Seplat Energy Reports N3.36 Trillion Revenue in 9 Months, Declares 7.5 US Cents Dividend
Seplat Energy PLC has posted impressive financial results for the nine months ended September 30, 2025, with revenues soaring to…
Month: October 2025
Presidency Defends 15% Fuel Import Tariff
The Nigerian Presidency has confirmed that President Bola Tinubu has approved a 15 per cent import tariff on petrol and…
MTN and Airtel Nigeria Profits Surge to ₦1.83 Trillion as Naira Strengthens
Nigeria’s telecom giants, MTN Nigeria and Airtel Nigeria, have posted a combined profit of about ₦1.83 trillion, signalling a strong…
Nigeria’s New Tax Laws to Revive Logistics Industry and Ease Road Transport Costs
Nigeria’s logistics industry, which moves over 90 percent of the country’s goods by road, has long struggled under the weight…
Nigeria Launches National Carbon Market Framework to Unlock $3 Billion in Annual Climate Finance
President Bola Tinubu has approved the adoption of a National Carbon Market Framework (NCMF), alongside the operationalization of the Climate…
Bonny Light Holds at $66 as Market Eyes Trump-Xi Trade Breakthrough
Nigeria’s premium crude blend, Bonny Light, steadied at $66 per barrel on Wednesday, lifted by renewed optimism over trade talks…
WhatsApp Introduces Passkey Support for Encrypted Backups, Enhancing User Privacy and Security
WhatsApp has unveiled a new feature that allows users to access their encrypted chat backups using passkeys, offering a simpler…
Canva Unveils Its Own AI Design Model and Expands Creative Suite with Smart Tools
Canva has stepped into the next generation of design innovation with the launch of its own AI-powered design model. The…
FG Targets Under-7-Day Cargo Clearance at Nigerian Ports by 2026 – Shettima Unveils Port Efficiency Reforms
The Federal Government has set a bold target to reduce cargo clearance time at Nigerian ports to less than seven…
Tinubu: Local Production Key to Stabilising Supply Chains and Strengthening Nigeria’s Economy
President Bola Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s economy through local production, saying it remains central to…
Auditor General hinges inclusive economic growth on accountability
The Auditor General for the Federation, Shaakaa Chira, has stressed that inclusive economic growth in Nigeria cannot thrive without strong…
Nigeria’s New Tax Reforms to Eliminate Multiple Levies and Boost Haulage Industry, Says Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced that Nigeria’s haulage and…
European Markets Fall After ECB Decision as Investors Weigh Earnings and Trade Talks
European stock markets opened lower on Friday as investors digested a mix of corporate earnings, economic data, and the European…
Investors Lose ₦371bn as Profit-Taking Pressure Drags NGX Lower
The Nigerian Exchange (NGX) closed Thursday’s trading session on a bearish note as widespread sell pressure in key stocks led…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake Investment Platforms
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion to Ponzi schemes and…
Nigerian Equities Market Decline Deepens as Investors Lose N371bn Amid Profit-Taking
The Nigerian equities market extended its losing streak for the fourth straight session on Thursday, as investors’ appetite for risk…
Petrol Price May Rise to ₦1,163 as Tinubu’s New Tariff Targets ₦4.8 Trillion Revenue
Nigerians may soon pay as much as ₦1,163 per litre of petrol as the Federal Government introduces a new tariff…
BusinessNigerians hold N4.47 trillion cash outside banks in September as money supply drops
Nigerians held N4.47 trillion in cash outside the banking system in September 2025, despite a contraction in overall money supply,…
Reps Launch Probe into Multiple Bank Charges, Excessive Tax Deductions on Workers’ Incomes
The House of Representatives has set up an ad-hoc committee to investigate widespread complaints over excessive tax deductions and multiple…
Dangote Rejects NNPC Refinery Purchase, Urges Private Investors to Step Up
Africa’s richest man, Aliko Dangote, has dismissed suggestions that he should acquire one of Nigeria’s moribund state-owned refineries, saying he…
Ntel CEO Calls for Fintech-Telco Convergence to Power Nigeria’s Digital Economy
Soji Maurice-Diya, chief executive officer of Nigerian Telecommunications Ltd. (ntel), has called for stronger collaboration between Nigeria’s telecommunications and financial…
CBN May Backtrack on Fixed-Income Market Control as Nigeria Reviews Policy Shift
Nigeria’s plan to let the Central Bank of Nigeria (CBN) take over control of the nation’s fixed-income market may soon…
BVI Court Orders Ex-Seplat Chairman Orjiako to Pay $220 Million in Landmark Debt Enforcement Ruling
In a landmark decision that has sent ripples across international financial and legal communities, the British Virgin Islands (BVI) Commercial…
NAICOM, FRSC Partner to Enforce Third-Party Motor Insurance Nationwide
The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have joined forces to strengthen the enforcement of…
FG Launches Automated Customs Payment System to Revolutionize Parcel Clearance in Nigeria
The Federal Government has unveiled the Nigerian Postal Service (NIPOST) Automated Payment Solution, a digital platform designed to simplify customs…
FG’s $2.5bn investments drive seen lifting dairy farming
President Bola Tinubu has announced that Nigeria has secured $2.5 billion in investments to establish six modern meat-processing factories across…
JUST IN: Eurozone growth beats expectations in third quarter
The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday. The EU’s data…
JUST IN: Tinubu okays 15% import duty on petrol, diesel
President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on imported petrol and diesel,…
What we’re doing to get Nigeria’s refineries back on track — NNPC’s Ojulari
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari, has…
Bank of Ghana Confident Inflation Will Drop Further by Year-End as Cedi Strengthens
The Bank of Ghana (BoG) is expressing optimism that inflation will continue to fall before the end of 2025, building…