Business Archives

business

Business News

Naira Strengthens to N1,375 per Dollar in Parallel Market

The naira gains value against the dollar in both the parallel and official markets.

Graph showing rising debt levels in developing countries.

Business News

Developing Countries’ Debt Reaches Record $9.4 Trillion in 2025, Says World Bank

The World Bank reports that developing countries’ external debt has surged to $9.4 trillion, driven by private financing.

Ondo State Competition and Consumer Protection Agency warning businesses

Business News

Ondo State Agency Takes Stand Against Consumer Exploitation by Businesses

The Ondo State Consumer Protection Agency warns businesses to stop unfair practices or face legal action.

A pedestrian walks in front of the Bank of England in London.

Business News

Bank of England Raises Interest Rate for First Time in Over Three Years

The Bank of England increased its interest rate to four percent to combat rising inflation driven by energy costs.

Kwara State Commissioner for Livestock Development, Oloruntoyosi Thomas, during a meeting.

Business News

Kwara State Seeks Partnerships to Enhance Livestock Production

Kwara State aims to collaborate with private investors to improve livestock and dairy farming.

LASCOPA office in Lagos helping consumers with complaints

Business News

Lagos Consumer Agency Recovers Over N759 Million for Residents in Six Years

The Lagos State Consumer Protection Agency has resolved thousands of complaints and recovered significant funds for consumers.

An Emirates airline plane at an airport.

Business News

Emirates Airline Reports 66% Drop in Profits Amid War and Rising Fuel Costs

Emirates Group’s profits fell significantly due to high fuel prices and disruptions from the Middle East conflict.

Minister Adegboyega Oyetola addressing the IMO Council meeting.

Business News

Nigeria Seeks Global Investment to Boost Maritime Economy

The Nigerian government is looking for international support to enhance its shipping industry.

Edo State Governor Monday Okpebholo signing the agreement for the state-owned airline.

Business News

Edo State Signs Agreement to Launch State-Owned Airline with Chinese Partners

Edo State Governor Monday Okpebholo has signed an agreement to start a state-owned airline with China Express Airline and KDN Aero.

Business News

Ingentia Energies Aims for 30,000 Barrels of Oil Per Day by 2030

The company plans to significantly increase its oil production while maintaining responsible practices.

Business News

Access Holdings Reports N474 Billion Profit for Nine Months Ending September 2026

Access Holdings Plc announced a profit of N474 billion for the first nine months of 2026, reflecting strong financial performance despite rising expenses.

KEDI Healthcare anniversary celebration event

Business News

KEDI Healthcare Marks 20 Years in Nigeria with Awards and New Initiatives

KEDI Healthcare celebrates two decades in Nigeria with an award ceremony and new projects.

Canadian Prime Minister Mark Carney presenting the budget in parliament.

Business News

Canada’s New Budget Aims to Reduce Dependence on US Trade

Prime Minister Mark Carney’s government introduces a budget focused on diversifying trade relationships.

Illustration of digital banking and cash support services.

Business News

Five Digital Banks for Nigerians to Access N50,000 Monthly Cash Support

The Federal Government lists digital banks for cash support aimed at vulnerable households.

Women participating in the FinTribe Finance Fair discussing financial strategies.

Business News

FinTribe Hosts Event to Empower Women in Financial Literacy and Wealth Creation

The FinTribe Finance Fair gathered women and financial experts to discuss investment and financial independence.

Bank of Industry and IFC representatives signing a loan agreement.

Business News

Bank of Industry and IFC Sign $50 Million Loan to Support Small Businesses in Nigeria

The Bank of Industry teams up with the International Finance Corporation to boost financing for small businesses, especially those owned by women.

A family discussing business matters together.

Business News

Parents Must Prepare Children to Manage Wealth to Avoid Loss, Expert Warns

A legal expert emphasizes the importance of training heirs to preserve family wealth.

Business News

Moniepoint Customers Can Check Eligibility for ₦50,000 Government Support

Moniepoint Microfinance Bank customers can now verify their eligibility for ₦50,000 emergency relief via USSD.

Business News

Former Afreximbank President Calls for Africa to Seize Economic Opportunities

Professor Benedict Oramah urges African nations to adapt to global changes for growth.

A meeting at the Africa Financial Industry Summit in Luanda, Angola.

Business News

IFC and Access Holdings Join Forces to Enhance Trade Finance in Africa

The International Finance Corporation and Access Holdings have partnered to improve trade finance and support business growth across Africa.