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Last updated: 2025-10-17 07:05:17
OPEC+ Makes Modest 137,000b/d Oil Production Hike for November
Source: Business Post Nigeria

OPEC+ Makes Modest 137,000b/d Oil Production Hike for November

By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) will add about 137,000 barrels a day next month as the group agreed to a modest increase in its Novembe...

Co-op Bank wins global award for SME product innovation
Source: Standard Media

Co-op Bank wins global award for SME product innovation

Co-operative Bank of Kenya has been recognised for its pioneering work in small business finance, winning the "Product Innovation of the Year (Africa)" award at the Global SME Finance Awards 2025....

How Policy Missteps Weigh Down Nigeria’s Fragile Banking Giants
Source: Business Post Nigeria

How Policy Missteps Weigh Down Nigeria’s Fragile Banking Giants

By Blaise Udunze Nigeria’s banking sector has always stood at the center of the nation’s economic hopes. Yet, instead of fueling growth and wealth creation, the sector finds itself trapped in a cycle...

NGX All-Share Index Crosses 143,000 Points After 0.42% Rise
Source: Business Post Nigeria

NGX All-Share Index Crosses 143,000 Points After 0.42% Rise

By Dipo Olowookere A 0.42 per cent rise was recorded by the Nigerian Exchange (NGX) Limited on Friday, inching the All-Share Index (ASI) higher by 604.58 points to 143,584.04 points from 142,979.46 po...

NASD Exchange Heads Southwards by 0.04%
Source: Business Post Nigeria

NASD Exchange Heads Southwards by 0.04%

By Adedapo Adesanya It was a negative end to the week for the NASD Over-the-Counter (OTC) Securities Exchange after it went down by 0.04 per cent to extend its poor run. The market capitalisation drop...

Naira Crashes to N1,465/$1 at Official, Black Markets
Source: Business Post Nigeria

Naira Crashes to N1,465/$1 at Official, Black Markets

By Adedapo Adesanya The value of the Naira tumbled against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) and the black market segments on Friday, October 3. Data obtained by...

Oil Prices Rise as OPEC+ Sets to Make Another Supply Increase
Source: Business Post Nigeria

Oil Prices Rise as OPEC+ Sets to Make Another Supply Increase

By Adedapo Adesanya Oil prices settled higher after news of potential increase in supply by the Organisation of the Petroleum Exporting Countries and allies (OPEC+). Brent crude futures gained 42 cent...

How economic numbers betray Ruto ahead of 2027 polls
Source: Standard Media

How economic numbers betray Ruto ahead of 2027 polls

The debt binge of the Jubilee administration equally stinks as that of the current administration. The plunder of public coffers has only grown bigger in the spirit of it is our time to eat....

Why hiring by firms has hit new high
Source: Standard Media

Why hiring by firms has hit new high

Business conditions began to recover across the Kenyan private sector for the first time since April in September....

Stanbic IBTC Gives Facelift to Alegbo Primary School in Delta
Source: Business Post Nigeria

Stanbic IBTC Gives Facelift to Alegbo Primary School in Delta

By Modupe Gbadeyanka Alegbo Primary School in Delta State is wearing a new look courtesy of Stanbic IBTC Holdings Plc through its Adopt-A-School initiative. The financial institution upgraded the prim...

Uncertainty as Rivatex fires 3000 employees
Source: Standard Media

Uncertainty as Rivatex fires 3000 employees

From salary delays to scaled-down operations and to huge losses, the textile company once again became a pale shadow of its former self....

Kenya Re extends MD's suspension
Source: Standard Media

Kenya Re extends MD's suspension

Kenya Reinsurance Corporation has announced the extension of Managing Director Dr Hillary Wachinga's suspension for an additional 21 working days....

2025 Akada Children’s Book Festival Holds October 25 in Lagos
Source: Business Post Nigeria

2025 Akada Children’s Book Festival Holds October 25 in Lagos

By Modupe Gbadeyanka The UPBEAT Recreation Centre in Lekki, Lagos, will host the 2025 edition of the prestigious Akada Children’s Book Festival on October 25, the organisers have confirmed. Since its...

IMO Lauds Nigeria’s Zero-Piracy, Blue Economy Achievements
Source: Business Post Nigeria

IMO Lauds Nigeria’s Zero-Piracy, Blue Economy Achievements

By Adedapo Adesanya The Secretary-General of the International Maritime Organisation (IMO), Mr Arsenio Domínguez, has lauded Nigeria’s zero piracy record in the past three years in the Gulf of G...

