Economy, markets, finance, CBN policy, energy, and industry.
PalmPay has been recognized as the Digital Payments Platform of the Year at the prestigious Business Day BAFI Awards 2026, underscoring its pivotal role in advancing digital payments and financial inclusion in Nigeria.
As the IMF and World Bank convene in Bangkok, Nigeria aims to attract investment by showcasing its array of bankable projects in critical sectors. The meetings come at a time of heightened concerns over artificial intelligence, energy supply disruptions, and escalating national debts.
An in-depth investigation reveals discrepancies between TotalEnergies' assertion of ending routine gas flaring in Nigeria and satellite data indicating ongoing flare activity. This raises significant concerns about environmental accountability and corporate transparency in the oil sector.
With over 75 years of experience, Dorman Long Engineering stands as a testament to the evolution of Nigeria's engineering sector. As the nation embarks on a journey towards industrial growth, the company’s legacy provides valuable insights into building local capacity and meeting future demands.
The Nigerian Ports Authority (NPA) has announced plans to address critical rail and logistics deficiencies at inland dry ports. This initiative aims to bolster cargo handling capabilities and advance the transformation of Nigeria's maritime sector.
The ongoing discourse surrounding petrol costs in Nigeria raises critical questions about the sustainability of subsidy policies and their long-term financial implications. As debates intensify, the focus shifts to who ultimately bears the cost of these subsidies amidst economic pressures.
In a significant move to bolster Nigeria's oil and gas sector, the NCDMB and Renaissance Initiative have launched a 12-month training program for 60 participants at Nigeria Machine Tools Limited in Osogbo, Osun State. This initiative aims to cultivate a new generation of skilled professionals equipped with critical technical expertise.
Governor Dapo Abiodun asserts that the strategic development of Ogun East will significantly enhance Nigeria's economic landscape, bolstering maritime trade and industrial capacity. He highlights the region's potential to create jobs and attract investments, thereby strengthening the country's logistics network.
The Securities and Exchange Commission (SEC) has raised alarms regarding investments with the unregistered entity WayvePay, cautioning Nigerians about the risks of fraud and investment loss. This advisory emphasizes the importance of dealing with regulated financial platforms to safeguard investments.
The Nigerian government has welcomed Fitch Ratings' decision to upgrade the country's credit outlook from Stable to Positive, attributing the change to improvements in foreign exchange reserves and economic reforms. This development signals growing confidence in Nigeria's economic recovery amid easing inflationary pressures.
The Global Innovation Index 2026 highlights Africa's most innovative nations, showcasing a surge in technology and entrepreneurship aimed at economic growth. Mauritius leads the continent, followed closely by Morocco and South Africa, as countries adopt diverse strategies to enhance their competitive edge globally.
The OHO Group of Companies emerges as a transformative force in Nigeria's entrepreneurial landscape, uniting three established enterprises under a cohesive vision. With a focus on independent business development, OHO Group aims to foster sustainable wealth creation across diverse industries.
