Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reinforced its position as one of the continent’s leading financial institutions after emerging as Nigeria’s Best Bank for Retail and Sustainability Leadership (ESG) at the prestigious 2026 Euromoney Awards for Excellence.  The awards, presented on Thursday, July 17, 2026, at The Peninsula London in the United […]

…Unveils digital complaint portal, call centre By Emeka Anaeto, Business Editor As the Federal Government pushes ahead with its comprehensive fiscal realignments, a critical missing link in the nation’s tax ecosystem has finally been plugged with the formal operationalisation of the Office of the Tax Ombud. The move is designed to safeguard corporate and individual taxpayers […]

By Cynthia Alo Access Bank Plc has launched a new artificial intelligence (AI)-powered application, Access SME App, designed to help Small and Medium-sized Enterprises (SMEs) manage their daily business operations from a single application. The app was formally unveiled during the bank’s maiden SME conference held over the weekend in Lagos themed, “AI for SMEs: Scaling […]

By Obas Esiedesa The Rural Electrification Agency (REA) has unveiled plans to establish 3.7 gigawatts (GW) of local solar photovoltaic (PV) panel manufacturing capacity by the end of 2027 as Nigeria intensifies efforts to expand electricity access and reduce dependence on imported renewable energy equipment. Managing Director of the agency, Engr. Abba Aliyu, disclosed the initiative […]

By Peter Egwuatu  The Nigerian stock market maintained a bullish run Week-on-Week, WoW, on renewed demand for large-capitalised stocks pushing the benchmark Nigerian Exchange Limited, NGX All-Share Index (ASI)  to 247,357.40 points. The positive reading reflected the stronger investor appetite for selected blue-chip and fundamentally strong stocks, with gains concentrated across the banking, consumer goods and […]

Many traders and artisans also expressed ignorance of the scheme or how it works, even as the National Pension Commission, PenCom, pledged to expand awareness

By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]

By Obas Esiedesa Engineers under the Institute of Appraisers and Cost Engineers (IACE) have called for stronger application of engineering valuation, cost engineering and engineering economy principles to address cost overruns, waste and inefficiencies in project execution in Nigeria. The call was made at the 2026 National Technical Conference of the IACE, held in Abuja, with […]

By Udeme Akpan, Energy Editor Nigeria may be heading for another round of inflationary pressure as crude oil prices climb above $100 per barrel following the escalating conflict between the United States and Iran, raising fears of higher petrol prices, increased transport fares and cost of living. However, the Federal Government stands to earn significant unbudgeted […]

•As depots, filling stations adjust prices By Udeme Akpan, Energy Editor Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS), also known as petrol, in naira after a week suspension, ending uncertainty in the downstream sector over its temporary shift to dollar-denominated sales. Checks by Vanguard showed that the refinery has fixed […]