Business

Breaking: Nigeria’s Inflation balloons to 15.69% in April

Kazeem Ugbodaga

3 weeks ago

Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, up from 15.38 per cent recorded in March,…

Dangote Refinery drags NNPC, Marketers to Court over Fuel Imports

Kazeem Ugbodaga

3 weeks ago

Dangote Refinery has reopened its legal battle against fuel importation in Nigeria, filing a fresh suit seeking the cancellation of…

Lagos targets N16.14tn Food Economy with Mega Infrastructure push

Kazeem Ugbodaga

3 weeks ago

The Lagos State Government has intensified efforts to transform agriculture into a multi-trillion-naira economic sector, unveiling major infrastructure and market…

APM Terminals pledges $600m for Nigerian ports

Ayorinde Oluokun

3 weeks ago

In another meeting, Tinubu received executives of Winme Group where discussions focused on investment opportunities across logistics, shipping, mining, and…

UNIPGC, Gicobat seal major investment deal in Côte d’Ivoire

Kazeem Ugbodaga

3 weeks ago

A major investment partnership aimed at unlocking funding for capital-intensive projects in Côte d’Ivoire has been sealed between Noble &…

APM Terminals commits fresh $600m Investment in Nigeria

Kazeem Ugbodaga

3 weeks ago

Global port operator APM Terminals has pledged a fresh $600 million investment in Nigeria’s maritime sector, in a move expected…

REA, FCMB, others launch $188 million Fund to finance 191mw Solar Capacity

Kazeem Ugbodaga

3 weeks ago

The Green Finance Investment Facility (GFiF), a blended finance platform to mobilise large-scale private and institutional investment into distributed renewable…

FG to unveil new cotton, textile policy – Enoh

Ayorinde Oluokun

3 weeks ago

Enoh said the policy framework would provide broad guidelines for the sector and attract both local and foreign investments into…

Lagos disburses N1.933bn loans, grants to boost small businesses

Kazeem Ugbodaga

3 weeks ago

The Lagos State Government has disbursed a total of N1.933 billion in loans and grants to micro, small and medium…

Iran: Prime Minister Modi tells Indians to keep expenses minimal

Isa Isawade

3 weeks ago

The Prime Minister has ordered a 50 per cent reduction in the size of his official convoy and directed greater…

What Trump’s upcoming China state visit will lead to – experts

Isa Isawade

3 weeks ago

“They control more than 40 per cent of global GDP, and the decisions they make have serious repercussions on countries…

Lagos Targets Massive Infrastructure Expansion With N1.4tn Capital Investment

Kazeem Ugbodaga

3 weeks ago

The Lagos State Government has earmarked over N1.4 trillion for major infrastructure projects in 2026 as part of efforts to…

Lagos Set To Host 1,000 Global Investors At Major Investment Summit

Kazeem Ugbodaga

3 weeks ago

The Lagos State Government has intensified efforts to position the state as Africa’s leading investment and business hub with plans…

FG in fresh $1.25bn World Bank loan talks

Kazeem Ugbodaga

3 weeks ago

The Federal Government is in advanced negotiations with the World Bank for a fresh $1.25 billion loan, aimed at bolstering…

Dollar strengthens, Naira Slides to ₦1,375 in official market

Femi Fabunmi

3 weeks ago

The naira has lost value again against the US dollar, closing at ₦1,375/$ in the official foreign exchange market on…

Oil surges above $100 as Trump-Iran ceasefire teeters, global markets tremble

Kazeem Ugbodaga

3 weeks ago

Global oil prices climbed sharply on Tuesday while major stock markets retreated after United States President Donald Trump declared that…

FCMB Asset Management rebrands Mutual Funds, cuts Investment entry thresholds

Kazeem Ugbodaga

3 weeks ago

FCMB Asset Management Limited has announced the rebranding of four of its mutual funds following regulatory approval from the Securities…

CBN warns states over rising debt, short-term borrowing habit

Femi Fabunmi

3 weeks ago

A police officer, Inspector Abdulkadir Garba, popularly known as “Buratai,” has died after he was struck by lightning while carrying…

China’s zero-tariff policy on African countries: What implications for global trade?

Ayorinde Oluokun

4 weeks ago

China-African trade receipts show that African countries largely export raw materials such as oil, copper, cobalt, and agricultural products, while…

FirstHoldCo Posts ₦321.1bn Q1 Profit As Gross Earnings Rise To ₦942bn

Kazeem Ugbodaga

4 weeks ago

First HoldCo Plc has reported a strong financial performance for the first quarter of 2026, with profit before tax rising…

FirstHoldCo hits ₦3.4trn Gross Earnings despite 79% Profit crash

Kazeem Ugbodaga

4 weeks ago

First HoldCo Plc has announced a 6.9 per cent increase in gross earnings to ₦3.4 trillion for the financial year…

Kano govt inaugurates committee to recover alleged N1.8bn illegal salary deduction

Isa Isawade

4 weeks ago

“Government subsequently engaged an independent audit firm to investigate the deduction, and the reports were presented before the council."

Naira nears key N1,350/$ mark as FX market confidence improves

Femi Fabunmi

4 weeks ago

The naira gained almost N10, closing at N1,357 per dollar, compared to N1,375.5/$ at the beginning of May. This means…

Truecaller flags Nigeria as Africa’s spam call capital

Femi Fabunmi

4 weeks ago

Nigeria has been ranked the most spammed country in Africa, according to a new report by Truecaller has shown. The…

Oil prices crash as US-Iran deal hopes calm Global Markets

Kazeem Ugbodaga

4 weeks ago

Global oil prices continued their downward slide on Thursday as growing optimism over possible diplomatic progress between the United States…

I didn’t quit media; I expanded into real estate – Alefia

Michael Adesina

4 weeks ago

Alefia Friday James, publisher of Naija News Today, has shed more light on his entry into the real estate sector,…

₦5m, ₦10m Zero-interest Loans: SheVentures Opens Applications for Women Entrepreneurs

Kazeem Ugbodaga

4 weeks ago

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up…

Dangote cuts petrol price back to N1,275 after brief increase

Femi Fabunmi

4 weeks ago

Dangote Refinery has reduced its petrol price back to N1,275 per litre, just hours after increasing it to N1,350.

Breaking: Zenith Bank founder Jim Ovia retires as Chairman, Bello takes over

Kazeem Ugbodaga

4 weeks ago

Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia, marking the end of a…

Closing the SME Financing Gap: Nigerian Indonesian Chamber of Commerce and Industry leads Strategic Dialogue

Michael Adesina

4 weeks ago

The Nigerian Indonesian Chamber of Commerce and Industry (NICCI) successfully hosted its April 2026 Bi-Monthly Meeting at the Nigerian Institute…

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