CAC mandates new information for all business name update requests
The Corporate Affairs Commission has introduced new information requirements for every business name update request on its online platform. The update follows the... Read more.
NNPC, Heirs Energies sign gas flare commercialisation agreements to boost power generation
NNPC Limited (NNPC) and Heirs Energies have finalised agreements to commercialise gas flares — a move aimed at converting wasted gas into usable energy... Read more.
Sephine Edefe Nigeria buys ₦610.7 million worth of shares in Consolidated Hallmark
Sephine Edefe Nigeria Limited has acquired shares worth N610.7 million in Consolidated Hallmark Holdings Plc, increasing its ownership position in the firm.... Read more.
Standard Chartered completes transfer of Cameroon business to Access bank
Standard Chartered has completed the transfer of its Cameroon business to Access Bank Cameroon. The move follows the bank’s plan to reduce its presence... Read more.
Nigeria bets on digital payments VAT for more revenue
Nigeria is leveraging the growth of digital payments to increase Value Added Tax (VAT) collection. Officials said today that the surge in cashless transactions... Read more.
Nigeria faces uphill task selling new upstream oil dream
Nigeria’s latest plan to attract foreign investment in the upstream oil sector faces significant challenges. Despite launching strategies to license new acreage,... Read more.
Naira extends decline, closes week at ₦1,454/$1 amid holiday demand pressure
…holiday season triggers increased forex demand The naira continued its downward slide this week, ending trading at ₦1,454 per US dollar, driven largely... Read more.
Software spending by 7 SWOOT giants surges in 9M 2025 as competition intensifies
Nigeria’s seven SWOOT giants — Seplat, Wema Bank, Oando, MTN Nigeria, Dangote Cement, GTCO, and Zenith Bank — increased their software and digital-infrastructure... Read more.
OPEC reports oil output slips in november, nigeria among countries affected by outages
Global oil production among OPEC members fell in November 2025 to 28.40 million barrels per day, a decline of 30,000 bpd compared with October, according to a survey... Read more.
Nigeria approves ₦185 billion payment for gas debts to boost power supply
The Federal Government of Nigeria has approved a payment of ₦185 billion (≈ US$128 million) to settle debts owed to gas producers supplying power-generating... Read more.
