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business News

Tinubu directs EFCC-recovered funds, unclaimed dividends to fund student loans
business

Tinubu directs EFCC-recovered funds, unclaimed dividends to fund student loans

President Bola Tinubu has directed that liquid funds recovered by the Economic and Financial Crimes Commission (EFCC), alongside unclaimed dividends from designated trust funds, be

Aug 19, 20261 min read
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Zenith Bank gets NGX approval for six-week extension on H1 2026 results
business

Zenith Bank gets NGX approval for six-week extension on H1 2026 results

Zenith Bank Plc has received approval from the Nigerian Exchange Limited (NGX) to extend the deadline for publishing its Half-Year Audited Financial Statements for the period ended

Aug 19, 20261 min read
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Canada PR: Ontario excludes fully remote jobs from OINP eligibility
business

Canada PR: Ontario excludes fully remote jobs from OINP eligibility

Foreign professionals hoping to secure Canadian permanent residency through Ontario’s Immigrant Nominee Program (OINP) may face an additional hurdle as the province clarifies that

Aug 19, 20261 min read
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Japan commits N20 billion to boost electricity transmission in Lagos
business

Japan commits N20 billion to boost electricity transmission in Lagos

The Government of Japan, through the Japan International Cooperation Agency (JICA), has committed N20 billion to the expansion and rehabilitation of Nigeria’s national electricity

Aug 19, 20261 min read
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CWG rakes in N15.5 billion from IT infrastructure services in H1 2026
business

CWG rakes in N15.5 billion from IT infrastructure services in H1 2026

CWG Plc generated N15.5 billion from IT Infrastructure Services in the first half of 2026, up 142.4% from N6.4 billion recorded in the corresponding period of 2025. The post CWG ra

Aug 19, 20261 min read
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NAICOM revokes Universal Insurance licence over failure to meet recapitalisation requirement
business

NAICOM revokes Universal Insurance licence over failure to meet recapitalisation requirement

The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc and appointed a receiver/provisional liquidator to take control of the compa

Aug 19, 20261 min read
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Rent inflation surges to 33.8%, putting Nigerian tenants under pressure
business

Rent inflation surges to 33.8%, putting Nigerian tenants under pressure

Nigeria’s rent inflation rose sharply to 33.8% in July 2026 from 14.79% in June, according to data from the National Bureau of Statistics (NBS). The post Rent inflation surges to 3

Aug 19, 20261 min read
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FG borrows N11.9 trillion in two years, says subsidy removal prevented more debt
business

FG borrows N11.9 trillion in two years, says subsidy removal prevented more debt

The Federal Government borrowed N11.9 trillion between June 2023 and December 2025, but says the amount would have been significantly higher without the fiscal space created by its

Aug 19, 20261 min read
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Top 10 most affordable states to live in July 2026
business

Top 10 most affordable states to live in July 2026

Nigeria’s headline inflation rate declined to 15.43% in July 2026, representing a 0.48 percentage-point decrease from the 15.91% recorded in June. The post Top 10 most affordable s

Aug 19, 20261 min read
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LASEPA seals establishments, scrap yards over environmental violations in Lagos
business

LASEPA seals establishments, scrap yards over environmental violations in Lagos

The Lagos State Environmental Protection Agency (LASEPA) has sealed several establishments and scrap yards in Agege and Mushin over persistent violations of environmental regulatio

Aug 19, 20261 min read
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FinTribe launches mobile app to help African women save, learn, build wealth
business

FinTribe launches mobile app to help African women save, learn, build wealth

FinTribe, a Pan-African women-focused wealth platform, has launched its mobile app, bringing savings, investment tools, financial education, and community-driven wealth building in

Aug 19, 20261 min read
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BRB Capital Group marks major milestone as BRB Securities Secures SEC Issuing House Registration
business

BRB Capital Group marks major milestone as BRB Securities Secures SEC Issuing House Registration

BRB Capital Group, the dual-regulated Nigeria–UK investment banking and asset management group, today announced that the Securities and Exchange Commission, Nigeria (“SEC Nigeria”)

Aug 19, 20261 min read
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Naira triumphs against British Pound, settles at N1,819/£1
business

Naira triumphs against British Pound, settles at N1,819/£1

The British Pound's last bargain was at N1,819/£1 against the naira on Tuesday's trade session, up from N1,830/£1 at the start of the week. The post Naira triumphs against British

Aug 19, 20261 min read
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OPay adopts AI, Data Analysis to protect customers against fraud
business

OPay adopts AI, Data Analysis to protect customers against fraud

OPay Strengthens Fraud Detection, Prevention With Over 5,000 blocking rules The post OPay adopts AI, Data Analysis to protect customers against fraud appeared first on Nairametrics

Aug 19, 20261 min read
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FCCPC orders manufacturers, distributors to withdraw improperly labelled goods
business

FCCPC orders manufacturers, distributors to withdraw improperly labelled goods

The Federal Competition and Consumer Protection Commission (FCCPC) has directed manufacturers, importers, distributors and retailers to withdraw from selling consumer goods that do

Aug 19, 20261 min read
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South Africa denies stopping visas for Nigerians over anti-migrant protests
business

South Africa denies stopping visas for Nigerians over anti-migrant protests

The South African Consulate in Lagos has denied reports that it has stopped issuing visas to Nigerians in response to anti-migrant protests in South Africa, insisting that all appl

Aug 19, 20261 min read
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Zenith Bank set to host 10th International Trade Seminar on Unlocking Nigeria’s Non-Oil Export Potential
business

Zenith Bank set to host 10th International Trade Seminar on Unlocking Nigeria’s Non-Oil Export Potential

Zenith Bank Plc will host the 10th edition of its International Trade Seminar on Non-Oil Export on Tuesday, 25 August 2026, bringing together leading policymakers, regulators, expo

Aug 19, 20261 min read
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Top 5 School Management Systems in Nigeria: what schools get for their money
business

Top 5 School Management Systems in Nigeria: what schools get for their money

For many Nigerian private schools, technology is no longer a luxury. It is becoming part of the basic infrastructure required to run a competitive school. The post Top 5 School Man

Aug 19, 20261 min read
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