Business

Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu

Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu

By Yinka Kolawole  President Bola Tinubu has declared that Nigeria will no longer be content with exporting raw materials and importing finished products, saying the country is determined to become Africa’s industrial workshop. Tinubu, who was represented by the Minister of State for Industry, Sen.John Enoh, spoke at the 6th Adeola Odutola lecture and Presidential […]
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RockPay launches in Nigeria to redefine digital payments through social finance

RockPay launches in Nigeria to redefine digital payments through social finance

By Babajide Komolafe RockPay, a Nigerian financial technology platform, has officially launched, introducing a new approach to digital finance that combines secure payments, business growth tools, and community-driven fundraising in one seamless platform. Designed for individuals, businesses, and communities, RockPay goes beyond traditional payment solutions by integrating peer-to-peer transfers, payment requests, QR code payments, payment […]

Guinness declares N265bn revenue, PAT up 53% to N25.3bn

Guinness declares N265bn revenue, PAT up 53% to N25.3bn

By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]

NIWA partners Parts Central to end indiscriminate dumping on waterways

NIWA partners Parts Central to end indiscriminate dumping on waterways

By Providence Ayanfeoluwa The National Inland Waterways Authority (NIWA), in collaboration with Parts Central Limited, has unveiled an environmental initiative to tackle indiscriminate dumping and pollution on Nigeria’s inland waterways. The programme is designed to identify sources of pollution, deploy structured waste-removal and recycling systems, improve navigability, conserve aquatic biodiversity and create jobs for riverine […]

New regulatory environment kicks off at ports

New regulatory environment kicks off at ports

The Nigeria Ports Economic Regulatory Agency (NPERA) has formally commenced operations, ushering in a new era designed to make Nigeria’s ports more transparent, competitive, predictable and efficient. The commencement follows President Bola Ahmed Tinubu’s assent to the Nigeria Ports Economic Regulatory Agency Bill, 2026, which established NPERA as the statutory authority responsible for the economic […]

NAICOM issues licences to seven additional verified companies

NAICOM issues licences to seven additional verified companies

By Rosemary Iwunze The National Insurance Commission, NAICOM, yesterday, issued new licences to the seven additional insurance companies that have been confirmed and verified as compliant with the new minimum capital requirement under the Nigerian Insurance Industry Reform Agenda (NIIRA 2025). According to NAICOM, the development marks another significant milestone in strengthening confidence, enhancing financial […]