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Latest Business

Apapa Customs Records N28.1bn Single-Day Revenue Collection
Apapa Customs Records N28.1bn Single-Day Revenue Collection

August 20, 2026

The Apapa Area Command of the Nigeria Customs Service (NCS) has recorded its highest-ever single-day revenue c...

Access Bank Seeks Recovery of ₦1.34bn Allegedly Lost to Fraudsters
Access Bank Seeks Recovery of ₦1.34bn Allegedly Lost to Fraudsters

August 17, 2026

Access Bank Plc has approached the Federal High Court in Lagos seeking to recover ₦1.34 billion allegedly dive...

Nigeria Exceeds OPEC Quota For Third Consecutive Month Despite 4% Production Drop
Nigeria Exceeds OPEC Quota For Third Consecutive Month Despite 4% Prod...

August 13, 2026

Nigeria has exceeded its OPEC crude oil production quota for the third consecutive month, despite a four per c...

Dangote-Backed Lamu Refinery To Begin Construction In October
Dangote-Backed Lamu Refinery To Begin Construction In October

August 10, 2026

Africa’s richest man, Aliko Dangote, has announced that construction of the proposed Lamu oil refinery in Keny...

BoA Receives ₦550bn To Support Smallholder Farmers, Stabilise Food Prices
BoA Receives ₦550bn To Support Smallholder Farmers, Stabilise Food Pri...

August 10, 2026

The Bank of Agriculture (BoA) has received a total of ₦550 billion from the Federal Government to expand finan...

SunTrust Bank Faces Alleged ₦800 Million Cyber Fraud as DSS Arraigns Suspect
SunTrust Bank Faces Alleged ₦800 Million Cyber Fraud as DSS Arraigns S...

August 7, 2026

SunTrust Bank Plc is reportedly seeking to recover more than ₦800 million allegedly lost to a sophisticated cy...

Court Orders Stanbic IBTC to Pay ₦15m for Unlawful Customer Data Processing
Court Orders Stanbic IBTC to Pay ₦15m for Unlawful Customer Data Proce...

August 3, 2026

A High Court of the Federal Capital Territory has ordered Stanbic IBTC Bank Plc to pay ₦15 million in general...

Nigeria Loses 47% of Dollar Millionaires Over Decade, Retains Fourth Place in Africa
Nigeria Loses 47% of Dollar Millionaires Over Decade, Retains Fourth P...

July 31, 2026

Nigeria has recorded a 47 per cent decline in its population of dollar millionaires over the past decade. Desp...

Otedola Increases First HoldCo Stake With ₦222.2 Billion Share Acquisition
Otedola Increases First HoldCo Stake With ₦222.2 Billion Share Acquisi...

July 31, 2026

Billionaire businessman Femi Otedola has increased his ownership stake in First HoldCo Plc after acquiring an...

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