Business

Lagos moves to end blackout culture with 24-hour electricity plan

Kazeem Ugbodaga

3 weeks ago

Lagos State Government on Monday unveiled an ambitious roadmap to end the “culture of blackouts” and establish a 24-hour electricity…

West African ports key to global economy — NPA Boss

Femi Fabunmi

3 weeks ago

The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, has said that ports in West and Central Africa…

Why we’re delaying release of Quarterly Budget Implementation Reports – FG

Kazeem Ugbodaga

3 weeks ago

The Federal Government has defended the delay in the publication of recent Quarterly Budget Implementation Reports, insisting that fiscal years…

Diaspora-led projects key to Nigeria’s FDIs – Winhomes boss

Michael Adesina

3 weeks ago

Founder and Chief Executive Officer of Winhomes Global Services Ltd, Engr Stella Okengwu, has explained how diaspora-led initiatives can help…

Experts attribute rising cooking gas prices to Middle East tensions, forex volatility

Isa Isawade

3 weeks ago

“If the government is sincere about ensuring cleaner energy for Nigerians, then cooking gas should be affordable and readily available...

Indian CNG prices increase for second time in a week

Isa Isawade

3 weeks ago

The latest increase comes just two days after CNG prices were raised by Rs 2 per kg on May 15,…

Lagos generates N803bn in three months as Revenue surges across key sectors

Kazeem Ugbodaga

3 weeks ago

Lagos State generated over N803 billion in revenue in the first quarter of 2026, as the state government recorded strong…

Africa’s Youth need jobs, not handouts, Tony Elumelu tells Global Leaders

Kazeem Ugbodaga

3 weeks ago

Nigerian business magnate and Founder of Heirs Holdings, Tony Elumelu, has called for a new era of equal and strategic…

FG celebrates fresh S&P Upgrade amid ongoing Economic Reform push

Kazeem Ugbodaga

3 weeks ago

The Federal Government has welcomed the decision by S&P Global Ratings to upgrade Nigeria’s sovereign credit rating from ‘B-’ to…

Wema Bank fires back at NDIC over Banana Island property controversy

Kazeem Ugbodaga

3 weeks ago

Wema Bank Plc has dismissed allegations surrounding the sale of Banana Island properties allegedly linked to the defunct Gulf Bank…

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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

4 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

1 month 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

1 month ago

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

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