Under the directive, financial institutions are required to immediately screen existing customers, beneficial owners, and all incoming and outgoing transactions...
Latest stories in business from Nigeria's leading news outlets
Like other oil producers, Iraq, a founding member of OPEC, was greatly affected by the Middle East war, as it is hugely dependent on oil exports, which make up...
Access Holdings said she also contributed to the institutional development of the group across various leadership capacities during her tenure. The post Access...
The directive followed recent sanctions imposed by the United States government on Mukhtar Muhammad, a Lagos-based BDC operator, and three firms allegedly under...
VKontakte (VK) was launched in 2006 as Russia's answer to Facebook and has since grown to become one of the most popular websites and social media platforms in...
The latest data highlight the sustained rise in fuel costs across the country, with consumers in Edo, Bauchi and Benue paying the highest average prices in May....
From next year, the EU regulation will require methane monitoring and verification for fuel deliveries to the bloc. The post Nigeria, US, Qatar Urge EU To Chang...
The government says the newly identified mineral province could strengthen Nigeria's position in the global market for critical minerals used in clean energy an...
Nigeria remained among the world’s nine largest gas-flaring countries in 2025 as global gas flaring rose to its highest level since 2019, according to the World...
Analysts say movements in the naira will continue to depend on dollar inflows from oil exports, foreign portfolio investments, diaspora remittances, and interve...
Prices surged during the conflict as tensions threatened shipping through the Strait of Hormuz. The post Oil Prices Crash To $72 Pre-War Level appeared first on...
The Bank of China, one of the nation's "big four" lenders, evaded paying 2.4 billion yuan ($352 million) in tax between April 2023 and August 2025, an annual re...
Entrepreneurs across Nigeria face high costs, changing customer needs, rapid technology shifts, and more competition. At the same time, digital tools, regional...
A major dispute has erupted between the Organised Private Sector of Nigeria (OPSN) and the Nigeria Revenue Service (NRS) over the implementation of the country’...
Financial sector players have warned that traditional audit and governance frameworks are becoming inadequate as artificial intelligence rapidly transforms bank...
Stakeholders in Nigeria’s climate, energy and development sectors have intensified efforts to launch an ambitious 80 million clean cookstoves programme aimed at...
The National Bureau of Statistics (NBS) has stated that the average retail price paid by consumers for Premium Motor Spirit (Petrol) in May 2026 was N1,596.25,...
Nigeria’s premier non-interest bank, Jaiz Bank Plc has reported a strong financial performance for the year ended 31 December 2025, with Profit Before Tax (PBT)...
The Nigeria Civil Aviation Authority (NCAA) has reiterated that safety remains the cornerstone of aviation operations, saying it is non-negotiable. This is just...
Coca-Cola has offered a limited-edition 60cl PET bottle providing 20 per cent more value across four variants as part of activities to celebrate its 75 years in...
The Managing Director/Chief Executive Officer of First Bank of Nigeria Limited, Olusegun Alebiosu and a former Minister of Finance, Kemi Adeosun, have urged pol...
The Nigerian Content Development and Monitoring Board (NCDMB) and the NLNG Ltd have reaffirmed commitment to deepen the existing close collaboration between the...
Egbin Power Plc has graduated the first cohort of its Tech Empowerment Programme, equipping 24 youths after completing the six-month intensive training programm...
The Nigerian Aviation Handling Company Plc (NAHCO) has strengthened its position in the aviation ground handling sector with the renewal of major contracts with...
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