Business

Nigerian Shippers’ Council recovers over N197bn for port users

Paul Dada

1 month ago

“The majority of complaints were lodged against shipping companies and their agents, with arbitrary charges and container deposit refund disputes…

Tinubu unlocks major deepwater investment with resolution of OPL 245 dispute

Ayorinde Oluokun

1 month ago

President Bola Ahmed Tinubu described the agreement as a strategic milestone in Nigeria's economic reform agenda, reaffirming the administration's commitment…

Naira slides for ninth day in a row, losing N37.85 against dollar

Femi Fabunmi

1 month ago

External reserves are funds held by the country’s central bank to help support the national currency, manage international payments, and…

Nigeria targets faster trade processes with National Single Window Platform

Paul Dada

1 month ago

According to him, the first phase will enable online processing of import permits, electronic submission of cargo manifests, and the…

Nigeria set for big shift in trade processing system

Oluwapelumi Oluwayemi

1 month ago

The Chief of Staff to the President, Femi Gbajabiamila, disclosed this during a stakeholders’ meeting held at the State House…

Iran Vs US: War fallout hits homes in Nigeria as cooking gas price skyrocket

Femi Fabunmi

1 month ago

The conflict involving the United States, Israel and Iran has affected production and major shipping routes, leading to higher international

FirstBank opens N100m Property Loan Window under MREIF Initiative

Kazeem Ugbodaga

1 month ago

Backed by a N1 trillion MREIF fund designed to bridge Nigeria’s housing deficit, the initiative empowers Nigerians with long-term, low-cost…

Vaib Brand announces Pointek as official retail partner in Nigeria

Michael Adesina

1 month ago

Vaib Brand, an innovator in the premium audio and kitchen products and accessories market, has announced the signing of Pointek…

Belgium sets €10m bail for seized Russian shadow fleet tanker

Isa Isawade

1 month ago

The shadow fleet referred to a network of tankers used by Moscow to circumvent the international oil price cap imposed…

GSMA and Zindi Launch Landmark African AI Safety Challenge to Shape Global Standards for Trustworthy AI

Ayorinde Oluokun

1 month ago

The African Trust & Safety LLM Challenge will run from 4 March to 19 April 2026 on the Zindi platform.…

Developing Africa Group Launches Eligibility Test to Help Africans Earn Above Minimum Wage

Michael Adesina

1 month ago

Developing Africa Group (DAG) has unveiled a pilot initiative designed to empower African graduates and skilled individuals to earn above…

How I built Sujimoto with grit, pain, patience – Sijibomi Ogundele

Michael Adesina

1 month ago

For him, Lucrezia was never a line item on a balance sheet; it was a statement of purpose. He believed…

Davos 2026: Infrastructure and Inclusion Overtake Crypto Speculation

Ayorinde Oluokun

1 month ago

While headlines at Davos may focus on political posturing and strategic reserves, the enduring legacy of this era will likely…

Zeuswrap: Why More Nigerians Should Invest in Nigeria’s Automotive Sector

Michael Adesina

1 month ago

As Nigeria’s automotive sector continues to grow in leaps, with roughly 720,000 vehicles sold annually, consumer demand is real and…

Nigeria, AFC seal $1.3bn for alumina refinery, others

Ayorinde Oluokun

1 month ago

The project would be Nigeria’s largest private mining investment and a landmark foreign direct investment, contributing 1.2 billion dollars to…

Dangote Cement revenue hits N4.31trn as profit tops N1trn

Ayorinde Oluokun

2 months ago

Chief Executive Officer, Arvind Pathak, said: “2025 was a landmark year as we delivered exceptional financial performance.

NGX All-Share Index falls to 192,826.78 amid heavy sell-off

Paul Dada

2 months ago

They appreciated by 0.71 per cent, 0.13 per cent, 2.35 per cent, 3.11 per cent, 0.92 per cent, 1.25 per…

BUA Cement Plc posts N356bn profit after tax

Paul Dada

2 months ago

Its operating profit more than tripled to N504.55 billion in 2025, compared with N144.30 billion recorded in 2024, in spite…

Tinubu hails Lebara Nigeria launch as boost to digital Economy

Paul Dada

2 months ago

He acknowledges that investments of this nature are critical to deepening financial inclusion, enabling innovation, and accelerating economic growth.

Where Is the Best Place to Sell Gift Cards for Instant Cash in Nigeria? (Why GCBUYING Leads in 2026)

Ayorinde Oluokun

2 months ago

Selling gift cards for Naira is not as simple as uploading a code and waiting for payment. But GCBUYING has…

Court orders stay of execution on appointment of administrator in AMNI Petroleum’s case

Isa Isawade

2 months ago

"In the result, the Judgment Debtor/Applicant’s AMNI INTERNATIONAL PETROLEUM DEVELOPMENT COMPANY application for stay of execution pending appeal dated and…

Lagos, CWEIC unveil ‘Invest Summit 3.0’ to boost Global Investment Visibility

Kazeem Ugbodaga

2 months ago

Sanwo-Olu stated that previous editions strengthened global engagement with capital providers and catalysed conversations around bankable projects.

Transcorp Group posts record FY 2025 results; PBT hits N179.5bn

Michael Adesina

2 months ago

Transnational Corporation Plc, listed on the Nigerian Exchange as TRANSCORP, has announced audited full year 2025 results showing record financial…

Seplat Energy posts 144% revenue growth, hits $2.73bn in 2025

Paul Dada

2 months ago

Gas production was also projected to increase by 30 per cent, driven by contributions from the ANOH Gas Plant, improved…

NUPR sets deadline for Licensing Round applications

Paul Dada

2 months ago

The NUPRC, in a statement signed by its management, said the notice was in accordance with Section 11.2 of the…

NECA, CPPE, stockbrokers welcome CBN’s MPR cut, urge broader reforms

Ayorinde Oluokun

2 months ago

They said the decision of the Monetary Policy Committee, announced by the CBN Governor, Olayemi Cardoso, reflected improving macroeconomic fundamentals…

Harmony Gardens breaks $1bn barrier with Lekki expansion drive

Michael Adesina

2 months ago

Harmony Garden & Estate Development Limited has expanded its development activities across Ibeju-Lekki, pushing the projected long-term value of its…

NGX bleeds N1.14trn as investors react to MPC decision

Ayorinde Oluokun

2 months ago

The action of the MPC triggered massive selloffs in stocks such as Daar Communications, Tantalizers, BUA Foods, Ellah Lakes, Japaul…

Cardoso: 20 Banks meet requirements for recapitalisation

Ayorinde Oluokun

2 months ago

The CBN had in 2024 announced a major bank recapitalisation programme requiring Nigerian banks to raise higher capital bases within…

Survey shows Nigeria’s tax ID portal Is user-friendly, efficient

Femi Fabunmi

2 months ago

Government officials added that the unified database will prevent confusion from multiple tax numbers across states and improve revenue administration.…

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