BUSINESS
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POS Operators Revolt Against CBN’s One-Terminal Rule Over Business Fears
*LAGOS* — Tension is brewing in Nigeria’s fast-growing POS business as operators push back against a new regulation from the…
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89 Nigerian Banks Face Final Shutdown as NDIC Moves In To Dissolve Defunct Institutions
ABUJA — The Nigeria Deposit Insurance Corporation has confirmed that *NDIC shuts down Nigerian banks* this week as it begins…
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Air Travel Chaos Looms As Nigerian Airlines Threaten Shutdown Over Jet Fuel Crisis
LAGOS— Nigeria’s aviation industry could face major disruption from April 20, 2026, as domestic airlines threaten to ground all aircraft…
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Nigeria, Morocco Move to Seal $25bn Mega Gas Pipeline Across West Africa
ABUJA— Nigeria is preparing to sign a $25 billion intergovernmental agreement with Morocco for a massive transcontinental gas pipeline project…
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Ecobank Posts Massive ₦1.21 Trillion Profit as Deposits Surge to ₦36.4 Trillion.
Pan-African banking giant, Ecobank Transnational Incorporated, has posted a remarkable financial performance, reporting a pretax profit of ₦1.21 trillion for…
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Fintiri Backs Education, Youth Skills to Fight Insecurity
Governor Ahmadu Umaru Fintiri pledged additional funds for education and youth skills development on Monday. He said the move will…
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Lagos Ends Paper Permits, Moves Planning Approvals Fully Online
Lagos State ended manual planning permits on April 1. All property owners must now use the digital EPPPS platform. What…
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Lafarge Convicted in France for Funding ISIS During Syrian War.
A major French cement company has been found guilty of secretly paying millions of dollars to extremist groups, including ISIS,…
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Banks Cash In Big: Zenith & GTCO Rake in ₦283bn From Digital & Account Fees.
Nigeria’s banking giants, Zenith Bank and GTCO, quietly pulled in a massive ₦283.7 billion in 2025, driven largely by account…
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Power Boost! Nigeria’s Electricity Output Climbs Past 4,300MW
There may finally be a small ray of hope for Nigerians battling erratic power supply, as the Federal Government says…
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