Business Archives - Page 14 of 35

Kayode Tokede The Central Bank of Nigeria (CBN) in the first quarter of 2026 raised an estimated N4.86 trillion through the Nigerian Treasury Bills (NTB) as investors hedge against double-digit

Breaking News Business Niaja News

April 13, 2026 nuus.ng reporters

Jagir Baxi: Why Erha at 20 is Just the Beginning: My Vision for Nigeria’s Deepwater Future

On March 27, ExxonMobil marked a historic 20 years of uninterrupted operations at the Erha Field, a milestone that transcends mere production figures. Since delivering its first oil in 2006,

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April 13, 2026 nuus.ng reporters

Banks’ Credit to Private Sector Rises to N75.62tn, Lending Hits Post-recapitalisation High

Nume Ekeghe The Nigerian banking sector’s credit to the private sector edged higher to N75.62 trillion in February 2026, as improved capital buffers from the recently concluded recapitalisation exercise bolstered

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April 13, 2026 nuus.ng reporters

Fidelity Bank Takes Lead in Banking Recapitalisation Drive

Kayode Tokede As the Central Bank of Nigeria’s (CBN) recapitaliSation exercise came to an end March 31, 2026, most banks operating in the country rose to the challenge and met

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April 13, 2026 nuus.ng reporters

80% of Vessels Grounded as Rising Diesel Prices Cripple Fishing Sector

Eromosele Abiodun It has emerged that more than 80 per cent of their vessels operated by Nigerian trawlers are currently grounded due to the sharp rise in diesel prices. A

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April 13, 2026 nuus.ng reporters

AU, ImpactHER to Examine Role of African Female Entrepreneurs in Economic Transformation

The African Union, in partnership with ImpactHER, will host the second edition of the Global African Women Sustainability Conference 2026, in Abuja. The conference is a premier continental gathering that

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April 12, 2026 nuus.ng reporters

Eterna Declares 52.9% Growth in Profit Before Tax

Kayode Tokede Eterna Plc has announced its audited financial results for the full year ended 31 December 2025, delivering a strong performance marked by significant profit growth and improved balance

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April 12, 2026 nuus.ng reporters

Crisis of Insider Complicity in Nigeria’s Financial Sector

Unexplained debits often signal insider fraud in Nigerian banks, as trusted hands quietly move billions from customer accounts, writes Festus Akanbi Somewhere between the polished marble floors of Nigeria’s banking halls

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April 11, 2026 nuus.ng reporters

Why CBN Is Engaging Virtual Asset Firms

Nume Ekeghe writes on the Central Bank of Nigeria’s quiet but strategic engagement with virtual asset service providers, and how the move is aimed at strengthening financial system integrity,

Africa trade policy group appoints Ese Owie as Convenor, targets global influence

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April 10, 2026 nuus.ng reporters

Africa trade policy group appoints Ese Owie as Convenor, targets global influence

By Jeremiah Urowayino Trade experts and thought leaders from across the African continent have said Africa has a role in shaping the World Trade Organisation, WTO, reform, noting that the world is at a critical juncture for the multilateral trading system. They said this while launching the Africa Trade Policy Working Group, ATP Working Group, […]

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