ukpono Ukpong As part of efforts to actualize President Bola Tinubu’s Renewed Hope Agenda, the Federal Government has unveiled a new Online Citizenship and Business Management Platform. The platform, introduced by the Ministry of Interior, represents a major step in the government’s reform drive to enhance transparency, boost efficiency, and improve public service delivery. […]

Nigeria is business gateway to African continent – Tegbe

Mr. Joseph Olasunkanmi Tegbe

…as NCSP hosts 35 – man Chinese business delegation By Tunde Opalana The Nigeria-China Strategic Partnership (NCSP) hosted a 35-man delegation of Chinese business leaders interested in investing and establishing partnerships in Nigeria. This is in line with the comprehensive strategic partnership between the Federal Republic of Nigeria and the People’s Republic of China. The […]

Rising costs threaten survival of small businesses in Abuja

Abuja

BY MOTOLANI OSENI Small business owners in the Federal Capital Territory are struggling to stay afloat as soaring electricity tariffs, transportation, and telecommunication costs erode their profits. Many entrepreneurs say they can no longer break even, forcing them to cut expenses, lay off staff, and rethink their operations. Chinyere Okonkwo, a bakery owner in Garki, […]

The Intersection of Business Administration and Emerging Renewable

Energy TechnologiesAs the world transitions towards cleaner and more sustainable energy sources, the role of business administration, particularly MBA-trained professionals, is becoming increasingly vital in driving investment and innovation in next-generation renewable energy. Combining financial acumen, strategic planning, and technological insight, MBAs are uniquely positioned to shape the renewable energy sector, unlocking its vast economic […]

Thriving amid economic challenges: Profitable small business ventures for entrepreneurs

business, entrepreneurship

By Temitope Adebayo As Nigeria faces economic challenges, it’s crucial for youths to embrace entrepreneurship to counter the growing unemployment crisis. Instead of endlessly searching for jobs, why not start your own business? Here are some promising small-scale business ideas that require minimal investment but offer significant returns: POS Business: Provide quick financial services by […]

Despite concerns, 61% of marketers expect business growths in 2024

business

By Godwin Anyebe Despite very real concerns about the economy, the majority of marketers (61%) are optimistic and expect business to be better next year than the current year, according to The Voice of the Marketer 2024, a new report by WARC released recently. With global marketing investment set to increase 8.2% in 2024 to […]

Accelerating Business Development in Africa: Insights from Onyeka Chrisanctus Ofodile

In the dynamic landscape of African business, growth opportunities abound, but so do challenges. As industries like technology, manufacturing, and automotive expand, the need for innovative business models and the adoption of emerging tools becomes more pressing. We sat down with Onyeka Chrisanctus Ofodile, an accomplished entrepreneur and business leader with over two decades of […]

Dwindling economy: Make operating environment conducive for your workers, expert charges business owners

economy, Dr. Temitope Alake

By Temitope Adebayo The Founder of Exambeta, an Edtech startup, Abiodun Sijuade, has advised school owners, Chief Executives (CEOs) and business heads not to make the work environment and most especially school environment a toxic one for their staff amidst the current economic situation in the country. Sijuade, who is also the Co-Founder of Betaprep […]

Unlocking Efficiency: The Essential Role of Business Process Analysis in Digital Transformation

By Olushola Akinyemi In today’s fast-paced business world, digital transformation is no longer optional for Nigerian companies, it’s critical. However, many firms mistakenly focus on adopting new technologies without first optimizing the processes those technologies will automate. This is where Business Process Analysis (BPA) becomes essential. Why Business Process Analysis Matters Digitizing inefficient or broken […]

Raising the right leadership for a new Nigeria, Peter Obi is the Man – South South Business Summit

Business

By Ukpono Ukpong It was the OBI-DATTI South South Business Summit at the Presidential Hotel in Port Harcourt. And the event put together by the OBI-DATTI PRESIDENTIAL CAMPAIGN South South caucus and the BIG TENT ably driven by Deacon Chris Iyawoye and his Team did not disappoint. It was a moment of great patriotism, huge […]

Navigating supply chains bottlenecks in Nigeria

business

As the business matures, we are looking to focus on consolidating our operations and optimizing our processes to improve efficiency and effectiveness, Harold Nwariaku, managing partner at Harold & co Consulting, in this interview speaks about what he offers in value in the procurement consultancy space. Harold & Co Consulting is a supply chain consulting […]

Honourable ExKid: Entrepreneur building business empire with passion

business

The importance of passion as the driving force of entrepreneurship has been preached at many forums by some of the global business icons, and Nigeria’s rising entrepreneur, Onuora Chibueze Paul, otherwise known as Honorable Exkid, has demonstrated this dynamics in the way he has transformed from a neophyte to a business-savvy entrepreneur under three years. […]

Meet Muili Seun: Nigeria entrepreneur building multi-million agency for businesses and marketers

business

Many business organisations and marketers will not forget the impacting role of young Nigerian entrepreneurs and renowned digital marketing agency, Muili Seun in restoring the adversely impacted by the COVID-19 pandemic from near-zero income to the substantial state through content adverts and social media promotion. The Ogun State-born game-changer has expressed his commitment to making […]

Delos Chang Shares His 5 Favorite Destinations to Unwind

Everyone needs some ‘me time’, some downtime to recharge, especially if you are a hardworking entrepreneur. Running a business is extremely demanding and taking some time off helps you refocus and rejuvenate your energy. It also creates space to think about new ideas. Delos Chang, entrepreneur and investor, provides a guide on how to unwind […]

Opinion: Lagos and the ease of doing business

Sanwo-Olu, Lagos

Lagos State is unique in many ways. It is the sixth largest city in the world and the most populous state in the country. It is also the leading non-oil sector contributor to the country’s Gross Domestic Product (GDP). It contributes more than 30 per cent of the nation’s GDP, consumes more than 60 per […]

6 important things to do to protect your bank account from scam

Banking

In April this year, the Central Bank of Nigeria (CBN) issued a fraud alert to the Nigerian public about the alarming rate of cybercrime activities in the country. Since the COVID-19 pandemic began, cybercriminals have been on the rampage, defrauding citizens, stealing sensitive information, and gaining unauthorised access to electronic gadgets by all means necessary […]

EIC moves against business menace

business

By Motolani Oseni In its determination to eradicate business menace in Nigeria and the West African sub-region, Executive Intervention Consult (EIC) has kick-started its intervention space of consulting. EIC, an intervention consulting firm, primarily focuses on under performing businesses evidenced by ineffective management with the view of improving their operational efficiency, deliver profitability, sustainability and […]

FG releases details on MSMEs support scheme with N200 billion loan backing

Buhari proposes N13.08bn for 2021 budget

By Joy Obakeye Federal Government has released new details on the Micro Small and Medium Enterprises (MSMEs) support scheme being rolled out under the National Economic Sustainability Programme, Daily Times gathered. According to estimates provided, the sum of N50 billion will be used to provide payroll support, N200 billion for loans to artisans, and N10 […]