Business

IFC considers $8.6m financing for Nigerian mini-grid firm

The International Finance Corporation (IFC) is considering up to $8.6m in debt financing for Nigerian renewable energy company Nayo Tropical…

3 days ago

Afreximbank backs $29m digital system to ease East Africa border trade

The African Export-Import Bank (Afreximbank) has provided a $29m guarantee to support a digital customs system aimed at simplifying the…

3 days ago

Dantata faces forfeiture bid over N2.31bn aircraft duty debt

The Nigeria Customs Service has asked the Federal High Court in Lagos to order the final forfeiture of three aircraft…

3 days ago

Nasarawa women farmers gain land access, stronger budget voice — Report

Women smallholder farmers in Nasarawa State have recorded gains in access to land, savings and participation in the state’s budget…

3 days ago

EKEDC leads as DisCos generate N205.53bn revenue in one month

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity distribution companies (DisCos) collected N205.53 billion out of N250.79 billion billed customers…

3 days ago

Scrap dealers threaten strike over price cuts

Scrap metal dealers across Nigeria have threatened to stop supplying iron and steel companies for two weeks from October 1…

3 days ago

Nigeria’s petrol exports hit N998.5bn

Nigeria generated nearly N1tn from exports of petrol in the first half of 2026, marking a sharp reversal for a…

4 days ago

Hackers siphon $351.6m from Bitget wallets

Cryptocurrency exchange Bitget says hackers made away with about $351.6 million after gaining unauthorised access to a critical backend system…

4 days ago

Nigeria’s stock market rises 0.38% as investors gain N623bn

The Nigerian stock market closed on a positive note on Thursday, September 24, 2026, with performance indices rising by 0.38…

4 days ago

Ogun govt, DP World sign $7bn deal to develop Deep Seaport, Blue Marine SEZ

The Ogun State Government and DP World MEA FZE have signed Memoranda of Understanding (MoUs) for the development of the…

4 days ago

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