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Markets
Northern Billionaires split biggest chunk of Jaiz Bank’s N4.91bn dividend
Nigeria’s premier non-interest financial institution, Jaiz Bank Plc recently got shareholders approval for a massive 57 percent increase in its dividend payout to 11 kobo per share following a stellar financial year 2025....
Oil & Gas
FX receipts at risk as PSC, JV production drops 35%
The Nigerian oil and gas sector, once reputed for Joint Ventures (JVs) and Production Sharing Contracts (PSCs), has seen a notable decline in output and investment in recent years......
Editor | Nov 12, 2024
Oil & Gas
Marketers agree to lift petrol from Dangote refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) will start lifting premium motor spirit (PMS), automotive gas oil (AGO) and Dual Purpose Kerosene (DPK)......
Editor | Nov 12, 2024
Business
CAC registration delays frustrate Nigeria’s businesses
In March 2015, the Corporate Affairs Commission (CAC) launched an online portal and subsequently introduced a 24-hour business registration policy....
Editor | Nov 11, 2024
Economy
Private sector-led railways seen driving Nigeria’s non-oil success
Nigeria spends a whopping $3 billion on the importation of Ankara fabrics that can be produced locally, just one of a long list of examples of how the country is failing to develop its non-oil sector....
Editor | Nov 10, 2024
Telecoms
Streaming drives telcos’ data revenues to 5-year high
Revenues of telecoms companies hit five-year high in September 2024 on the back of increased streaming activities, online learning and remote work adoption by more firms....
Editor | Nov 08, 2024
Cost of living crisis
Cost-of-living crisis dents Nigeria’s middle-class dreams
Adewale Williams always dreamed big for his family. In the buzzing city of Lagos, he once envisioned owning a small, comfortable home with enough space for his two children....
Editor | Nov 08, 2024
Oil & Gas
Trump’s presidency to pressure Nigeria’s oil revenue
Donald Trump's comeback as the 47th president of the United States is poised to usher in an era of volatility and further pressure Nigeria’s already shrinking oil revenue....
Editor | Nov 07, 2024
Economy
Cardoso lures investors with highest yield on T-bills
Yemi Cardoso, Central Bank of Nigeria (CBN) governor, targeted investors with a record 29.87 percent yield on one-year treasury bills on Wednesday trading....
Editor | Nov 07, 2024
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