Business

All the recent business news in Nigeria, economy and industry updates.

Ogun targets N1trn budget in 2025

Governor Dapo Abiodun of Ogun State said his administration is targeting one trillion-naira budget for next year. He spoke just as he assured that his

Stiff regulation, compliance cost may affect banking sector – Elumelu

The Chairman United Bank for Africa (UBA) Group, Tony Elumelu, says stiff regulation and compliance cost is currently limiting the ability of banks to

Sterling CEO explains migration into indigenous banking system

Sterling Bank Limited has made history by migrating to Africa’s first-ever indigenous core banking solution called SeaBaaS, developed by Peerless, mar

POS operators lament electronic levy, may hike charges

Operators of Point of Sale (POS) have criticised the implementation of the Electronic Money Transfer Levy (EMTL) on their transactions, saying it has

AfDB’s capital grows from $250m to $318b in 60 years – Adesina

The President and Chairman of the Board of Directors of the African Development Bank Group (AfDB), Dr Akinwumi Adesina, has paid tribute to the role p