Business
Meet 10 Chairpersons of the largest insurance companies in Nigeria by market cap
February 26, 2026
Meet 10 Chairpersons of the largest insurance companies in Nigeria by market cap
Nigeria’s insurance sector is undergoing significant growth.According to the Central Bank of Nigeria (CBN), total assets in the sector hit…
Naira cools off against British pound at N1,842/£1 as CBN mops dollar liquidity
February 26, 2026
Naira cools off against British pound at N1,842/£1 as CBN mops dollar liquidity
Recent price action shows the local currency is cooling off against the British pound amid growing interest in naira-denominated assets…
Nigerian, Matthew Akande, ordered to pay $1.39m after U.S. tax fraud conviction
February 26, 2026
Nigerian, Matthew Akande, ordered to pay $1.39m after U.S. tax fraud conviction
Nigerian national Matthew Akande has been sentenced to eight years in prison and ordered to pay $1.39 million in restitution…
Naira weakens to N1,353.5/$ ahead of 304th MPC meeting
February 26, 2026
Naira weakens to N1,353.5/$ ahead of 304th MPC meeting
The naira weakened slightly in the official foreign exchange market on Monday, closing at N1,353.5/$ ahead of the 304th Monetary…
Lagos govt denies reports of resumed monthly sanitation exercise
February 26, 2026
Lagos govt denies reports of resumed monthly sanitation exercise
The Lagos State government has refuted reports suggesting that the state had resumed its monthly environmental sanitation exercise.This was clarified…
Africa Stablecoin Network seeks unified framework for digital assets
February 26, 2026
Africa Stablecoin Network seeks unified framework for digital assets
The Africa Stablecoin Network (ASN) has called for a unified regulatory framework to unlock the benefits of stablecoins for the Nigerian economy.The Network made the call…
Manufacturers raise alarm as FG pushes ahead with tax stamp plan
February 26, 2026
Manufacturers raise alarm as FG pushes ahead with tax stamp plan
Stakeholders in the manufacturing sector have expressed deep concerns over the decision of the federal government to proceed with its planned tax stamp…
Ellah Lakes share price plunges after announcing failed N235bn IPO
February 25, 2026
Ellah Lakes share price plunges after announcing failed N235bn IPO
Ellah Lakes Plc’s share price plunged by nearly the maximum daily limit of 10% on Monday after the agro-allied firm…
Lagos enforces 5% withholding tax on gaming payouts
February 25, 2026
Lagos enforces 5% withholding tax on gaming payouts
The Lagos State Government has announced the commencement of a 5% withholding tax (WHT) on gaming payouts, directing all licensed…
GenCos dispute N2.8trn debt settlement approved by presidency
February 25, 2026
GenCos dispute N2.8trn debt settlement approved by presidency
The Association of Power Generation Companies (APGC) has dismissed reports claiming that N2.8 trillion represents a newly verified and final…