Zedvance okays ₦250b funding for power, others

Leading provider of consumer and business financing solutions in Nigeria, Zedvance Finance Limited, said it has disbursed over ₦96 billion in funding to support commercial businesses across the country, establishing its strong positioning beyond retail lending and reinforcing its commitment to bridging the gap between enterprise growth and access to timely financing solutions. It said…

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Fresh impetus to boost Nigeria rubber market

STAKEHOLDERS in the rubber market in Nigeria are pushing to reposition the market to make it contribute significantly to the nation’s gross domestic product (GDP). The stakeholders which include Chairman, Board of Trustees of the Federation of Agricultural Commodity Associations of Nigeria (FACAN), Dr. Victor Iyama, Director-General the Raw Materials Research and Development Council (RMRDC),…

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Reinvention now imperative in Africa’s telecom sector, says PwC

African carriers have come under growing pressure as commoditisation, digitisation and intensified competition are reshaping the industry faster than the dot‑com era, PwC report has noted. This accelerating change across the industry is a clear signal that reinvention can’t wait, report, entitled: ‘Reinventing Telecoms: Beyond the Buzzwords’, noted. The report said across the continent, leading…

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PenCom eyes one million self-employed women for pension plan

The Director-General, National Pension Commission (PenCom) Omolola Oloworaran said the Commission is targeting a million self-employed women to enable them secure their financial future through the registration of the Personal Pension Plan (PPP). Oloworaran disclosed this at the International Women’s Day 2026 outreach in Abuja, with the aim of encouraging women, especially self-employed women, to…

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Nigerian govt explains why Feb salaries for Steel Ministry, 4 agencies were delayed

The Federal Government has explained why some civil servants in the Federal Ministry of Steel Development and four federal agencies have not received their February 2026 salaries. The explanation came from the Office of the Accountant-General of the Federation (OAGF), which said the delay was caused by shortfalls in the personnel cost allocations of the…

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NNPCL’s January revenue hits N2.571tr, posts N385b PaT

State-run oil firm, the Nigerian National Petroleum Company Limited (NNPCL) said it generated N2.57 trillion revenue in January this year. According to the NNPCL monthly report of January 2026, it also posted N385 billion profit after tax (PaT). NNPCL further disclosed that in the period under review, N726 billion was remitted into the Federation account…

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Forbes: BUA Chairman Abdul Samad Rabiu’s fortune jumps 120% to $11.2b

Billionaire industrialist, philanthropist, and Chairman of BUA Group, Abdul Samad Rabiu, has emerged as Africa’s biggest wealth gainer in the 2026 Africa’s Richest People ranking published by Forbes, after his net worth rose sharply over the past year. According to the latest Forbes list, Rabiu’s wealth surged 120 per cent to $11.2 billion, representing the…

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Electricity – the power to protect starts with quality

By Ajibola Akindele In West Africa, the integrity of electrical infrastructure must become a non-negotiable prerequisite.  Our region is going through exciting growth, from commercial skyscrapers in Lagos, industrial factories in Tema to rural electrification schemes in Burkina Faso, which is why the time is now to ensure the quality of electrical components are safe,…

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