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United Bank for Africa (UBA) has appointed Loknath Mishra as the Chief Executive Officer of its United Kingdom (UK) subsidiary, effective February 2, 2026. The appointment highlights UBA Group’s aim to strengthen its international presence and solidify its role as a key financial bridge between Africa and global markets. Mishra will focus on positioning UBA …

The Federal Government has approved the digitisation of Nigeria’s fish import licensing process. The aim is to improve transparency, strengthen oversight, and boost domestic fish production. Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, directed the Department of Fisheries and Aquaculture to fast-track the new digital licensing platform. The reform supports President Bola Ahmed …

The Nigeria Sovereign Investment Authority (NSIA) and the International Finance Corporation (IFC) have signed a $154.1 million agreement to expand cancer care across Nigeria. The deal, sealed in Abuja on Tuesday night, aims to improve access to quality diagnostic and treatment services nationwide. Under the partnership, the IFC, the private-sector arm of the World Bank …

Oil and gas operators, led by the Independent Petroleum Producers Group (IPPG) and the Oil Producers Trade Section (OPTS), have called on the Nigerian government to address the burden of multiple fees and charges they face in the industry, warning that the overlapping costs are making Nigeria’s petroleum sector uncompetitive. Chairman of IPPG and Managing …

FG Urged to Address Multiple Charges Slammed on Oil and Gas Operators

Nigeria processed close to 11 billion electronic payment transactions in 2024, more than double the 5 billion transactions recorded in 2022, according to the Central Bank of Nigeria (CBN). The apex bank disclosed this in its report titled 'Shaping the Future of Fintech in Nigeria: Innovation, Inclusion and Integrity', released on Monday. The report shows …

CBN: Cardoso Champions Next-Gen Leadership with New National Lecture Series

The Joint Admissions and Matriculation Board (JAMB) has announced that it will issue free Unified Tertiary Matriculation Examination (UTME) application forms to persons with disabilities (PWDs) registering for the 2026/2027 examination. JAMB made the announcement in a statement released on Tuesday in Abuja by its Public Communication Advisor, Dr Fabian Benjamin. Registration for the 2026 …

Organised labour unions and the Minister of the Federal Capital Territory (FCT), Nyesom Wike, have resolved their dispute. The agreement has led to the immediate suspension of the strike and a return to work by affected employees. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) announced the decision in a circular issued …

While the world moves toward green energy in line with the energy Transition agenda, oil and gas resources remain vital to Africa’s development, says Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan. Mrs Eyesan highlighted the strategic role of hydrocarbons in Africa’s future, while pursuing just energy agenda. The NUPRC …

NUPRC Raises the Alarm over Fake Social Media Accounts of Commission’s Chief Executive

For years, Nigeria’s economic debates have revolved around oil prices, exchange rates and inflation. Yet beneath these top issues lies a quieter system that determines whether food reaches markets, medicines reach hospitals, and factories remain open- the supply chain. A new report by Rome Business School Nigeria (RBSN) argues that Nigeria’s weak and fragmented supply …

The Nigeria Governors’ Forum (NGF) has agreed to prioritise sugar as a key product for industrial growth in states across the country. The Forum also resolved to include sugar projects as key beneficiaries in its engagements with development partners within and outside Nigeria. The move aims to boost agro-industrial development and reduce the country’s reliance …

NSDC, NGF Partner to Accelerate Sugar Projects Across States

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