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Business

Chinese Ambassador to Nigeria, Yu Dunhai, says U.S tariffs on global trade will bolster China-Nigeria economic and trade ties

U.S. tariff policies ‘ll bolster China-Nigeria economic ties – Envoy

The Chinese Ambassador emphasised that the U.S. tariff controversy had the potential to engender mutual cooperation between the Nigeria and…
Ojulari: President Tinubu urged to ignore 'sponsored' protests against NNPCL boss — NFI

NNPC Ltd: Ojulari pledges $60bn investments, 3mbpd crude production

Ojulari unveiled the bold steps at a town hall meeting with the NNPC Ltd. staff in Abuja, according to a…
Outgoing President of AfDB, Akinwunmi Adesina, beg for forgiveness from those he may have offended in the course of discharging his duty.

The shocking truth that keeps Africa poor – Adesina speaks out

The former Nigerian Minister of Agriculture argued that exporting unprocessed commodities benefits foreign economies more than it does African nations,…

CSOs call for probe of ex-NNPCL GMD over $1.5bn investment in Port Harcourt Refinery

By Perpetua Onuegbu A Coalition of Civil Society Organisations has called for investigation into the $1.5 billion investment in Port…
Indomie

Indomie launches hunt for brave Nigerian Children in 17th Heroes Awards

“When we launched this initiative in 2008, our goal was clear—to recognize children who display uncommon courage, whether by risking…
Access Holdings

Access Holdings smashes records with N4.9 trillion earnings in 2024

Interest income rose by 110% to N3.480 trillion, while non-interest income grew by 47.8% to N1.397 trillion. Profit before tax…
Dangote Refinery

Dangote Refinery again slashes petrol price, now ₦835/litre

The new price represents a ₦30 reduction from ₦865 per litre implemented six days ago, marking a 3.5 per cent…
The Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, breaking a two-day bearish run with a market gain of N19 billion.

Stock market rebounds with N19bn gain

The NGX market capitalisation rose by N19 billion or 0.03 per cent, ending at N65.704 trillion, up from N65.685 trillion…
Inflation

Price explosion: Nigeria’s inflation soars to 24.23% in March 

The latest figures from the National Bureau of Statistics (NBS) paint a grim picture for Africa’s largest economy, showing sharp…
CBEX

How CBEX exploited regulatory loopholes to swindle millions from Nigerians

The collapse of CBEX has had a profound impact on its investors, many of whom invested their life savings.
Stock Market

Traders Panic as Stock Market dips by N21Bn: Week kicks off with losses

Leading the gainers’ pack was ABBEY Mortgage Bank, surging 9.95% to close at N6.74 per share. UPDC Real Estate Investment…
FCMB

FCMB’s training programme is transforming our businesses – Entrepreneurs

The sessions focused on financial literacy, digital marketing, business planning, and sustainable growth strategies. Participants also benefited from free business…
Moniepoint

UK backs Moniepoint to boost trade with Nigeria

Moniepoint operates as a comprehensive financial ecosystem—providing seamless payments, digital banking, credit, business management, and cross-border solutions to over 10…
Nigeria’s gas export dips following sabotage attacks on a major pipeline in Bayelsa feeding NLNG export terminal being operated by Oando PLC

Nigeria’s gas export dips after attacks on Oando pipeline in Bayelsa

Oando PLC confirmed that the facility, the Ogboinbiri-Obiobi 24-inch Gas Pipeline between Angiama and Angiamagbene in Southern Ijaw Local Government…
Market

Market bleeds ₦141bn in a day MTN, Oando drag NGX down

The All-Share Index fell by 224.91 points to close at 104,563.34, compared to Thursday’s 104,788.25, while market capitalisation tumbled from…
Stock Market

Bull surge: Investors rake in N377bn as Nigerian Stock Market roars back to life

However, not all stocks shared in the day’s euphoria. On the losers’ end, ABC Transport shed 10 per cent, closing…
Jim Ovia

Nigerian business leader, Jim Ovia, honoured with historic freedom of the city of London

The Freedom of the City of London, a time-honoured tradition dating back to the 13th century, is one of the…
KCCI

KCCI, FGBMI set to host Business Conversation on Visionary Leadership

According to Joe Femi-Dagunro, Founder and President of KCCI, the Business Conversation is designed to unveil real-life stories and actionable…
U.S.

Tariff Tornado: Trump redraws Global Trade in 80 days

Barely two weeks later, on February 1, the president announced a 25% tariff on exports from Canada and Mexico to…
China

Trade war explodes: China hits U.S. with shocking 84% Tariff

In response, China has filed a fresh complaint with the World Trade Organization (WTO), accusing the U.S. of “bullying tactics”…
CBN

CBN shocks critics with $6.83bn Surplus: Nigeria’s economy roars back

“International Money Transfer Operator inflows surged by 43.5 per cent to 4.73 billion dollars, up from 3.30 billion dollars in…
Naira

No turning back! FG vows to enforce Naira-for-Crude sales

The session brought together key government and industry stakeholders to assess the progress made so far and resolve emerging implementation…
WTO

US-China trade war risks 80% drop in global trade – WTO warns

“The escalating trade tensions between the United States and China pose a significant risk of a sharp contraction in bilateral…
Nigerian Customs Service (NCS) intercepts controlled drugs valued at over N18 million at the Mfum Border in Cross River State.

Customs intercepts controlled drugs in Cross River

The confiscated items included 37 units of Phenobarbital Sodium Sterop 100mg, 216 units of Pethidine 100mg Solution Injection, and 108…
Air Peace Limited announce plan to commence direct international flight services from Abuja to London Heathrow and London Gatwick airports.

Air Peace introduces new boarding procedure

In the statement signed by the airline’s Head of Corporate Communications, Dr Ejike Ndiulo, Air Peace said the new boarding…
Dozie

Founder of defunct Diamond Bank Pascal Dozie dies at 85

The business tycoon was born on April 9, 1939 in Egbu, Owerri, Imo State. He earned a Bachelor’s degree in…
Cardoso

$23bn net foreign exchange reserves ‘ll stablise exchange rate- Uwaleke

The CBN recently revealed that the NFER stood at 23.11 billion dollars at the end of 2024, their highest level…
Naira

Naira takes a hit, official rate falls 0.93% against US Dollar

Despite a period of relative stability since December 2024, fueled by CBN reforms aimed at increasing transparency in the forex…
Stock Market

Stock Market shudders: Market loses N8 billion amid investors panic

The decline was largely attributed to portfolio adjustments as investors sought dividends, leading to a wave of selling activity. Despite…
Nigeria’s first-ever domestic US dollar bond wins West Africa Deal of the Year award at the 2025 Global Banking & Markets Africa Awards

Nigeria’s domestic dollar bond issue wins West Africa Deal of the Year Award

Announced by the Debt Management Office (DMO) on August 19, 2024, the bond initially targeted $500 million but was oversubscribed…
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