Business & Economy

By Martha Agas Experts have renewed calls for Nigeria to develop local Artificial Intelligence tools to strengthen data privacy and protect African digital resources from external misuse. The call was made during the AI Summit organised by the Centre for Journalism, Innovation

MPC expresses satisfaction with banking system stability amid recapitalisation drive The Central Bank of Nigeria (CBN), has confirmed that 16 banks have fully met the revised regulatory capital requirements, marking a significant milestone in the country’s ongoing banking sector recapitalisation programme. Olayemi

The National Bureau of Statistics (NBS) said the aggregate Value Added Tax (VAT) stood at N2.06 trillion in Q2 2025. This is according to the VAT Q2 2025  Report released in Abuja on Tuesday. The report shows a decrease of 0.03  per

The Bureau of Public Procurement (BPP)  and ICAN  have called for a robust partnership to enhance professionalism and bridge the gaps in the nation’s public procurement system. This is contained in a statement issued by BPP’s Head, Press and Public Relations, Zira

BY BLAISE UDUNZE Obviously, one would say that the macroeconomic indicators are finally pointing in the right direction, yet, daily realities for households and businesses tell a very different story because Nigeria stands at a delicate intersection. No doubt on paper, inflation

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion for its financial performance for 2024. This signifies a 63.6 per cent increase from N3.3 trillion PAT recorded

The Nigerian Maritime Administration and Safety Agency (NIMASA) has released a pioneering Public Private Partnership (PPP) model for maritime decarbonization with the launch of the Nigerian Maritime Continuous Emissions Monitoring System at the 2025 UNFCCC COP 30 in Belém, Brazil. The Agency

United Bank for Africa (UBA) Plc, Africa’s Global Bank, hosted a high-level panel session as part of activities to mark its annual Fraud Awareness Week with the theme: “Combating Fraud Risk and Cyber Theft in Digital Banking.” The hybrid session, which was

As Nigeria intensifies efforts to expand its revenue base and improve economic stability, understanding how to pay taxes correctly has become more important than ever. Many businesses still struggle with the process due to limited awareness or outdated information, yet the modern

Zenith Bank Plc has empowered African innovators with N140 million cash prize at the conclusion of its tech fair. The bank said a total cash prize of N140 million has been awarded to the African innovators to scale their transformative solutions after