CAC moves to deregister 100,000 companies in Batch 6 crackdown, 90-day deadline issued
The Corporate Affairs Commission has commenced its sixth round of company strike-offs, placing approximately 100,000 registered Nigerian businesses at risk of deregistration... Read more.
Mathesis Analytics secures investment to scale AI-powered credit decisioning for Nigerian SMEs
Nigerian fintech company Mathesis Analytics has secured an investment from institutional investor First Ally Capital to expand its AI-powered credit decisioning... Read more.
Nigeria’s oil output hits 74-month high as production beats OPEC quota
Nigeria’s crude oil production reached its highest level in more than six years in June 2026, with the country surpassing its OPEC production quota for the... Read more.
Nigerian banks slashed N5.45tn in loans to 8 key sectors in 2025 as CBN ended forbearance
Nigerian commercial banks cut lending to eight major sectors of the economy by N5.45 trillion in 2025, with total sectoral credit falling 14.8 per cent from N36.77... Read more.
MeCure Industries raises capital target to N50bn after profit more than doubles in 2025
MeCure Industries Plc, one of Nigeria’s fastest-growing pharmaceutical manufacturers, has received shareholder approval to expand its capital raising programme... Read more.
Standard Chartered holds SME Day session to push Nigerian businesses toward export markets
Standard Chartered Bank Nigeria has marked International SME Day 2026 with a dedicated client engagement session designed to help small and medium-sized enterprises... Read more.
Nigeria secures global approval for flour, opening new export lanes
Nigeria has secured international approval for a new standard on root and tuber flours, a development the Federal Government and industry stakeholders are describing... Read more.
Nigerian businesses race to meet e-invoicing rules as NRS enforcement begins
Businesses across Nigeria are accelerating their integration into the Nigeria Revenue Service’s electronic invoicing framework as enforcement for large taxpayers... Read more.
FG approves free CAC registration for 250,000 Nigerian businesses to drive formalisation
President Bola Tinubu has approved the free registration of 250,000 nano, micro, and small enterprises with the Corporate Affairs Commission, in a move designed... Read more.
LASERC bans recovery of electricity bills older than one year
The Lagos State Electricity Regulatory Commission has clarified in a consumer awareness directive that electricity distribution companies and other licensed... Read more.