Pilots Anticipate First-Ever UIM E1 World Championship in Lagos
Source: Business Post Nigeria

Pilots Anticipate First-Ever UIM E1 World Championship in Lagos

By Adedapo Adesanya Pilots of the nine teams participating in the first-ever UIM E1 World Championship in Lagos have expressed their readiness for the event this weekend. The E1 is an all-electric int...

NASD OTC Index Falls 0.57% to 3,450.00 Points
Source: Business Post Nigeria

NASD OTC Index Falls 0.57% to 3,450.00 Points

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.57 per cent depreciation on Thursday, October 2 after there price losers overpowered the single price gainer posted...

Ile-Ife: Muslim Traders Exempted From Olojo Festival Levies
Source: Business Post Nigeria

Ile-Ife: Muslim Traders Exempted From Olojo Festival Levies

By Aduragbemi Omiyale After weeks of public outcry, petitions and appeals to religious and traditional leaders, Muslim traders at the Ojatuntun Otisese Weekly Market in Ile-Ife, Osun State, have been...

Nigerian Stock Market Begins October 2025 With 0.19% Growth
Source: Business Post Nigeria

Nigerian Stock Market Begins October 2025 With 0.19% Growth

By Dipo Olowookere It was a bright start to the new month for the Nigerian Exchange (NGX) Limited on Thursday as it closed higher by 0.19 per cent. The Nigerian stock market had a rest on Wednesday to...

Wema Bank Promises Exciting Rewards at NBC Trade Fair in Ghana
Source: Business Post Nigeria

Wema Bank Promises Exciting Rewards at NBC Trade Fair in Ghana

By Modupe Gbadeyanka Attendees of the forthcoming NBS Trade Fair taking place at The Palms Convention Centre in Accra, Ghana, have been assured of exciting rewards by Wema Bank Plc. The Nigerian lende...

CBN Moves to Control Entire Fixed Income Market Operations
Source: Business Post Nigeria

CBN Moves to Control Entire Fixed Income Market Operations

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced a phased operational overhaul of the Nigerian Fixed Income Market, as part of a strategic move to deepen transparency and efficiency...

Tala bets on tech to serve underbanked in expansion plan
Source: Standard Media

Tala bets on tech to serve underbanked in expansion plan

The move marks the latest international expansion for the global fintech, which is deploying its proprietary 'Tala in a Box' software platform to quickly establish operations....

Tinubu Tasks African Producers on Self-Financing Model
Source: Business Post Nigeria

Tinubu Tasks African Producers on Self-Financing Model

By Adedapo Adesanya President Bola Tinubu has called for African nations to take ownership of financing their energy ambitions, as the continent moves to boost its play for the future. Speaking on beh...

Chukwuma Nwokocha Becomes Stanbic IBTC Holdings CEO
Source: Business Post Nigeria

Chukwuma Nwokocha Becomes Stanbic IBTC Holdings CEO

By Aduragbemi Omiyale Stanbic IBTC Holdings Plc now has a substantive chief executive and he is Mr Chukwuma (Chuma) Nwokocha. The appointment of Mr Nwokocha followed the receipt of all required regula...

Nigeria’s Tax-to-GDP Ratio Now 13.5%—Tinubu
Source: Business Post Nigeria

Nigeria’s Tax-to-GDP Ratio Now 13.5%—Tinubu

By Adedapo Adesanya President Bola Tinubu on Wednesday revealed that Nigeria’s tax-to-GDP ratio has risen to 13.5 per cent from around 10 per cent. Nigeria previously had a tax-to-GDP of 10.8 per cent...

Versa Farms CEO Condemns Continued Kwara Killings
Source: Business Post Nigeria

Versa Farms CEO Condemns Continued Kwara Killings

By Adedapo Adesanya A Kwara farmer and chief executive of Versa Farms, Nigeria’s largest tomato farm, Mr Ibrahim Toyeeb, has condemned the recent spate of deadly attacks across Kwara State, calling fo...

Game On: A Look at Fall 2025’s Biggest Esports Showdowns
Source: Business Post Nigeria

Game On: A Look at Fall 2025’s Biggest Esports Showdowns

The Crown Jewel of League of Legends — Worlds 2025 From Seoul to Shanghai—why this year’s route is a game-changer Each year, League of Legends fans around the globe eagerly await the most prestigious...

MTN Extends Mega Billion Promo to Accommodate More Winners
Source: Business Post Nigeria

MTN Extends Mega Billion Promo to Accommodate More Winners

By Aduragbemi Omiyale The MTN Mega Billion Promo, which was initially set to close on September 21, 2025, has been extended till October 21, 2025, the telecommunications giant said. The campaign was e...

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