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May 11, 2026
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Category: Business

CBN Calms Nerves as Union Bank, Providus and Others miss Recapitalisation Deadline
Africa Banking Business

CBN Calms Nerves as Union Bank, Providus and Others miss Recapitalisation Deadline

jacq ClineMay 10, 2026May 10, 2026

Nigeria’s banking sector is once again under the spotlight after several lenders including Union Bank of Nigeria and Providus Bank…

CBN Calms Nerves as Union Bank, Providus and Others Miss Recapitalisation Deadline
Africa Banking Business

CBN Calms Nerves as Union Bank, Providus and Others Miss Recapitalisation Deadline

jacq ClineMay 9, 2026May 9, 2026

Nigeria’s banking sector is once again under the spotlight after several lenders including Union Bank of Nigeria and Providus Bank…

From Isolation to Ecosystem: How Nigerian CEOs Can Rewire Their Companies for Speed, Efficiency, and Innovation
Africa Business

From Isolation to Ecosystem: How Nigerian CEOs Can Rewire Their Companies for Speed, Efficiency, and Innovation

jacq ClineMay 8, 2026May 9, 2026

By Chiamaka Nnadigwe For decades, many Nigerian businesses have been built like islands self-contained, defensive, and often overstretched. Each company…

NNPC signs MoU with Chinese businesses to restart Warri and Port Harcourt refineries.
Africa Business Energy

NNPC signs MoU with Chinese businesses to restart Warri and Port Harcourt refineries.

jacq ClineMay 7, 2026May 7, 2026

This was reported in a news release dated May 3, 2026, signed by the company’s Chief Corporate Communications Officer, Andy…

China has now removed import duties from all African Countries. With the exception of 1
Africa Business Exports and Imports

China has now removed import duties from all African Countries. With the exception of 1

jacq ClineMay 5, 2026May 5, 2026

Economies in Africa will have tariff-free access to Chinese market for the next two years thanks to a policy that…

Lagos State signs power deals to raise supply to 400MW
Africa Business Energy

Lagos State signs power deals to raise supply to 400MW

jacq ClineMay 3, 2026May 3, 2026

On Saturday, Lagos State toed the line of Abia State government in becoming independent power producing state. Lagos state government…

Dangote once again planning to attempt the unattainable
Africa Business Energy Nigeria Stock Market

Dangote once again planning to attempt the unattainable

jacq ClineApril 26, 2026April 26, 2026

Africa’s richest industrialist, Aliko Dangote, is once again attempting something no one on the continent has successfully done at scale…

Stress Test Season: Is Nigeria’s Banking System Truly Bulletproof or Just Well-Dressed?
Africa Banking Business

Stress Test Season: Is Nigeria’s Banking System Truly Bulletproof or Just Well-Dressed?

jacq ClineApril 25, 2026April 25, 2026

As the April 30 deadline looms, Nigeria’s banking sector finds itself under one of the most intense regulatory spotlights in…

“60% slipping into Poverty”: Atiku Abubakar Blasts Bola Ahmed Tinubu Over World Bank Report
Africa Business Economy

“60% slipping into Poverty”: Atiku Abubakar Blasts Bola Ahmed Tinubu Over World Bank Report

jacq ClineApril 22, 2026April 22, 2026

Nigeria’s deepening economic crisis has ignited a fresh political firestorm, as former Vice President Atiku Abubakar launches a scathing attack…

WEMA bank to diversify it’s investment potfolio into mining, blue economy and electric Industry
Africa Banking Business Market & Finance

WEMA bank to diversify it’s investment potfolio into mining, blue economy and electric Industry

jacq ClineApril 22, 2026April 22, 2026

As part of its attempts to diversify its investment portfolio, Wema Bank Plc is looking into prospects in the electricity…

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