Business Archives

Tunde Alade 1 week ago

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S&P Upgrades Nigeria to ‘B’ in First Sovereign Rating Increase Since 2012

S&P Global Ratings has upgraded Nigeria’s long-term foreign and local currency sovereign credit ratings to ‘B’ from ‘B-’, marking the…

Tunde Alade 2 weeks ago

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Poor Coordination Undermining Nigeria’s Gas-to-Power Ambitions — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has said weak coordination among stakeholders in the gas, power and financial sectors is…

Tunde Alade 2 weeks ago

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NADF, NIRSAL Deepen Partnership on Agric Mechanisation, Financing

The National Agricultural Development Fund (NADF) and NIRSAL Plc have moved to expand collaboration on agricultural mechanisation, concessional financing and…

AfDB Ranks First on Global Aid Transparency Index

Tunde Alade 2 weeks ago

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AfDB Approves $61m Financing for Women-Led Businesses in Nigeria

The Board of Directors of the African Development Bank Group has approved a $61 million financing package for the Development…

Tunde Alade 2 weeks ago

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Nigeria Ports Records 19.5% Growth in Vessel Tonnage as Cargo Throughput Hits 32.38m Tons in Q1 2026

Nigeria’s maritime sector sustained strong operational momentum in the first quarter of 2026, with the Nigerian Ports Authority (NPA) recording…

Tunde Alade 3 weeks ago

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Oyedele Meets Indigenous Contractors as FG Reviews Payment Commitments

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Monday met with members of the All-Indigenous…

Tunde Alade April 1, 2026

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CBN Issues AML Baseline Guidance, Sets June 10 Deadline for Industry Compliance Plans

The Central Bank of Nigeria (CBN) has directed banks, mobile money operators, international money transfer operators, and other financial institutions…