Business

In a move to deepen digital inclusion in Enugu State, the National Information Technology Development Agency (NITDA) empowered 50 young innovators with digital tools and commended Governor Peter Mbah for supporting the establishment of its South-East Zonal Office. Delivering a goodwill message, NITDA Director-General Kashifu Inuwa, represented by Dr. Aristotle Onumo, said the Governor’s backing was instrumental to the successful…

…. urges team to approach task with dedication, professionalism The Director-General of Civil Aviation (DGCA), Capt. Chris Najomo, on Wednesday inaugurated the National Aviation Security Risk Management Team (NASRMT) to demonstrate Nigeria’s firm commitment to adopting a risk-based oversight system. Speaking at the formal inauguration ceremony held at the Authority’s Corporate Headquarters in Abuja, Capt. Najomo stated that the NASRMT…

The fire outbreak which occurred on Monday at Terminal 1 of the Murtala Muhammed International Airport reportedly destroyed critical equipment belonging to the Nigerian Airspace Management Authority, leading to significant disruption of air traffic operations in Lagos. The Managing Director of NAMA, Umar Farouk, disclosed this on Wednesday after inspecting the damaged facilities. He said the blaze completely knocked out…

The Dangote Petroleum Refinery has agreed an offtake agreement with 12 major and independent oil marketers to distribute between 60 and 65 million litres of petrol daily across the country. The move, which is a landmark agreement in the downstream sector of the oil industry, is expected to stabilise supply and deepen Nigeria’s fuel self-sufficiency. This arrangement was disclosed in…

The Lagos State Internal Revenue Service (LIRS) has advised all individual taxpayers in Lagos State to file their annual tax returns for the 2026 year of assessment on or before March 31st, 2026. The statutory filing requirement applies to all taxable persons, including self-employed individuals, business owners, professionals, persons in the informal sector, and employees under the Pay-As-You-Earn (PAYE) scheme.…

Union Bank of Nigeria has issued a statement reaffirming its steadfast position in the course of ongoing regulatory engagements in response to recent media queries at the Central Bank of Nigeria’s (CBN) 304th Monetary Policy Committee (MPC) press briefing. The bank’s affirmation comes in the wake of Governor Olayemi Cardoso’s clarification on the regulatory framework governing institutions under intervention while…

The Central Bank of Nigeria (CBN) has confirmed that 20 banks have successfully met the new minimum capital requirement ahead of the March 31 deadline, raising a combined total of N4.05 trillion. CBN Governor, Dr. Olayemi Cardoso disclosed this at the end of the 304th Monetary Policy Committee (MPC) meeting held in Abuja on Tuesday.  According to him, 33 banks…

In a landmark demonstration of its steadfast commitment to advancing Nigeria’s debt capital markets, promoting sustainable finance, and enabling transformative economic development, FMDQ Securities Exchange Limited ( has approved the listing of Lagos State Government of Nigeria’s N14.82 billion 5-Year 16.00% Series 3 Fixed Rate Green Bond and N230.00 billion 10-Year 16.25% Series 4 Fixed Rate Bond under its N1.00…

The Alternative Bank (AltBank) has continued its national expansion drive with the official launch of a new branch in Ondo State, reinforcing its commitment to deepening ethical finance and driving inclusive economic growth across Nigeria.  With Ondo State’s economy anchored largely on agriculture, particularly cocoa production, poultry farming, and other cash crops, alongside a growing SME and trade ecosystem, AltBank…

In continued demonstration of its unwavering commitment to strengthening the Nigerian debt capital markets and advancing financial inclusion, FMDQ Securities Exchange Limited has approved the quotation of Accion Microfinance Bank Limited’s N2.02 billion Series 1 Commercial Paper (“CP”) under its N5.00 billion Commercial Paper Programme.  This approval by the Exchange’s Board Listings and Markets Committee provides Accion Microfinance Bank with…