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The Federal Government has clarified that former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and former Minister of Housing and Urban Development, Ahmed Musa Dangiwa, were not sacked but voluntarily resigned from their positions. This clarification…
Read moreOxygen X a Finance company providing consumer credit for everyday Nigerians– will serve as both sponsor and thought‑leadership contributor at the BusinessDay Fintech Summit reinforcing its commitment to advancing collaboration, innovation, and responsible credit within Africa’s fintech ecosystem. At the summit’s featured…
Read moreBAS Finance, Nigeria’s emerging financial technology platform and a member of the BAS Group ecosystem, announced a landmark achievement of ₦20 billion+ in loan disbursements to SMEs. This exceptional milestone reinforces the company’s position as a transformative force in closing…
Read moreThe Federal High Court in Abuja on Wednesday remanded alleged coup plotters in a terrorism and treason case linking former Minister of State for Petroleum Resources, Timipre Sylva. Justice Joyce Abdulmalik, in a ruling, remanded the suspects while ordering an accelerated hearing of…
Read moreThe Nigerian equities market reached a fresh high of 219,586.2 points on April 22, 2026, advancing by 1,336.4 points as gains in Transcorp Hotels and large-cap banking stocks drove momentum. Tracked by the All-Share Index, the market rose by 0.61% from…
Read moreReal Madrid is once again the most valuable football club in the world, according to new rankings by Sportico. The club is valued at $7.7 billion, ahead of FC Barcelona at $6.65 billion. Manchester United follows at $6.47 billion, with…
Read moreNigeria’s domestic solar panel manufacturing capacity has increased to 300 megawatts (MW), up from 120MW two years ago, with a 3.7 gigawatts (GW) project pipeline in development. This was disclosed by the Managing Director of the Rural Electrification Agency (REA),…
Read moreThe Federation Account Allocation Committee (FAAC) has shared N2.036 trillion among the Federal Government, states and local government councils for March 2026. The revenue was distributed at the April FAAC meeting held in Abuja. The allocation reflects monthly earnings from statutory sources,…
Read moreThe Federal Government, through the Debt Management Office (DMO), plans to raise N700 billion from the domestic debt market in April 2026, maintaining an aggressive borrowing stance as yields on long-term instruments remain elevated. Details from the April 2026 FGN Bond…
Read moreNigeria’s total debt service rose to about N16 trillion in 2025, driven by higher domestic interest payments and sustained external obligations. This is according to an analysis of data from the Debt Management Office (DMO). The figure represents an increase…
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