BUSINESS
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Nigeria’s T+1 Settlement Cycle: Capital Market Enters Faster, Leaner Global League
Nigeria’s transition to T+1 settlement shortens trade settlement to one business day, reducing risk, improving liquidity and aligning the capital…
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TAJBank Consolidates Non-Interest Banking Leadership with ₦1.34trn Assets
TAJBank strengthened its leadership in Nigeria’s non-interest banking segment in 2025, growing assets to ₦1.34 trillion and profit before tax…
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CBN’s PSV 2028 Will Position Nigeria as Africa’s Payments Hub – Cardoso
CBN Governor Olayemi Cardoso says PSV 2028 will position Nigeria as Africa’s leading payments hub by strengthening digital infrastructure, expanding…
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Shareholders Demand Greater Transparency on Bank Dividends Decisions
Shareholders say banks that withhold dividends must communicate clearly with investors, especially where decisions are driven by recapitalisation, regulatory directives,…
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AfDB, WEF Push New Financing Roadmap for Africa’s Frontier Markets
AfDB and the World Economic Forum have launched a new roadmap to mobilise private and catalytic capital for Africa’s fragile…
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Dangote Cuts Diesel Price by ₦200 as Import Rivalry Reshapes Downstream Market
Dangote Refinery has cut diesel depot price from ₦1,800 to ₦1,600 per litre, intensifying rivalry with importers and raising fresh…
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EU hits Temu with €200m Fine Over Illegal Product Risks
The European Commission’s action against Temu is not merely a penalty against one discount marketplace. It is a warning that…
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How Poor Electricity Supply is Pushing Small Businesses to the Brink
For many micro and small enterprises in Abuja’s satellite towns, unstable, poor electricity supply is no longer a mere inconvenience.…
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Cooking Gas Price Rise as FX Pressure, Depot Costs Squeeze Households
LPG retailers say rising cooking gas prices are being driven by exchange-rate volatility, depot costs, diesel-powered distribution and limited local…
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NEM Insurance Claims Payout Rises to ₦41.46bn in 2025
NEM Insurance paid ₦41.46 billion in gross claims in 2025, led by motor, fire, oil and gas and general accident…
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