Business

When the children from Booker Roots Club stepped into an Access Bank branch in Abuja recently, for their special field trip, they were stepping into the beginning of a lifelong journey with money. In many homes, money remains a grown-up topic, something children are not expected to understand until much later. But the truth is, financial habits begin to form…

The African Export-Import Bank (Afreximbank) has announced the signing of a $1.35 billion financing facility in favour of Dangote Industries Limited (DIL). This is contained in a statement on the bank’s website on Sunday. According to Afreximbank, the facility is part of a larger $4 billion syndicated financing arrangement for Dangote Industries Limited (DIL), Africa’s largest industrial conglomerate. “Afreximbank acted…

 The Nigeria Inter-Bank Settlement System (NIBSS) data has shown that the number of Nigerian bank account owners linked to Bank Verification Number (BVN) hit 66.2 million at the end of July, 2025. The current data showed significant surge from 64.8 million recorded in January 2025 and 63.5 million as at December 2024. The data showed that 2.7 million new BVN…

Wema Bank Plc on the Nigerian Exchange Limited (NGX) has emerged as the top-performing bank in the latest year-to-date (YTD) performance, recording an impressive return of 141.76 per cent as of July 2025.  This exceptional achievement highlights the bank’s strong market execution, impressive corporate earnings and innovative strategies, which have bolstered investor confidence and propelled its performance ahead of its…

By Kunle Sanni – The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), has provided further details on the Federal Government’s plan to reconstruct and modernize the Murtala Muhammed International Airport (MMIA) in Lagos, following a major approval at last week’s Federal Executive Council (FEC) meeting. In a statement issued to clarify public understanding of the project, the Minister…

….targets over 50, 000 residents, businesses  The Ikeja Electric Distribution Company (IKEDC) has inaugurated a state-of-the-art Kwaru 15MVA injection substation in Abaranje-Ikotun area of Lagos State. In a post on its official facebook page on Saturday, IKEDC said the strategic infrastructure milestone marks a major leap toward improving the quality and reliability of electricity supply across the rapidly growing Ikotun…

Dangote Petroleum Refinery and Petrochemicals has appointed Mr. David Bird as the chief executive officer (CEO) of its petroleum and petrochemicals business. The appointment took effect from July 2025, according to S&P Global, which first reported the development on Friday. According to the report, the chairman of Dangote Industries Limited, Mr. Aliko Dangote will retain his role as chairman of…

In a strategic stakeholder engagement aimed at advancing Civil Registration and Vital Statistics (CRVS) reform, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has reaffirmed the Agency’s commitment to driving digital identity and data integration as critical enablers of national planning and inclusive governance. Engaging with key institutions, including the National Population Commission (NPC), the…

NITDA DG Canvasses CSOs, Govt Synergy To Advance Presidential Priorities, Inclusive Growth  The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has called for a united front between Civil Society Organisations (CSOs) and government in advancing President Bola Ahmed Tinubu’s Renewed Hope Agenda, describing the nation’s current trajectory as one that demands shared responsibility, not blame.…

By Kunle Sanni – The Federal Government has approved a total of ₦156.9 billion for major upgrades at key airports across the country, including Malam Aminu Kano International Airport in Kano, as part of efforts to enhance aviation safety, operational efficiency, and infrastructure nationwide. Minister of Aviation and Aerospace Development, Festus Keyamo, announced the approvals on Thursday while briefing State…