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Finance & Economy - Page 5

Paystack Fires Co‑Founder Olubi Amid Sexual Misconduct Allegations

Paystack, one of Africa’s leading fintech companies, has terminated the employment of its co-founder and Chief Technology Officer, Ezra Olubi, following public allegations of sexual misconduct involving a junior employee. The dismissal, confirmed by Olubi in a personal blog post on Saturday,

November 24, 2025

Business·News·Oil & Gas

Sahara Group Targets 350,000 bbl/d, Acquires 7 Rigs to Boost Upstream Operations

This rig acquisition, Aihebva noted, is central to Sahara's plan to boost its production to at least 350,000 bbl/d of oil and 1,000,000 MMScf/d of gas in Nigeria within the next five years.

October 5, 2025

News·Oil & Gas·Top Stories

Don’t Demonize Dangote and Fail To Compel NNPCL To Convert Contract Staff To Full Employment – CSO Warns NUPENG, PENGASSAN

Nigeria's $20 billion Dangote Refinery almost came to a halt after the oil workers' unions launched an industrial action protesting the alleged dismissal of more than 800 employees

October 4, 2025

Entrepreneurship·Markets·Startup·Technology

CBN’s Android POS Directive Could Upend Nigeria’s ₦8 Trillion Payment Industry — Here’s Why Fintechs, Agents, and Banks Should Be Worried

The Central Bank of Nigeria (CBN) has quietly set the stage for one of the most consequential shake-ups in the country’s financial technology ecosystem. In a directive that many industry players initially dismissed as a technical update, the apex bank has ordered

October 4, 2025

Finance & Economy·News

Nigeria Faces Reform-Poverty Dilemma, Ex-Statistician-General Kale Warns

Former Statistician-General of the National Bureau of Statistics (NBS), Dr. Yemi Kale, has warned that Nigeria is now home to one of the world’s largest concentrations of poor people, with millions slipping into hardship as reforms reshape the economy. Speaking in Lagos

October 3, 2025

Finance & Economy·Top Stories·World News

US Government Shutdown: A Partisan Standoff with Far-Reaching Consequences

Medicare and Medicaid payments will continue, but some administrative functions may slow down. National parks may remain open without visitor services, and food assistance programs may face disruptions.

October 1, 2025

Dangote Refinery Cuts Diesel Price To ₦960 Per Litre

News·Oil & Gas

PENGASSAN Suspends Strike as FG Brokers Peace with Dangote Refinery

The Federal Government has brokered peace between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Dangote Refinery, leading to the suspension of the union’s nationwide strike. Minister of Labour and Employment, Dr. Mohammed Maigari Dingyadi, confirmed the truce

October 1, 2025

Finance & Economy·Opinion·Top Stories

The Nigerian Economy At 65, By Muda Yusuf

Nigeria has experienced eight recessions since independence — in 1967, 1975, 1978, 1981–1983, 1993, 2016, and 2020 — largely triggered by oil price shocks, fiscal mismanagement, or global crises. Each downturn revealed the same structural fragilities: heavy reliance on oil revenues, weak

October 1, 2025

News·Oil & Gas

Court Injunction Disputed as PENGASSAN Holds Ground on Strike, Political Reactions Intensify

The standoff between Dangote Petroleum Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) deepened on Monday as the union dismissed reports of a valid court injunction halting its nationwide strike. Reports earlier in the day suggested that

September 30, 2025

Finance & Economy·World News

US Government Shutdown Could Affect Markets Globally

Since 1950, there have been 21 such episodes, most lasting only a few days. The longest, in 2018–2019, stretched on for 35 days and cost the economy an estimated $3 billion in permanently lost output.

September 30, 2025

Africa·Business·News·Oil & Gas

TAY Oil Services, Polaris Commission Onshore Seismic Survey for AGOCO in Libya

Early summer 2025 marked the debut deployment of the TAY Oil-Polaris newly acquired semi-automated, containerized seismic system

September 30, 2025

Previous 1 … 3 4 5 6 7 … 329 Next

Bank of England Eyes High Interest Rate Amidst Falling Inflation: Analysts Suggest June For Cut

Bank of England Set for December Rate Cut

"With inflation still at 3.6% and deposit yields poised to

Nigeria Inflation Falls to 16% in October, Cost Pressures Remain High

Nigeria’s headline inflation dropped sharply to 16.02% in October 2025

Lagos Unveils Fresh Food Subsidy Drive to Ease Holiday Price Pressures

The Lagos State Government has rolled out the second phase

Markets Brace for Wave of Delayed U.S. Economic Data as Shutdown Backlog Clears

With federal agencies returning to operation after weeks of paralysis,

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Finance & Economy - Page 5

Paystack Fires Co‑Founder Olubi Amid Sexual Misconduct Allegations

Sahara Group Targets 350,000 bbl/d, Acquires 7 Rigs to Boost Upstream Operations

Don’t Demonize Dangote and Fail To Compel NNPCL To Convert Contract Staff To Full Employment – CSO Warns NUPENG, PENGASSAN

CBN’s Android POS Directive Could Upend Nigeria’s ₦8 Trillion Payment Industry — Here’s Why Fintechs, Agents, and Banks Should Be Worried

Nigeria Faces Reform-Poverty Dilemma, Ex-Statistician-General Kale Warns

US Government Shutdown: A Partisan Standoff with Far-Reaching Consequences

PENGASSAN Suspends Strike as FG Brokers Peace with Dangote Refinery

The Nigerian Economy At 65, By Muda Yusuf

Court Injunction Disputed as PENGASSAN Holds Ground on Strike, Political Reactions Intensify

US Government Shutdown Could Affect Markets Globally

TAY Oil Services, Polaris Commission Onshore Seismic Survey for AGOCO in Libya

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Nigeria‑US Security Pact Takes Flight: A Bold New Alliance to Shield the Nation from Terror

Prof. Akinyemi to President Tinubu: Declare State of Emergency, Strip Governors of Immunity, Deploy Military Tribunals with Death Penalty for Terrorists

Abduction Toll Rises to 315 as CAN Confirms Updated Figures in Niger School Attack

Adams Raises Alarm Over Alleged Terror Plot Targeting South-West States

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Nigeria‑US Security Pact Takes Flight: A Bold New Alliance to Shield the Nation from Terror

Paystack Fires Co‑Founder Olubi Amid Sexual Misconduct Allegations

Borno Deputy Speaker Confirms Abduction of 13 Female Farmers in Askira-Uba

Bank of England Set for December Rate Cut

Nigeria Inflation Falls to 16% in October, Cost Pressures Remain High

Lagos Unveils Fresh Food Subsidy Drive to Ease Holiday Price Pressures

Markets Brace for Wave of Delayed U.S. Economic Data as Shutdown Backlog Clears

Air Peace Shatters Barriers With Historic Boost to KNOSK 100NairaADay School

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