Fast-moving goods firms, especially in food and beverages sub-sector have intensified their efforts towards advancing this objective, leveraging on the financial inclusion strategies offered by the regulatory authorities in the financial services sector.
Alpha Morgan, which commenced commercial operations in March 2025, announced the relocation of its headquarters from 44 Adetokunbo Ademola Crescent, Wuse II, Abuja, to 52 Adetokunbo Ademola Street, Victoria Island, Lagos, in October 2026.
The significance of this indigenous tradition extends beyond the women who organise it. It offers businesses, development institutions and governments an opportunity to support grassroots initiatives through funding, knowledge, training and partnerships.
Moniepoint's growth has been closely associated with its merchant payment business and the expansion of point-of-sale services across Nigeria. For traders and other small businesses, reliable electronic payment acceptance has become increasingly important.
Coronation Group’s N200 billion Coronation Infrastructure Fund (CIF) represents a potentially significant intervention in the country’s quest to convert financial resources into productive economic assets.
The UNDP–Oxford Poverty and Human Development Initiative report released on October 12, 2026, highlights deprivation across health, education, and living standards. It also identifies particularly severe poverty in rural communities and northern Nigeria. According to the report, 113 million Nigerians, or 48.7 per cent of the population, are classified as multi dimensionally poor.
At the January 2026 launch of the Gas Master Plan in Abuja, NNPC Group Chief Executive Officer, Bashir Ojulari, said the investments could expand demand for Nigerian pipeline contractors, fabrication companies, gas-processing equipment suppliers, engineering consultants, maintenance providers and technical workers.
The Federal Ministry of Finance has challenged recent reports, based on the World Bank’s October Nigeria Development Update, that interest payments consumed 124 per cent of Federal Government revenue in the first half of the year.
For decades, the NNPC Limited has occupied a central but complicated position in Nigeria’s economy. It is simultaneously a commercial enterprise, a custodian of the country’s interests in the petroleum industry and a strategic instrument of government energy policy. Reconciling these responsibilities with the discipline required of a modern commercial enterprise has remained a defining challenge.
Sterling Financial Holdings Company Plc delivered an impressive set of 2026 half-year results, with gross earnings rising by 31.5 percent to N279.6 billion and profit after tax climbing by 20.4 percent to N50.30 billion.
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.