Archives for BUSINESS - Page 3
FG bonds record 35% oversubscription in April auction
The Federal Government of Nigeria (FGN) bond auction in April 2026 recorded a oversubscription, reflecting strong investor demand, the Debt Management Office (DMO) disclosed Monday. Investors bid billion for bonds…
FG Launches $2bn Digital Economy Research Clusters to Boost Innovations
The Federal Government has launched a $2 billion digital economy research clusters to boost innovations in the academia. Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, stated this…
Fed Govt to digitise fish import licences
The Federal Government has approved the digitisation of fish import licensing process in a move aimed at strengthening regulatory oversight, improving efficiency and supporting the growth of local fish production…
Paga, Leadway Assurance Partner to Safeguard Doroki Merchants with Tailored Insurance Solutions
Leadway logo Paga, the fintech company behind the Doroki merchant platform, has entered into a strategic partnership with Leadway Assurance, one of Nigeria’s foremost insurance providers, to deliver comprehensive insurance…
Sugar tax harmful to manufacturing sector -CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over renewed calls for additional taxes on sugar-sweetened non-alcoholic beverages (SSBs) in Nigeria, warning that…
FG earmarks N1.7tn in 2026 budget for unpaid contractors
*Tinubu The Federal Government has budgeted the sum of in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024. A breakdown of…
NNPC’s $1.42bn, N5.57trn Debt Write-Off and Test of Nigeria’s Fiscal Governance
When the Federal Government approved the write-off of about $ billion and trillion in legacy debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account,…
Arthur Stevens CEO, Olatunde Amolegbe, to Keynote Business Journal Annual Lecture 2025
BY NGOZI ONYEAKUSI Mr. Olatunde Amolegbe, Managing Director/CEO, Arthur Stevens Asset Management Limited will deliver the Keynote Paper at the Business Journal Annual Lecture 2025 scheduled for Tuesday, December 16,…
US tariffs wipe out $600m Nigerian exports
The United States has reduced its purchases of Nigerian goods by about $615m in the first eight months of this year following the introduction of new tariffs by President Donald…
WES 2025: Economist sees Nigeria’s productivity challenge as human tragedy, defining opportunity
BY NGOZI ONYEAKUSI L-R: Dr Abidemi Cornelius Adegboye, Department of Economics, University of Lagos; Mr Adeniran Adebayo, representing Mr. Olanipekun Olukoyede, Executive Chairman, Economic and Financial Crimes Commission (EFCC); and…
