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Business
Tax Incentives to Boost Nigeria’s Manufacturing Growth to 3.1% in 2026 — MAN
Nigeria’s manufacturing sector is set to record a projected 3.1 per cent growth in 2026, up from the 1.6 per cent…
European Stocks Slide as AI Valuations and UK Tax Reversal Shake Markets
European stocks tumbled on Friday, rattled by concerns over inflated artificial intelligence (AI) valuations and…
Nigerian Stock Market Rises 1.08% as Brewers and FUGAZ Stocks Lead Gains
The Nigerian stock market rebounded on Thursday, November 13, 2025, with the All-Share Index (ASI) posting a 1.08%…
National Assembly to Discuss Capital Gains Tax Hike Amid N2 Trillion Market Loss
The National Assembly is set to engage the federal government over the controversial proposed increase in Capital…
Nigeria’s Economic Reforms Fuel IHS Towers’ Strong Q3 Performance, Lifting 2025…
IHS Towers, the largest independent operator of shared communications infrastructure in Africa, has delivered…
Naira Strengthens as Nigeria’s External Reserves Hit Six-Year High of $43.42…
Nigeria’s naira gained modestly against the U.S. dollar in the official foreign exchange market on Thursday, buoyed…
Nigeria’s Currency Reforms Drive Surge in Foreign Investment
Nigeria’s bold currency reforms are paying off, sparking renewed interest from foreign investors after years of…
Insecurity and Power Supply Top Nigerian Business Challenges in October – CBN…
Insecurity and erratic power supply have emerged as the leading challenges for Nigerian businesses in October 2025,…
PenCom targets 80m informal workers with micro-pension plan
The National Pension Commission (PenCom) is intensifying efforts to bring Nigeria’s massive informal…
Tinubu Postpones 15% Fuel Import Duty to 2026 After Stakeholder Pushback
President Bola Tinubu has approved a shift in the implementation of the proposed 15% fuel import duty on petrol and…
Nigeria’s Private Sector Expands for 11th Month as PMI Hits 55.4 Points
Nigeria’s private sector sustained its growth streak for the 11th consecutive month in October, driven by gains…
MOFI Lists N1 Trillion MREIF on NGX to Boost Affordable Housing in Nigeria
Nigeria’s Ministry of Finance Incorporated (MOFI) has officially listed its N1 trillion Series 2 MOFI Real Estate…
Ghana’s Bond Market Set to Drive Africa’s Capital Market Integration – BoG…
Ghana’s fixed-income market is emerging as one of Africa’s most credible and resilient bond platforms, with trading…
Seplat Energy Boosts Crude Output by 33,000 BPD After Successful Oil Well…
Seplat Energy Plc has successfully boosted its crude oil production by 33,000 barrels per day (BPD) following the…
TotalEnergies Pushes to Maximise Oil Production in Nigeria’s Deepwater Fields
TotalEnergies EP Nigeria is intensifying efforts to unlock the full potential of its oil assets in the country,…
NDIC Advises Nigerians to Maintain Alternate Bank Accounts for Faster Refunds
The Nigeria Deposit Insurance Corporation (NDIC) has urged bank customers to maintain alternate accounts in…
Nigeria Targets $20 Billion Investment from 70 Priority Gas Projects to Boost…
Nigeria is positioning itself to unlock up to $20 billion in new investments through 70 priority gas projects, as…
AfCFTA Boost: Africa Trade Engine to Close $50 Billion Import Gap and Drive Local…
TRT Manufacturing and TradeDepot have unveiled the Africa Trade Engine (ATE), a groundbreaking initiative designed…
Senator Calls for Review of 30% Capital Gains Tax Amid N2tn Market Loss
The Chairman of the Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has urged the…
European Stocks Edge Higher as U.S. Government Shutdown Ends; Burberry Surges 7%…
European markets opened higher on Thursday, tracking global optimism after the United States ended its protracted…
Ellah Lakes Launches ₦235bn Public Offer to Drive ₦200bn Revenue Ambition
Nigerian agribusiness giant Ellah Lakes Plc has announced the launch of a ₦235 billion public offer, marking a bold…
Presco Plc Launches N236.67 Billion Rights Issue to Drive Expansion and…
Presco Plc has opened a N236.67 billion Rights Issue, inviting existing shareholders to increase their equity in…
SEC Partners with Cambridge and Busha to Launch Digital Assets Education Programme…
The Securities and Exchange Commission (SEC) of Nigeria has teamed up with Cambridge Enterprise, Busha, and A&D…
Nigerian Equities Market Rebounds, Investors Gain N2.59 Trillion
The Nigerian equities market staged a strong recovery on Wednesday, delivering a welcome relief to investors…
Nigerian Stock Market Rebounds with N2.6 Trillion Gain After Record Loss
The Nigerian stock market staged a remarkable recovery on Wednesday, posting a N2.6 trillion gain in market…
European Markets Rise as U.S. Government Shutdown Ends; Burberry Surges 4% on…
European stock markets edged higher on Thursday, following positive global sentiment after the U.S. government…
Nine Nigerian Banks Earn ₦2.81 Trillion from Fees and Commissions in Q3 2025
Nine leading Nigerian banks collectively raked in about ₦2.81 trillion from various fees and commissions in the…
Power Shortages and Insecurity Threaten Nigerian Businesses’ Growth – CBN Survey
Insecurity and unreliable electricity remain the biggest threats to business stability and profitability in…
The Alternative Bank Wins “Innovative Bank of the Year” Award at African Islamic…
The Alternative Bank has clinched the coveted title of Innovative Bank of the Year at the 7th African International…
Senate Rebukes NNPCL Over N210 Trillion Discrepancies, House Adjourns Abruptly
The Nigerian Senate has strongly rebuked the Nigerian National Petroleum Company Limited (NNPCL) for failing to…