Nigeria business news News
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Latest Articles
- Airtel Nigeria Suspends Airtime and Data Borrowing Services to Align with New Regulatory Requirements
Published: Apr 17, 2026
Section: Africa
Airtel Nigeria has temporarily withdrawn its popular airtime and data credit services, affecting prepaid subscribers who rely on short-term loans. The company stated the move is a...
- Airtel Nigeria Suspends Airtime and Data Lending Services to Align with New FCCPC Lending Regulations
Published: Apr 17, 2026
Section: Africa
Airtel Nigeria has announced a temporary halt to its airtime and data credit services following the introduction of the Digital, Electronic, Online or Non-Traditional Consumer Lend...
- Providus Bank Unveils "T2T" Program to Bridge Export Gaps for African SMEs
Published: Apr 11, 2026
Section: Africa
Providus Bank has launched the Training to Transaction (T2T) program to help African SMEs move from export preparation to active global trade. Partnering with groups like the Globa...
- Billionaire Industrialists Otedola and Dangote Meet President Tinubu to Strategize on National Economic Reform Benefits
Published: Apr 6, 2026
Section: Africa
President Bola Ahmed Tinubu hosted prominent business leaders Aliko Dangote and Femi Otedola at his Lagos residence on Easter Sunday to discuss the trajectory of ongoing fiscal ref...
- Nigerian Equity Capitalisation Surges by N837 Billion as Key Financial and Mining Stocks Lead Gains
Published: Apr 6, 2026
Section: Africa
Investors in the Nigerian capital market saw substantial growth last week as equity capitalisation rose to N129.8 trillion by the close of trading on April 2, 2026. The market was...
- Coscharis Motors Unveils Exclusive Easter Promotional Campaign Featuring Significant Price Reductions Across Luxury Automobile Portfolio
Published: Apr 4, 2026
Section: Africa
Leading Nigerian automotive dealer Coscharis Motors has launched a month long Easter value initiative offering up to 10% discounts on premium vehicle brands. The campaign includes...
- Central Bank of Nigeria Establishes Payments Service Providers’ Committee to Regulate Rapidly Expanding Digital Ecosystem
Published: Apr 3, 2026
Section: Africa
The CBN has inaugurated a Payments Service Providers’ Committee to coordinate licensed providers and regulators including the NCC and SEC. Following a record-breaking 2024 where el...
- BUA Foods Revenue Hits N1.77 Trillion as Board Proposes Massive 115 Percent Dividend Increase
Published: Mar 31, 2026
Section: Africa
BUA Foods Plc has reported a 16 percent revenue climb to N1.77 trillion for the 2025 fiscal year, alongside a 95 percent surge in after-tax profits. Following these record results,...
- UAC Foods Faces 39 Percent Profit Slump as Rising Finance Costs Offset Massive Revenue Gains
Published: Mar 31, 2026
Section: Africa
UAC Foods Plc reported a net profit of N9.91 billion for the 2025 financial year, marking a significant decline from the N16.31 billion achieved in the previous period. Despite a 7...
- Nigerian Equities Market Capitalisation Sheds N157 Billion Amid Volatile Five Day Trading Window
Published: Mar 28, 2026
Section: Africa
The Nigerian Exchange Group saw market capitalisation retreat to N128.9 trillion following a week characterized by erratic trading sessions and declining investor sentiment. Despit...
- Nigerian Equity Market Gains N21 Billion as All Share Index Inches Toward New Milestone
Published: Mar 27, 2026
Section: Africa
The Nigerian stock market recorded a marginal 0.02 percent advance on Thursday as the All Share Index climbed to 200,957.89 points. Investors saw the total market capitalization ri...
- Nigerian APC Chieftain Demands Urgent Presidential Intervention as National Grid Failures Decimate Local Businesses
Published: Mar 23, 2026
Section: Africa
Hon. Olatunbosun Oyintiloye has formally appealed to President Bola Tinubu to address the deteriorating electricity supply currently paralyzing economic activity across Nigeria. Th...