Economy
BOI Boosts Employment with Over 1.68 Million Jobs
The Bank of Industry (BOI) reports a significant rise in lending, supporting over 1.68 million jobs in Nigeria.
Business
Finance
Cardoso Pursues Stronger Banking and Payment Ties with China
The Central Bank of Nigeria (CBN) is working to establish more efficient cross-border payment systems, strengthen banking relationships, and expand Nigerian banking presence in China.
Economy
Economic Roundup: Key Business and Financial Headlines – Nigeria in 1 Minute – 231026
Catch up on the latest economic, business, and financial market headlines in Nigeria as reported by Proshare on October 23, 2026.
Nigeria and China Pursue Enhanced Cross-Border Payments: CBN Engages Businesses
The Central Bank of Nigeria (CBN) is exploring ways to strengthen financial links with China, as both nations aim for improved cross-border payments.
Deepening Collaboration: UK Partners with Nigeria on AI Governance and Digital Transformation
The UK and Nigerian governments have strengthened their collaboration on Artificial Intelligence (AI) governance, standards, and digital transformation.
Tinubu Champions Local Engineers for Gas Pipeline Capacity Development
President Bola Tinubu has expressed his commitment to empowering local engineering firms to play a significant role in major energy projects, particularly unlocking Nigeria's gas resources.
Nigeria-China Financial Corridor: Cardoso Engages Business Leaders for Strengthening Ties
President Cardoso is leading efforts to deepen Nigeria's financial ties with China, convening a high-level business roundtable in China.
SROL Emphasizes Responsible Mining at Nigeria Mining Week 2026
Segilola Resources Operating Limited (SROL), a subsidiary of Thor Explorations Ltd, reaffirmed its commitment to responsible mining at Nigeria Mining Week 2026.
CBN Takes Steps to Simplify Payments between Nigeria and China
The Central Bank of Nigeria (CBN) has initiated steps to ease cross-border payment challenges and boost financial flows between Nigeria and China.
Nigeria Advocates for Collaborative Artificial Intelligence Infrastructure Across Africa
Nigeria has urged African nations to collaborate on shared artificial intelligence computing infrastructure, addressing electricity and connectivity challenges.
MTN Nigeria Introduces Y’ello Y’Fi to Monitor Customer Behaviour for SMEs
MTN Nigeria has launched Y’ello Y’Fi, a service designed to assist Small and Medium Enterprises (SMEs) in tracking customer behaviour.
Entrepreneurship
DBN Launches DAWN to Boost Nigerian Women-Owned Businesses
The Development Bank of Nigeria (DBN) has launched the DAWN initiative to support the growth of women-led businesses in Nigeria.
Dangote Acquires 25% Stake in Kenya’s Oil Pipeline Network
Nigeria's Dangote Industries Limited has acquired a 25% stake in Kenya's oil pipeline network, marking a significant expansion of its African presence.
Entrepreneurship
Nigeria Must Build Own Machines for Economic Growth – Engineers
Engineers in Nigeria have called for the country to invest in indigenous technology and build its own machines to accelerate growth.
Economy
Petrol Landing Cost Drops to N1,283.81 per Litre
The landing cost of imported Premium Motor Spirit, also known as petrol, has decreased slightly to N1,283.81 per litre, according to the Major Energies Marketers Association of Nigeria…