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How UK’s $17m investment in Nigeria’s clean energy sector creates 1100 jobs

By Chioma Obinagwam   Three companies in Nigeria’s clean energy sector—Arnergy, Koolboks, and BURN Manufacturing—have collectively secured $17 million in Foreign Direct Investment...

BusinessNews

Undersea cables: Nigeria seeks collaboration of West African countries to protect telecom infrastructure

By Chioma Obinagwam Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for...

BusinessNews

FDI, local investments in Nigeria’s telecoms sector leap by 11.18% in 3 years

By Chioma Obinagwam Foreign Direct Investment (FDI) and local investments in Nigeria’s telecommunications sector grew by 11.18 percent from 2018 to 2021.  ...

BusinessNews

CBN moves to increase forex allocation to banks

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to...

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Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses‎‎

By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...