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Business

Nigeria's Stock market extends its negative trend on Thursday, wiping out N2.179 trillion from investors wealth

Investors lose big as stock market sheds N2.18trn

Meanwhile, Wyoming Capital and Partners attributed the recent bearish trend in the stock market to investors’ adjustment to the new…
Otedola

Otedola raises stake in First HoldCo to 20.42% after N30bn share acquisition

“The private placement has been completed and Otedola acquired about 680.8 million shares, investing nearly N30 billion in the HoldCo.…

The New Job Survival Kit: 10 skills every young Nigerian needs

The world is changing fast. Workers who can learn new skills quickly and adjust to change will do well in…
External reserves

Nigeria’s foreign reserves increase by over $1 billion in two weeks

Overall, Nigeria's foreign reserves have increased by more than $11 billion over the past year, strengthening the country's ability to…

Delborough Lagos raises the bar with Michelin-starred Culinary masterstroke

Hospitality experts view such developments as important milestones for the continent's luxury tourism and lifestyle sectors.
How AI is reshaping small business operations in 2026

How AI is reshaping small business operations in 2026

This shift matters because small business owners need clear results, not hype. The right AI setup can remove repetitive tasks,…
Petrol

Relief for Nigerians as Dangote slashes petrol price

The price adjustment, announced in a circular to fuel marketers on Monday, follows the easing of geopolitical tensions in the…
Inflation

Nigeria’s Inflation climbs to 15.93% in May, food prices still bite

The May 2026 headline inflation rate of 15.93 per cent was substantially lower than the 26.06 per cent recorded in…

Global Rankings: Two Nigerian Ports ranked among top 20 in the world

Nigeria’s ports have been ranked among the 20 most improved ports in the world, according to the World Bank’s 2025…
LSETF

LSETF disburses ₦15bn loans to businesses, creates 320,000 jobs in 10 years

According to her, the agency has also helped preserve more than 173,000 jobs that could have been lost, while over…
IMF commends Nigeria’s reforms, urges sustained efforts on poverty, Inflation

Cost of living set to rise as IMF calls for new taxes in Nigeria

It warned that rising global prices of fuel, food, and fertiliser could increase inflation and worsen living conditions for low-income…

Femi Otedola returns to school

According to Forbes, Otedola's net worth is estimated at more than $1.5 billion, making him one of Nigeria's wealthiest businessmen.

Nigeria’s richest men: The industries fueling their fortunes

Ultimately, the stories of Nigeria's wealthiest businessmen reveal a consistent pattern: identify opportunities in critical sectors, invest for the long…
NGX

Investors gain N1.38tn as NGX extends bullish run

This is in contrast with a total of 3.966 billion shares valued at N175.659 billion that exchanged hands last week…

VAT collections jump 17% as Nigeria records ₦2.42 trillion in three months

Nigeria recorded a strong increase in Value Added Tax (VAT) collections in the first quarter of 2026, reflecting improved economic…