Featured - Westafrica Business News

Investors Pocket N2.84tn as Insurance Act Ignites Market Rally

NGX ASI Soars 3.18% BY BONNY AMADI In the week ended Friday August 08, 2025, the Nigerian equities market investors recorded N2.84...

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Aviation

FG Urged to Open FX Window to Support Nigerian Aviation Industry

BY BONNY AMADI The Nigerian aviation industry stakeholders have lauded President Bola Ahamed Tinubu for his transformative initiatives which calmed foreign exchange...

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Finance

IPS Transactions in Africa Surpass $1trn Value — Report

Excluding 400m people BY BONNY AMADI WITH AGENCY REPORTS Africa’s digital payment space continues to record remarkable growth, speeding economic and business...

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Economy

Abuja Overtakes Lagos as Top Capital Destination

Capital importation into Nigeria rises by 215% to $12.32bn Abia, Delta, Ogun… 29 other States Attracted Zero FDI in 2024 BY BONNY...

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Environment

Downpour: Flood submerges Lagos areas, Plateau, Bauchi, Niger

By BONNY AMADI with agency reports With heavy downpour that lasted for 24 hours spanning late Sunday and Monday evening some areas...

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Finance

Equity Investors Reap N4.32 trillion in one week

As Earnings-Fuelled Optimism Drives Broad-Based Rally BY BONNY AMADI Investors in shares of companies’ listed on the NGX Exchange last week record-...

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Finance

Equity Investors rake in N3trn in two straight trading sessions

As Firms’ Remarkable Earnings Sustain Bullish Trend BY BONNY AMADI Gains recorded by Investors on stocks listed on the NGX Equities market...

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Business

FG Gives Companies Deadline to Surrender Unclaimed Dividend

Firms make last effort to pay verifiable claims BY Bonny Amadi In pursuant of its determination to takeover unclaimed dividend of shareholders...

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Economy

NNPCL GCEO finally appears before senate, gets 3-week ultimatum to explain N210trn ‘discrepancy

BY BONNY AMADI WÌTH AGENCY REPORT The senate committee on public accounts has given the management Nigerian National Petroleum Company Limited (NNPCL)...