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Business & Economy

Quilox ranks among Nigeria’s top nightlife earners as Moniepoint Report values sector at ₦900bn annually

Management of Quilox Nightclub has welcomed a new industry report by Moniepoint, which identifies the luxury venue as one of the leading revenue drivers in...

‘Not for sale’: CBN debunks rumours of Polaris Bank sale amid recapitalisation drive

This content is fake. Let the public be guided. The Nigerian banking system is safe and secure - CBN The Central Bank of Nigeria (CBN)...

Lagos court nullifies CBN intervention in Union Bank, restores board

A Federal High Court sitting in Lagos on Wednesday nullified the January 2024 dissolution of the board and management of Union Bank of Nigeria...

Why pay rent endlessly when you can own your dream home now?

For many Nigerians, owning a home remains a lifelong aspiration—often delayed by years of saving, rising construction costs, and limited access to affordable credit....

From rent to keys: FirstBank offers ₦100m home loans at 9.75%

How FirstBank is quietly changing the homeownership story for Nigerians For many Nigerians, owning a home has long felt out of reach—something to dream about,...

Tinubu taps GTBank co-founder, Fola Adeola to head Petroleum Reform Taskforce

President Bola Ahmed Tinubu has appointed banking icon Fola Adeola, co-founder of Guaranty Trust Bank, to chair the newly created Presidential Petroleum Reform and...

CBN orders banks to bind mobile banking apps to single device from July 2026

The Central Bank of Nigeria (CBN) has introduced a raft of new security measures for instant payments, including a rule that restricts mobile banking...

CBN cracks down on chronic loan defaulters as debt overhang weighs on Nigerian banks

Amid growing concerns that mounting bad loans are constraining the performance and lending capacity of Nigerian banks, the Central Bank of Nigeria (CBN) has...

Nigeria posts ₦5.17tn trade surplus in Q1 2025 as exports outpace imports

Nigeria recorded a trade surplus of ₦5.17 trillion in the first quarter of 2025, driven by stronger export earnings and a moderation in import...

Reprieve for Nigerians as Dangote Petroleum Refinery cuts petrol price

Nigerians may see some relief in fuel costs after the Dangote Petroleum Refinery on Tuesday announced a fresh reduction in the gantry price of...

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