Business Archives - Page 10 of 58

IMF Warns Gulf War May Trigger Food Insecurity Surge In Africa

NewsDeskNgApr 25, 2026April 25, 20260

IMF warns conflict, drought, and aid cuts are worsening hunger risks across Nigeria and vulnerable African economies. The International Monetary Fund (IMF) has warned that food insecurity could worsen sharply across Nigeria and other African countries in the wake of economic disruptions triggered by the Gulf War, casting a shadow...

CRMI Backs CBN’s New Digital Banking Safeguards, Welcomes Overnight Rate Reform

NewsDeskNgApr 25, 2026April 25, 20260

The Chartered Risk Management Institute of Nigeria has commended the Central Bank of Nigeria for introducing enhanced regulatory measures aimed at strengthening the security of Nigeria’s digital financial ecosystem. In a statement, the Institute described the new framework as a timely and proactive response to rising risks such as fraud,...

Nigerian Stock Market Surges N16.13 Trillion As Reforms Boost Investor Confidence

NewsDeskNgApr 25, 2026April 25, 20260

NGX records strong rally as investor confidence rises, driven by reforms, earnings growth, and FTSE reclassification gains. The stock market segment of the Nigerian Exchange Limited (NGX) has continued to shrug off mounting geopolitical tensions, delivering a stunning N16.13 trillion appreciation since the beginning of this month amid impressive 2025...

Lagos TUC Accuses National Leadership Of Undermining Democracy, Imposing Leaders

NewsDeskNgApr 25, 2026April 25, 20260

Union crisis deepens as Lagos TUC council insists elected executives are legitimate while rejecting parallel leadership structure. The Lagos State Council of the Trade Union Congress of Nigeria (TUC) has accused the national leadership of attempting to subvert internal democracy by attempting to impose leadership, warning that the ongoing leadership...

Weyinmi Aghadiuno: Flexibility And Opportunity Keep People In The Gig Economy

NewsDeskNgApr 24, 2026April 24, 20260

Bolt executive says flexible work structure and income opportunities sustain Nigeria’s growing gig workforce. Bolt’s Head of Regulation and Public Policy for Africa, Weyinmi Aghadiuno, has said that flexibility and opportunity are the major factors keeping Nigerians actively engaged in the gig economy, despite ongoing economic challenges. Speaking in an...

Nigeria, UK To Deepen Economic Relations, Says Tinubu As British Airways Marks 90 Years

NewsDeskNgApr 23, 2026April 23, 20260

Tinubu reaffirms commitment to stronger Nigeria-UK economic relations as British Airways marks 90 years of operations. President Bola Tinubu has reaffirmed Nigeria’s commitment to deepening economic relations with the United Kingdom, particularly in the aviation sector and other mutually beneficial areas. The President gave the assurance on Wednesday when he...

Love of Country, Big Opportunity: Jack-Rich, Roger Stone Talk Nigeria-U.S. Trade

NewsDeskNgApr 23, 2026April 23, 20260

Belemaoil Group President Tein Jack-Rich joined Roger Stone, longtime strategist and one of President Donald Trump’s closest allies, for talks at Mar-a-Lago this week, with both men emphasizing trade expansion between the United States and Nigeria. Jack-Rich described the trip as “an absolutely wonderful flight from D.C. to Mar-a-Lago with...

UK–Nigeria Trade Mission Unlocks New Investment Opportunities Across Sectors

NewsDeskNgApr 22, 2026April 22, 20260

UK and Nigeria deepen trade ties as 43-company delegation explores investments across energy, infrastructure and key sectors. The United Kingdom has concluded its first trade and investment mission to Nigeria since the recent State Visit, reinforcing efforts to convert high-level political commitments into concrete commercial outcomes for businesses in both...

FCCPC, LASCOPA Sign Mou On Consumer Protection

NewsDeskNgApr 22, 2026April 22, 20260

FCCPC and LASCOPA sign MoU to strengthen coordination, complaint handling and consumer rights enforcement across Nigeria. Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello, Tuesday emphasised that state institutions remained indispensable partners in building a credible and accessible consumer protection framework across the federation....

Stakeholders Demand 20% Oil Block Equity For Host Communities

NewsDeskNgApr 22, 2026April 22, 20260

Stakeholders urge federal government to allocate 20 percent equity in oil blocks to host communities and states. As part measures to promote Nigerian local content through genuine participation and empowerment of oil producing communities, a concerned group – the Nigerian Local Content Conference (NLCC) has asked the federal government to...