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Quick Take

UBA Partners CIG Motors, Lagride, Launches $100 Million “Drive to Own” Vehicle Financing Scheme

In a landmark move set to redefine urban mobility and promote financial inclusion in Nigeria, United Bank for Africa (UBA) Plc, has announced a...

Africa PE Giant Helios Buys Nigeria’s Beta Glass for €100M in Packaging Bet

Helios Investment Partners agreed to acquire a majority stake in Frigoglass Group’s Nigerian glass-packaging business, Beta Glass Plc, for up to EUR100.00mn, transferring control...

Expert Seeks U.S. Lawmakers Pressure on Nigeria to Abolish Sharia Law, Disband Hisbah

United States lawmakers were on Tuesday urged to press the Nigerian government to abolish Sharia law in the 12 northern states where it is...

Failed Heritage Bank Depositors Paid Total of N51 billion by NDIC in 2024

The Nigeria Deposit Insurance Corporation (NDIC) has paid a total of N51 billion to six hundred and eighty-six thousand, nine hundred and seventy nine...

As Profit Collapses, NSIA Faces Ballooning Staff Costs, Pushing Operating Expenses Up 76%

Nigeria’s Sovereign Wealth Fund (SWF) managed by the Nigeria Sovereign Investment Authority (NSIA) saw a 76% jump in other operating expenses in the first...

FCT Minister Wike and Military Officer Clash in Abuja Over Allegations of Land Grabbing

There was a heated confrontation on Tuesday between the Minister of the Federal Capital Territory, Nyesom Wike, and an unidentified military officer over an...

These Are The Major Sources of Revenue for Lagos State

The major sources of revenue for Lagos in 2024 were taxation at N1.037 trillion, Statutory FAAC allocations N769 billion, Capital receipts N253 billion and...

How to Budget With Irregular Income and Eye on Rainy Day

If you are freelancer, artisan, trader or contractor who earns an irregular income, then you need budget basics that will help you save money...

FMCG Giant BUA Foods Revenue Surge Driven by Three Core Segments: Sugar, Flour, and Pasta

BUA Foods, Nigeria's largest listed firm with a market capitalization of N12.46 trillion (November 03, 2025) is growing fast and understanding the drivers behind...

NGX Financials: Exchange Earns Most from Trading Fees, Followed by Listings and Treasury Income

The top sources of income for the Nigerian Exchange Group (NGX) as at the third quarter (Q3) of 2025 were Transaction Fees, Listing Fees,...

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