Browsing Category
Business & Economy
4695 posts
Tinubu Reshuffles Cabinet, Names Oyedele Finance Minister
President Bola Ahmed Tinubu has approved a minor cabinet reshuffle affecting key positions in the Federal Executive Council (FEC), with changes aimed at strengthening governance and improving economic delivery.
Adron Homes Dominates Ibadan Cultural Festival, Reinforces Market Leadership
Adron Homes and Properties Limited delivered a standout performance at the grand finale of the 2026 Ibadan Cultural Festival, asserting its position as a powerhouse in Nigeria’s real estate sector. At the iconic Lekan Salami Stadium, the company moved beyond sponsorship, strategically shaping the narrative and turning the cultural showcase into a bold display of brand influence, innovation, and industry leadership.
Banks Wake Up to Nigeria’s Real Economy as Union Bank Leads Inclusion Push
For decades, Nigeria’s banking system has efficiently served a familiar segment of the economy—salaried workers, corporate institutions, and customers with predictable income, formal documentation, and traditional collateral. This structure, rooted in legacy credit models, has worked well for those who fit neatly into it.
FirstBank, Ekiti Govt Partner to Launch Innovation Enterprise Support Fund
FirstBank has partnered with the Ekiti State Government to launch the Innovation Enterprise Support Fund, an initiative aimed at empowering startups, scaling tech-enabled businesses and driving innovation-led economic growth across the state.
Fidelity Bank Extends “Give Her Power” Initiative to Ogun State, Empowers 100 Women with Vocational Tools
In a bold demonstration of its commitment to inclusive growth and sustainable development, leading financial institution, Fidelity Bank Plc has extended its recently launched “Give Her Power” initiative to Ogun State, empowering 100 women with vocational tools designed to strengthen their economic independence and boost household income.
Lagos targets economic growth with new industrial plan
The Lagos State Government has unveiled plans to launch a new industrial policy aimed at accelerating economic growth and positioning the state as a major driver of Nigeria’s ambition for a $1 trillion economy.
IMF Cuts Nigeria’s 2026 Growth Outlook To 4.1% Over Mideast War
The International Monetary Fund (IMF) has downgraded Nigeria’s 2026 growth forecast to 4.1 per cent as the economic fallout from the Middle East war continues.
Fidelity Bank Leads Recapitalisation Race, Surpasses N500bn Threshold
As the Central Bank of Nigeria (CBN)’s banking sector recapitalisation exercise closed on March 31, 2026, most Nigerian banks met the new requirements ahead of schedule. However, Fidelity Bank stood out with a swift and strategic approach that underscored strong investor confidence and institutional backing.
Nigeria’s Economy In Shock – Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s economy is in shock, as global countries swim in the fallouts of ongoing crisis in the Middle East.
Bayelsa: Tinubu moves to ease economic strain, vows better life for Nigerians amid global tensions
President Bola Ahmed Tinubu has directed key economic officials to urgently develop measures to cushion the impact of global shocks on Nigerians, particularly the ripple effects of the ongoing Middle East tensions.