Browsing Category
Local
BUA Foods Becomes Nigeria’s Most Valuable Company, Surpasses Dangote and MTN with…
BUA Foods Plc has officially dethroned Dangote Cement and MTN Nigeria to become the most valuable company on the…
Oando Suffers $450 Million Revenue Loss as Dangote Refinery Reshapes Nigeria’s Oil…
Oando Plc, one of Africa’s largest integrated energy companies, has reported a significant $450 million decline in…
FG Promises Stakeholder Engagement on 2026 Tax Reforms to Ensure Fair, Transparent…
The Federal Government has assured that the upcoming Nigeria 2026 tax reforms will be implemented through open and…
Naira Strengthens to ₦1,421/$ — 2025 Peak Fueled by Rising Forex Supply and…
The Nigerian naira ended October 2025 on a high note, appreciating to ₦1,421.73 per dollar — its strongest level…
Seplat Energy Reports N3.36 Trillion Revenue in 9 Months, Declares 7.5 US Cents…
Seplat Energy PLC has posted impressive financial results for the nine months ended September 30, 2025, with…
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…
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,…
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…
Nigeria Launches National Carbon Market Framework to Unlock $3 Billion in Annual…
President Bola Tinubu has approved the adoption of a National Carbon Market Framework (NCMF), alongside the…
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…
FG Targets Under-7-Day Cargo Clearance at Nigerian Ports by 2026 – Shettima…
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…
President Bola Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s economy through…
Auditor General hinges inclusive economic growth on accountability
The Auditor General for the Federation, Shaakaa Chira, has stressed that inclusive economic growth in Nigeria…
Nigeria’s New Tax Reforms to Eliminate Multiple Levies and Boost Haulage Industry,…
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced that…
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…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake…
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion…
Nigerian Equities Market Decline Deepens as Investors Lose N371bn Amid…
The Nigerian equities market extended its losing streak for the fourth straight session on Thursday, as investors’…
Petrol Price May Rise to ₦1,163 as Tinubu’s New Tariff Targets ₦4.8 Trillion…
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…
Nigerians held N4.47 trillion in cash outside the banking system in September 2025, despite a contraction in…
Reps Launch Probe into Multiple Bank Charges, Excessive Tax Deductions on Workers’…
The House of Representatives has set up an ad-hoc committee to investigate widespread complaints over excessive tax…
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…
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…
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…
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…
FG Launches Automated Customs Payment System to Revolutionize Parcel Clearance in…
The Federal Government has unveiled the Nigerian Postal Service (NIPOST) Automated Payment Solution, a digital…
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…
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…
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.…
Bank of Ghana Confident Inflation Will Drop Further by Year-End as Cedi…
The Bank of Ghana (BoG) is expressing optimism that inflation will continue to fall before the end of 2025,…
Cooking Gas Price Surge Threatens Nigeria’s Clean Energy Transition Goals
The sharp and persistent surge in cooking gas prices across Nigeria is endangering the country’s clean energy…