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Business & Finance

RMAFC Completes Revenue Formula, Remuneration Review

  The Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Shehu, said the commission has completed reviews of the revenue allocation formula and...

Nigerian Stock Market Turnover Rises 27% to N176bn

  Trading activity on the Nigerian Exchange (NGX) Limited surged this week as investors traded 12.15 billion shares worth N176.06 billion in 224,146 deals. According to...

Daar Communications Shares Down by 9.25% as Equities Shed N613bn Across Key Sectors

  The equities market extended its losing streak on Thursday, as investors lost N613 billion amid sustained sell-offs across key oil and gas, banking, industrial...

NAICOM Confirms Seven Additional Insurance Companies for Recapitalisation

  The National Insurance Commission (NAICOM) says seven additional insurance companies have been verified for the mininum capital requirements under Nigerian Insurance Industry Reform Act...

FG Re-opens Three Bonds Valued at N1.1trn for Subscription in August

  The Debt Management Office (DMO), on behalf of the Federal Government, has announced an offer of three FGN bonds valued at N1.1 trillion for...

AFRICA’S PRODUCTIVITY CRISIS — WE FOCUS TOO MUCH ON ECONOMICS AND TOO LITTLE ON ENTREPRENEURSHIP.

  Africa’s major challenge is not the absence of resources. It is our inability to transform those resources into productive enterprises, scalable businesses, industries, jobs, and...

Rep Pledges Legislative Backing for West Africa Petrol Pricing Benchmark

  The House of Representatives Committee on Petroleum Resources (Downstream), Rep. Ikenga Ugochinyere, the Chairman, has pledged legislative support for the establishment of a transparent...

Capital Market: SEC Urges Investors to Reclaim Outstanding Funds, Promote e-dividend Registration

  The Securities and Exchange Commission (SEC) has urged investors to identify and reclaim their unclaimed funds and other legitimate entitlements in the Nigerian capital...

“Women Like Money” — Bishop Aremu Urges Husbands to Spend on Their Wives

  Bishop Thomas Aremu has urged husbands to be generous towards their wives and ensure they are financially supported, particularly when their spouses are also...

Tinubu Approves Offshore Reform to Unlock $50bn Investment

  President Bola Tinubu has approved a landmark reform aimed at unlocking up to 50 billion dollars in deep offshore investment and reviving stalled offshore...

Tinubu, Cardoso, to Headline 2026 Banking And Finance Conference

  President Bola Tinubu and the Central Bank Governor, Olayemi Cardoso, are among dignitaries to headline the Chartered Institute of Bankers of Nigeria’s (CIBN)19th Annual...

Group Targets $100bn Investment in Nigeria Oil And Gas, Others

  The Business Summit Group said it is targeting the mobilisation of more than 100 billion dollars investment across a broad range of sectors. President, Business...