Economy
Nigeria Courts Spanish Investment to Boost its Blue Economy
In a bid to boost the nation's blue economy, Nigeria is actively seeking Spanish investment at the CONXEMAR 2026 event.
Business
Finance
Consolidated Hallmark and CHI Life Assurance Push for Deeper Broker Collaborations in Nigeria’s Insurance Sector
The two insurance companies aim to deepen their partnership with brokers to boost the growth of the industry in Nigeria.
Port Harcourt Refinery Workers Threaten Shutdown Over Seven Months of Unpaid Salaries
Workers at the Port Harcourt Refining Company have threatened a total shutdown due to seven months of unpaid salaries and non-implementation of a new pay structure.
NSITF Warns Against Fake Recruitment Scams
The Nigeria Social Insurance Trust Fund (NSITF) has warned Nigerians about the spread of fraudulent employment ads and forged appointment letters used by scammers to deceive job seekers.
Finance
CBN Governor and Finance Leaders Headline CRMI’s 25th Anniversary Conference in Lagos
The Centre for Risk Management and Investment (CRMI) marks its 25th anniversary with a conference in Lagos, attracting key figures from the financial sector.
Untapped Manufacturing Opportunities in Nigeria Valued at Over ₦40 trillion
A new report has revealed that Nigeria has over ₦40 trillion in untapped manufacturing opportunities, with imports meeting 64% of local demand for manufactured goods.
NNPC Allocates N473.8bn for Major Gas Projects as Loans to Units Reach N939bn
The Nigerian National Petroleum Company Limited (NNPC) has earmarked N473.8 billion for major gas infrastructure projects, according to THISDAYLIVE.
Economy
Electricity Discos Generate N603bn Revenue in Q2 amid Subsidy Debt Over N321bn for Federal Government
The 11 electricity distribution companies (Discos) generated a total revenue of N603.64 billion in Q2, while the federal government incurred over N321bn subsidy debt.
Electricity Discos’ Q2 Revenue Surges to N603bn Amidst FG’s Subsidy Debt Over N321bn
The 11 electricity Discos in Nigeria recorded a combined revenue of N603.64 billion in Q2 2026, as the federal government faces over N321 billion in subsidy debt.
Nigeria Ascends Four Spots in Africa Investment Rankings
President Bola Tinubu's economic reforms have boosted Nigeria's standing in the continent's investment landscape.
Personal Loans Reach Record High of N2.06trn Amid Rising Costs in Nigeria
New data shows personal loans obtained by Nigerians reached a record high of N2.06 trillion in May 2026, accounting for nearly two-thirds of total consumer credit.
Amaanah Debuts in Nigeria to Address Financing Challenges Through Ethical Finance
A new financial institution, Amaanah, is set to enter the Nigerian market, targeting the country's financing gap with ethical finance solutions.
Economy
Investing in Women Key to Nigeria’s Economic Growth – World Bank
According to Business News Nigeria, the World Bank has emphasized the importance of investing in women for Nigeria's economic growth.
APM Terminals Pushes for Accelerated Green Maritime Infrastructure Development
APM Terminals Nigeria has called for accelerated action on green maritime infrastructure, emphasizing the need for collaboration among various stakeholders.
Economy
Nigerian Ports Authority’s Export Reforms Aimed at Enhancing Foreign Exchange Inflow
The Nigerian Ports Authority (NPA) is working to eliminate bottlenecks hindering non-oil exports, with the aim of boosting foreign exchange inflows.