Business

30 banks clear capital requirement as CBN reviews 3 others

30 banks clear capital requirement as CBN reviews 3 others

Nigeria’s banking sector is moving closer to a major regulatory target after the Central Bank of Nigeria disclosed that most…
Petrol price crosses ₦1000 per litre as market pressures mount in Nigeria

Petrol price crosses ₦1000 per litre as market pressures mount in Nigeria

Petrol prices have surged above ₦1000 per litre across major cities in Nigeria, prompting concern among motorists, transport operators, and…
Nigerian women whose work is shaping the world

Nigerian women whose work is shaping the world

In our everyday lives, we meet many amazing women buzzing with ambition and talent. But some have done more than…
Canal+ to shut down Showmax as streaming losses mount

Canal+ to shut down Showmax as streaming losses mount

Multichoice’s new owner, Canal+, has announced that it will discontinue the Showmax streaming service, marking a major strategic shift in…
NCDMB tightens compliance in midstream sector, warns operators against violations

NCDMB tightens compliance in midstream sector, warns operators against violations

The Nigerian Content Development and Monitoring Board (NCDMB) has intensified its drive to ensure compliance with the NOGICD Act 2010…
Nigeria produces it. Nigeria imports it. So, what is really going on?

Nigeria produces it. Nigeria imports it. So, what is really going on?

Nigeria grows rice, yet ships dock daily with foreign rice. In the same way, Nigeria harvests tomatoes, yet factories import…
Borrowing costs could ease as CBN cuts interest

Borrowing costs could ease as CBN cuts interest

Borrowing money in Nigeria has been brutally expensive for months. From business loans to personal credit, interest rates climbed to…
Global memory chip demand is reaching Nigeria’s smartphones

Global memory chip demand is reaching Nigeria’s smartphones

Artificial intelligence is reshaping the global memory chip market, and Nigeria is starting to feel the ripple effects. DRAM and…
Shea nuts export restriction deadline approaches as industry awaits government decision

Shea nuts export restriction deadline approaches as industry awaits government decision

With the February 26 deadline approaching, uncertainty is growing over what the federal government will do about the temporary restriction…
NCDMB says content levy payment required for approvals

NCDMB says content levy payment required for approvals

Nigeria’s oil and gas regulator has issued a firm warning to upstream operators that compliance with the Nigerian Content Development…
The business of beauty: Why personal care is thriving despite inflation

The business of beauty: Why personal care is thriving despite inflation

If there is one sector inflation has not managed to shut down in Nigeria, it is the beauty industry. Hair…
Startup funding rebounds, but women-led firms still attract under 10%

Startup funding rebounds, but women-led firms still attract under 10%

Africa’s startup funding landscape showed signs of life in 2025 after two difficult years, but for women-led companies, the recovery…
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