By Joshua Olomu The Presidential Enabling Business Environment Council (PEBEC) has released the 2025 Subnational Ease of Doing Business (EoDB) Report, with Lagos emerging as the best performing state, scoring 85.6 per cent. The report released by the Director-General of PEBEC, Mrs Zahrah Mustapha-Audu, has Kaduna in second position withContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has announced a nationwide enforcement exercise to end the operations of unregistered Point-of-Sale (PoS) agents across the country. CAC, in a statement signed by its management, directed all operators to regularise their businesses before Jan. 1, 2026. The commission said the directiveContinue Reading
Okeoghene Akubuike The African Export-Import Bank (Afreximbank) says digital transformation is critical to unlocking trade and investment potential under the African Continental Free Trade Area (AfCFTA). Dr Yemi Kale, Group Chief Economist and Managing Director, Research, Afreximbank, stated this at an engagement event on “Unlocking Nigeria’s Trade and Investment PotentialContinue Reading
By Rukayat Moisemhe Corporate governance experts have urged ethical leadership, disciplined structures, and strong crisis preparedness to protect corporate reputation in turbulent periods. They spoke during the Chartered Institute of Directors’ (CIoD) induction ceremony on Thursday in Lagos. The event, which inducted 334 new members and 10 upgrades, had theContinue Reading
By Taiye Olayemi The Nigerian stock market closed bullish on Thursday, leading to N97 billion gains for investors. This marked the third consecutive positive rally in the week. The positive performance was driven by sustained investors’ interest in stocks like UACN, Morison, Ecobank Transnational Incorporated, WAPIC, AXA Mansard and 18Continue Reading
By Grace Alegba The Association of Professional Women Bankers (APWB) has urged Nigerian youths to uphold financial integrity in their careers and businesses to sustain cultural values. APWB Chairperson, Mrs Rafiat Onitiri, gave the advice during an interview with the News Agency of Nigeria (NAN). She spoke on the sidelinesContinue Reading
By Muhyideen Jimoh The Federal Executive Council (FEC) on Wednesday approved the 2026–2028 Medium-Term Expenditure Framework (MTEF), outlining revenue projections, fiscal assumptions and spending priorities for the next three years. The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, briefed State House Correspondents after the meeting presided over byContinue Reading
Okeoghene Akubuike The World Bank says developing countries paid 741billion dollars more in principal and interest on their external debt than they received in new financing between 2022 and 2024. A statement issued by the World Bank Online Media Briefing Centre on the latest International Debt Report on Wednesday, saidContinue Reading
By Okeoghene Akubuike Director-General(D-G),Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, has restated the Federal Government’s commitment to eliminating procurement fraud and strengthening transparency across Ministries, Departments and Agencies (MDAs). Adedokun said this in a statement issued by Zira Nagga, BPP’s Head of Press and Public Relations in Abuja onContinue Reading
By Vivian Ihechu Prof. Pius Olanrewaju, President and Chairman of the Council of the Chartered Institute of Bankers of Nigeria (CIBN), says one of Africa’s most pressing economic challenges is cross-border payment settlements. According to him, this leads to Africa losing an estimated $5Continue Reading
