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The Federal High Court in Abuja on Thursday ordered the Attorney-General of the Federation (AGF), the Inspector-General of Police (IGP), and the Nigeria Police Force to permit Adeniyi Adeyemi, who is linked to the alleged fake Presidential Foreign Intervention Promotion…
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The Central Bank of Nigeria (CBN) allotted N865.71 billion at its Wednesday, September 2, 2026, Treasury Bills primary market auction, cutting the stop rate on the one-year bill to 16.84%, its lowest level since the June 3 auction, and the…
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Uber’s decision to exit Nigeria adds another prominent multinational to the growing list of foreign businesses that have either left the country, sold their local operations or significantly changed their business models since 2023. The post Uber exit exposes the…
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PalmPay has launched ‘PalmPay Dey For You’, a customer-focused campaign reinforcing its commitment to secure, reliable, and accessible banking for millions of Nigerians. As conversations around the safety, stability, and reliability of financial institutions receive increased attention, PalmPay is reassuring…
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Global ride-hailing company Uber has announced plans to wind down its operations in Nigeria and Uganda, effective Wednesday, September 2, 2026. The post BREAKING: Uber shuts down operations in Nigeria, Uganda appeared first on Nairametrics.
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Pivot Integrated Energy Services Limited (“Pivot”), a leading indigenous integrated downstream energy company, has successfully completed its maiden ₦100 billion Series 1 Commercial Paper (“CP”) issuance under its ₦300 billion Commercial Paper Programme. The landmark issuance was oversubscribed at ₦100.08…
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PanAfrican Capital Foundation (PAC Foundation), the Corporate Social Responsibility arm of PanAfrican Capital Holdings, has successfully concluded the second edition of its Raising Young Entrepreneurs (RYE) Boot Camp, an initiative designed to equip young aspiring and early-stage entrepreneurs with the…
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The African Union (AU) has announced that the African Credit Rating Agency (AfCRA) will be officially launched on October 7, 2026. The post AU to launch African Credit Rating Agency on October 7 appeared first on Nairametrics.
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The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market.…
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Debt now accounts for a record 41% of all capital raised by African tech startups, up from just 17% in 2019, according to Partech Africa’s annual venture capital report. The post Why Nigerian startups are turning to debt over equity…
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