Business

The Central Bank of Nigeria (CBN) has issued a directive requiring banks to submit a Capital Restoration Plan as part of its efforts to transition out of the regulatory forbearance...

The Federal Government spent N536.4 billion on electricity subsidies in the first quarter of 2025, despite grappling with over N4 trillion in outstanding debt to power generation companies. This was...

Benedine Eloka serves as the Vice President of Clarion Shipping West Africa Limited, a fully Nigerian-owned maritime logistics company. With over two decades of industry experience, the firm recently launched...

The Sustainability Professionals Institute of Nigeria (SPIN) has welcomed 96 new members during its 2025 cohort induction ceremony. Held at the Lagos Chamber of Commerce and Industry, the event marked...

Nigerian health tech company, Plural Health formerly known as Plateaumed is taking aim at Africa’s fragmented healthcare system by rolling out a unified digital infrastructure. In a statement, the company...

The CEO of McYouniverse Group, Michael Egbekoya, discusses key challenges in Nigeria’s real estate sector in this interview with JOSEPHINE OGUNDEJI. Nigeria’s real estate sector is caught in a paradox...

Air travellers departing from Nigeria face some of the highest taxes and charges on the continent, averaging $180 per international flight almost three times the African average of $68. This...

Nigeria’s electricity distribution companies raked in ₦553.63 billion in Q1 2025, despite ongoing complaints over poor power supply, erratic billing, and frequent outages. According to the Nigerian Electricity Regulatory Commission’s...

According to the latest report from the (NERC) Nigerian Electricity Regulatory Commission, Benin and Togo have failed to pay over $11 million owed to Nigeria for electricity supplied in Q1...

A recent report on Lagos’ housing market reveals that over 84% of the city’s coastline has receded in the past 50 years, driven by unchecked coastal erosion, rising sea levels,...