Business

Nigeria loses $850m annually to weak digital identity adoption — NiRA

The Nigerian Internet Registration Association (NiRA) has revealed that Nigeria loses an estimated $850 million annually due to the poor…

3 weeks ago

Daughter’s remark inspired my return to business — Otedola

Nigerian billionaire businessman, Femi Otedola, has revealed that a comment made by his daughter prompted him to return to active…

3 weeks ago

Nigerians spend N50bn on US visa applications as approvals decline

Nigerians spent more than N50 billion on United States visa applications between 2023 and 2024 despite a significant decline in…

3 weeks ago

Nigeria’s fuel import bill drops by N2.18trn

Nigeria's expenditure on petrol imports fell sharply in the first quarter of 2026, dropping by more than N2 trillion as…

3 weeks ago

Stock market opens week positive as investors gain N515bn

The Nigerian stock market opened the week on a positive note on Monday, June 8, 2026, as investors’ wealth increased…

3 weeks ago

Heirs Insurance hits 3m policyholders as total assets rise to N136bn

Heirs Insurance Group says it has impacted and protected more than three million customers in its first five years of…

3 weeks ago

CEVA, EFL launch joint venture to strengthen logistics services in Nigeria

Global logistics provider CEVA Logistics and EFL Africa have launched a joint venture in Nigeria, marking a major step toward…

3 weeks ago

Julius Berger posts N30.17bn profit, proposes N6.8bn dividend ahead of 56th AGM

Julius Berger Nigeria Plc has reported a strong financial performance for the 2025 financial year, recording significant growth in revenue…

3 weeks ago

Sanwo-Olu courts investors at Invest Lagos Summit

Lagos State Governor, Babajide Sanwo-Olu, has intensified efforts to attract local and foreign investments, describing Lagos as Africa’s leading gateway…

3 weeks ago

Shettima, Oyedele tout Lagos as engine of Nigeria’s economic growth

Vice-President Kashim Shettima and Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, have highlighted Lagos State’s central…

3 weeks ago

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