BUSINESS

Uba Welcomes New Chairman Nnorom As Elumelu Exits

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United Bank for Africa Plc has announced a leadership transition at the top of its board, with Tony Elumelu stepping down as chairman and...

BREAKING: NNPCL increases fuel price

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The Nigerian National Petroleum Company Limited has increased the pump price of Premium Motor Spirit, popularly known as petrol, by about five per cent. The...

Governor Eno Inspects Brand-New Airbus A220-300 for Ibom Air in Canada

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Akwa Ibom State Governor, Pastor Umo Eno, has conducted a pre-delivery inspection of a brand-new Airbus A220-300 aircraft acquired for the state-owned Ibom Air. The...

Dollar to Naira Exchange Rate Today, August 13, 2026: Naira Extends...

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The Nigerian naira continued its recent appreciation against the United States dollar at the official foreign exchange market on Thursday, August 13, 2026. Data from...

NNPCL Slashes Petrol Price Again After Report, Offers Relief to Motorists

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The Nigerian National Petroleum Company Limited (NNPCL) has again reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol, following a...

FG Reportedly Collects Over ₦180 Billion VAT From Facebook, Google, Netflix,...

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The Federal Government has reportedly generated more than ₦180 billion in Value Added Tax (VAT) from foreign digital service providers, including Facebook, Google, Netflix,...

Dangote-Backed MRS, Other Filling Stations Slash Petrol Prices Across Nigeria

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Motorists across Nigeria are set to enjoy lower fuel costs after Dangote-backed MRS Oil Nigeria Plc and several other petroleum marketers reduced the pump...

Dollar to Naira Exchange Rate Today, July 31st, 2026

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The Nigerian naira continued its downward trend against the United States dollar at the official foreign exchange market on Thursday, July 30, 2026, extending...

Oluremi Tinubu Donates ₦2 Billion to Promote Akwete Fabric

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Nigeria’s First Lady, Senator Oluremi Tinubu, has donated ₦2 billion to the Akwete Cooperative Society in Abia State to support the promotion, preservation and...

NNPCL Increases Petrol Price by ₦115 Per Litre

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The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), popularly known as petrol, by ₦115 per...

AEDC Announces Two-Day Blackout in Presidential Villa, National Assembly, Parts of...

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The Abuja Electricity Distribution Company (AEDC) has announced a scheduled two-day power outage that will affect the Presidential Villa, the National Assembly Annex, the...

UBA Business Series Enlists M.I Abaga, Chowdeck CEO to Speak on...

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United Bank for Africa (UBA) has unveiled an exciting lineup of speakers for the latest edition of its Business Series, featuring award-winning rapper and...

Naira further depreciates, loses N3.32 against dollar at official market

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The Nigerian naira weakened further against the United States dollar at the official foreign exchange market, extending its recent losing streak after depreciating by...

Cross River Unveils Seven-Year Coffee Development Plan to Diversify Economy

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The Cross River State Government has unveiled a seven-year coffee development roadmap aimed at diversifying the state’s economy, expanding non-oil exports and creating thousands...

Tinubu Orders Probe of Meta, Google, X, AI Platforms Over Use...

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President Bola Ahmed Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate leading global technology companies, including Meta, Alphabet (Google),...

CBN Revokes Licence of Abia SME Microfinance Bank, 45 Others

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The Central Bank of Nigeria (CBN) has revoked the operating licence of Abia SME Microfinance Bank, making it one of 46 microfinance banks affected...

OPay Introduces Emergency Lock and Safety PIN to Enhance Customer Protection

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Digital financial services provider OPay has unveiled two new security features, Emergency Lock and Safety PIN, aimed at strengthening the protection of users’ accounts...

Nigerians Yet to Benefit from Falling Crude Prices, FCCPC Warns Petrol...

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The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over the failure of petrol prices to reflect the recent decline in global...

Remi Tinubu Sparks Debate After Urging Nigerians to Start Akara, Corn...

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Nigeria’s First Lady, Sen. Oluremi Tinubu, has sparked widespread reactions after encouraging Nigerians, particularly women and young people, to embrace small-scale businesses such as...

Cash Hoarding Hits N5.19 Trillion Despite Nigeria’s Cashless Policy Push

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Nigeria’s push toward a cashless economy is facing a significant challenge as cash held outside the banking system climbed to N5.19 trillion in May...

Alex Otti Unveils United Nigeria Airlines’ New Boeing Aircraft Named After...

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Abia State Governor, Alex Otti, on Thursday unveiled two newly acquired Boeing 737-800NG aircraft belonging to United Nigeria Airlines, named in honour of renowned...