Business & Economy - Page 10

Nigeria and the United Kingdom have taken a major step toward improving trade transparency, agreeing to establish a structured data-sharing framework to address a £1.2 billion discrepancy in bilateral trade figures. The breakthrough was reached during a high-level meeting in London on

The rain-soaked cityscape of Manchester offered a fitting backdrop for what many observers described as a defining moment in Nigeria’s financial evolution. Beneath the polished glass façade of a newly unveiled banking office, President Bola Ahmed Tinubu stood before an audience of

President Bola Tinubu has reaffirmed Nigeria’s commitment to strengthening bilateral relations with the United Kingdom, with emphasis on security cooperation, economic growth, and shared democratic values between both nations. Tinubu stated this on Wednesday night at a State Banquet hosted in his

Guinea Insurance Plc has signed agreements for its N5.8 billion Rights Issue to strengthen its capital base and reposition for growth. The company said the move marked a key step in its strategy to expand operations, enhance innovation and improve shareholder returns.

NLNG’s economic empowerment initiative, the Vocational Innovation Business and Empowerment Scheme (VIBES), has inducted a new cohort of 103 trainees into its 2026 empowerment programme. The induction ceremony, held in Port Harcourt on Monday, marked a significant milestone in the scheme’s ongoing

The Nigerian Upstream Petroleum Regulatory Commission has advanced the country’s 2025 oil and gas licensing round to a decisive phase, announcing the completion of the pre-qualification process and the notification of successful applicants. The development marks a significant transition from the initial

The Office of the United States Trade Representative (USTR) officially launched a formal investigation into Nigeria and 59 other economies. This move is part of a broader “labour rights crackdown” by the U.S. government under Section 301 of the Trade Act of

Nigeria is making a decisive move to reclaim its leadership role on the continent. As of March 2026, the “Africa-First” strategy has evolved into a centerpiece of President Bola Tinubu’s foreign policy, specifically aimed at integrating Nigeria more deeply with the Global

State governments across Nigeria and the Federal Capital Territory (FCT) are expected to receive a fresh financial boost following a recommendation by the Federation Account Allocation Committee (FAAC) to distribute ₦92.8 billion in withholding taxes collected on their behalf. The recommendation emerged

The FinTech Association of Nigeria says recent regulatory measures by the Central Bank of Nigeria (CBN) will strengthen banking security, curb fraud and boost trust. Adesanya spoke on the sidelines of an induction and award ceremony organised by the Chartered Institute of