Archives for August 3, 2026
NNPC posts N2.27tn half-year profit amid oil price rally
The Nigerian National Petroleum Company Limited recorded a cumulative profit after tax in the first six months of 2026, with higher international crude oil prices triggered by geopolitical tensions in…
NUPRC defends 2025 oil block awards
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has pushed back against criticism of the 2025 oil and gas licensing round. The Commission argued that reports that portrayed the award of…
Mobile market rebounds to highest level since 2024 – NCC
NCC EVC , Maida Nigeria’s mobile telecommunications market has recovered to its strongest level in more than two years, with total active subscriptions across the country’s four major operators rising…
HillCrest Agro-Allied Industries Quotes ₦11.73 Billion Commercial Paper on FMDQ
BY NGOZI ONYEAKUSI FMDQ Securities Exchange Limited has approved the quotations of HillCrest Agro-Allied Industries Limited’s ₦ billion Series 1 and ₦ billion Series 2 Commercial Paper under its ₦…
NPCA Names Maiden Nominees for Nigeria Prize for Creative Arts
BY NGOZI ONYEAKUSI From 98 submissions, 11 documentary entries have advanced in the inaugural edition of the US$20,000 Prize. Sponsored by NLNG, the newly introduced Prize is open to Nigerian…
CBN Lists Five Strategies to Drive Next Stage of Fintech Growth in Nigeria
BY NGOZI ONYEAKUSI L-R: Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe, COO, Nuvu Africa; Prince Cookey, Publisher/Editor-in-Chief, Business Journal; Mr. Jide Orimolade, President/Chairman of Council, CIIN; Dr. Chinyere Almona,…
Experts Seek Smarter Regulation, Stronger Collaboration, Trust to Position Nigeria as Africa’s Fintech Hub
BY NGOZI ONYEAKUSI L-R: Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe, COO, Nuvu Africa; Prince Cookey, Publisher/Editor-in-Chief, Business Journal; Mr. Jide Orimolade, President/Chairman of Council, CIIN; Dr. Chinyere Almona,…
NAICOM Announces Successful Completion Of Insurance Industry Recapitalisation As 43 Firms Scale Hurdle
BY NGOZI ONYEAKUSI CFI, NAICOM, Olusegun Omosehin The National Insurance Commission, has announced the successful completion of the twelve-month insurance sector recapitalization exercise undertaken pursuant to Section 15 and other…
