
FINANCE NEWS
- NUPRC revokes Oritsemeyin rig licence after UDIBE-2 drilling incident
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked the operating licence of the Oritsemeyin Rig following a drilling incident at the UDIBE-2 wellbore that raised serious safety concerns. The post NUPRC revokes Oritsemeyin rig licence after UDIBE-2 drilling incident appeared first on Nairametrics.
- Tosin Eniolorunda, amongst 12 others, recognised for innovation in business by Lord’s Achievers Awards
The 7th edition of the Lord’s Achievers Awards (LAA) lit up The Monarch Events Centre, Lekki, Lagos, as young leaders, innovators, and changemakers were celebrated under this year’s theme: Icons of Impact. The post Tosin Eniolorunda, amongst 12 others, recognised for innovation in business by Lord’s Achievers Awards appeared first on Nairametrics.
- Why has Coffee jumped over 30% in the global market in Q3 2025?
Global coffee prices, tracked by coffee futures contracts, staged an impressive recovery in the third quarter, rising more than 30% after a steep decline in May and June, which wiped out over 20% of their value. The post Why has Coffee jumped over 30% in the global market in Q3 2025? appeared first on Nairametrics.
- Niger State Government to provide N2 billion Capital for Agriculture State Cooperative Bank launch
The Niger State Government has announced plans to commit N2 billion as seed capital for the take-off of its State Cooperative Bank for Agriculture. The post Niger State Government to provide N2 billion Capital for Agriculture State Cooperative Bank launch appeared first on Nairametrics.
- Meet 10 CTOs powering digital innovation in Nigeria’s banking ecosystem
This article features 10 standout digital leaders whose contributions are redefining the Nigerian banking experience The post Meet 10 CTOs powering digital innovation in Nigeria’s banking ecosystem appeared first on Nairametrics.
- CFDs: Octa Broker on a perfect trading instrument for the day and age
Our dynamic, mobile-obsessed world requires fast-paced solutions for everything—and wealth management is not an exception. Given that, for those aiming to navigate financial markets quickly and efficiently, trading contracts for difference (CFDs) may be the perfect solution. Octa, a globally regulated and trusted broker since 2011, explains the nature of CFDs and breaks down some The post CFDs: Octa Broker on a perfect trading instrument for the day and age appeared first on Nairametrics.
- Imperial celebrates 18th anniversary
Imperial Asset Managers Limited (“Imperial”) is a stockbroking firm, financial adviser, and portfolio auditor duly registered by the Securities and Exchange Commission (“SEC”) and licensed by the Nigerian Exchange Limited (“NGX”), the FMDQ Securities Exchange (“FMDQ”), and NASD Plc ( “NASD”). The post Imperial celebrates 18th anniversary appeared first on Nairametrics.
- Vest Acquico petitions SEC after collapse of N60.5 billion offer to Africa Capital Alliance for Cornerstone Insurance stake
Vest Acquico Limited has taken its battle for control of Cornerstone Insurance to the Securities and Exchange Commission (SEC). The post Vest Acquico petitions SEC after collapse of N60.5 billion offer to Africa Capital Alliance for Cornerstone Insurance stake appeared first on Nairametrics.
- FG to reclaim idle silos as Nigeria records over $10 billion annual post-harvest losses
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, has announced that the federal government will reclaim idle silos across Nigeria due to massive post-harvest losses currently estimated at $10 billion annually. The post FG to reclaim idle silos as Nigeria records over $10 billion annual post-harvest losses appeared first on Nairametrics.
- NAFDAC seizes N1.2 billion worth of fake malaria drugs in Lagos raid
The National Agency for Food and Drug Administration and Control (NAFDAC) has intercepted counterfeit malaria medicines valued at over N1.2 billion in Lagos State. The post NAFDAC seizes N1.2 billion worth of fake malaria drugs in Lagos raid appeared first on Nairametrics.
- Dangote to NUPENG: “we are not a monopoly..over 30 refineries licensed “
Dangote Petroleum Refinery has rejected claims that it is monopolistic, saying that over 30 refinery licences have already been issued to other private players, with active developments by BUA, Aradel, and Walter Smith. The clarification was contained in an official statement issued by the Dangote Group on Friday, September 12, 2025, in response to allegations The post Dangote to NUPENG: “we are not a monopoly..over 30 refineries licensed “ appeared first on Nairametrics.
- Single-Use-Plastic ban: Lagos goes after traders in Victoria Island, Lekki, Idumota, Oshodi and other markets
The Lagos Environmental Sanitation Corps (LAGESC), otherwise known as KAI, has carried out enforcement operations against the use of single-use plastics (SUP) in the Agege, Oshodi, Idumota, Mushin, Victoria Island, and Lekki market areas of the state The post Single-Use-Plastic ban: Lagos goes after traders in Victoria Island, Lekki, Idumota, Oshodi and other markets appeared first on Nairametrics.
- Why Bitcoin just hit $115k two-week high
Bitcoin was up on Friday, trading above $115,000 after gaining significantly over the previous day. The post Why Bitcoin just hit $115k two-week high appeared first on Nairametrics.
- We Have Tested EVs in Ghana & CNG in Nigeria, and the Results Are Shocking — C&I Leasing CEO Reveals
In a captivating episode of The Coffee Table with Ugodre, Lenin Ugoji, the CEO of C&I Leasing, shared valuable insights into the logistics sector and the growing importance of leasing in Nigeria’s economy. Addressing challenges faced by the industry, particularly the impact of exchange rate volatility, Ugoji highlighted how these fluctuations have forced businesses to The post We Have Tested EVs in Ghana & CNG in Nigeria, and the Results Are Shocking — C&I Leasing CEO Reveals appeared first on Nairametrics.
- Naira Strong Today, Weaker Tomorrow? Bank Merger Buzz and AIG’s Access Play | Drinks & Mics Season 2, Episode 1
In the exciting return of Drinks and Mics, the crew, Ugodre, Arnold, and Tunji Andrews, kick off season two with an engaging discussion on some of the most pressing topics in Nigeria’s financial landscape. Hosted by Audrey, the episode features insightful commentary from industry heavyweight Samson Esemuede, MD/CIO of ZRosk. This episode explores the ongoing The post Naira Strong Today, Weaker Tomorrow? Bank Merger Buzz and AIG’s Access Play | Drinks & Mics Season 2, Episode 1 appeared first on Nairametrics.