South-East Leads as Startup Funding Hits $10.23m Amid Sharp Capital Concentration
Startups in Nigeria’s South-South and South-East regions raised a total of $10.23 million in disclosed funding between 2023 and 2025, marking a 29.6% increase from...
Author : Alake Uri
Nigeria Weighs Lecturer Allowance Reform Amid Fears of Pay Gap in Universities
Nigeria’s proposed overhaul of lecturer allowances is raising concerns across the higher education sector, with stakeholders warning that the policy could widen existing salary disparities...
CBN Redeploys Four Deputy Governors in Strategic Leadership Reshuffle
The Central Bank of Nigeria (CBN) has redeployed its four Deputy Governors in a management reshuffle aimed at strengthening leadership structure and improving operational efficiency....
Petrol Price Surges 643% to N1,300 as Subsidy Removal, FX Pressures Bite
The price of Premium Motor Spirit (petrol) in Nigeria has risen sharply from about N175 in May 2023 to between N1,300 and N1,400 per litre...
FG Launches June 2026 Savings Bond Offering Up to 14.8% Yield
The Federal Government, through the Debt Management Office (DMO), has opened subscriptions for its June 2026 Savings Bond, offering retail investors annual returns of up...
Nigeria’s Bad Loan Ratio Climbs Above Regulatory Threshold as Forbearance Exit Bites
Nigeria’s banking sector recorded a further decline in asset quality in January 2026, with the ratio of non-performing loans (NPLs) rising to 8.03 percent, according...
Nigeria Aligns With Global Markets as CSCS Rolls Out T+1 Settlement
Nigeria’s capital market has recorded a major milestone with the official launch of the T+1 settlement cycle by the Central Securities Clearing System (CSCS) Plc,...
Flutterwave Tops $40bn, Hits 1bn Transactions
African payments technology company Flutterwave says it has now processed more than one billion transactions and moved over $40 billion in total payment value since...
AI Reshapes Business Growth, Marketing and Employment Across Africa, Expert Says
Artificial intelligence is significantly transforming business operations, content creation, and marketing strategies across Nigeria and Africa, while also creating new opportunities for growth and efficiency....
Ooni of Ife, Wife Hold Grand Naming Ceremony for Twin Sons
The Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, and his wife, Olori Mariam, celebrated the arrival of their newborn twin boys with a naming...