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Business

Food vendors

Garri sells below N1,000 as food prices moderate nationwide – NBS

Femi Fabunmi

2 weeks ago

The prices of some major food items in Nigeria, including garri and beans, dropped significantly in April 2026, according to…
Stock Market

Investors lose N1.81tn as profit-taking triggers Stock Market sell-off

Kazeem Ugbodaga

2 weeks ago

Investors on the Nigerian Exchange Limited (NGX) lost a staggering N1.81 trillion on Monday as widespread profit-taking in blue-chip and…
Supreme Court

Supreme Court endorses Unity, Providus bank merger

Femi Fabunmi

2 weeks ago

The Nigerian Supreme Court has approved the merger between Unity Bank and Providus Bank, clearing the way for the two…
CBN

CBN mops up N1.95tn in fresh OMO auction as N3.35tn maturities loom

Kazeem Ugbodaga

2 weeks ago

The Central Bank of Nigeria (CBN) has intensified efforts to rein in excess liquidity in the financial system, absorbing N1.945…
Naira

Report: Naira appreciates N213 against dollar over 12 months

Femi Fabunmi

2 weeks ago

Nigeria’s naira ended May 2026 at N1,372 per US dollar, representing a slight decline from N1,367/$ recorded at the end…
oil and gas

Report shows Nigeria spent £1.1bn on UK refined oil in 2025

Femi Fabunmi

2 weeks ago

Nigeria spent about £1.1 billion on refined petroleum products imported from the United Kingdom in 2025, according to a new…
Banks

Banks lend N15.66 trillion to government in one year – CBN

Femi Fabunmi

2 weeks ago

Banks in Nigeria increased their lending to the federal government significantly over the past year, according to data from the…
NNPCL

NNPC Ltd. records N481bn profit in April

Isa Isawade

2 weeks ago

The development represented a sharp jump from the N276 billion posted in March, the company said in the April Monthly…
First HoldCo

Fitch’s Vote of Confidence: The Story Behind FirstHoldCo’s Resilience

Kazeem Ugbodaga

2 weeks ago

That is why Fitch Ratings' recent affirmation of FirstHoldCo Plc and First Bank of Nigeria Limited at a Long-Term Issuer…
NMDPRA

Dangote refinery slashes petrol, diesel prices again

Femi Fabunmi

2 weeks ago

The refinery further noted that it remains focused on improving local refining capacity and strengthening Nigeria’s energy independence by reducing…
First HoldCo

First HoldCo Shareholders approve N253bn Capital Raise to hit N1tn Capital Base

Kazeem Ugbodaga

2 weeks ago

Shareholders of First HoldCo Plc have approved plans to raise up to N253.099 billion as the financial services group intensifies…
AfDB approves investment of $650 million annually to drive economic transformation, resilience, and broad-based prosperity across Nigeria.

North-East leads as AfDB projects hit $6.2bn in Nigeria

Femi Fabunmi

3 weeks ago

The North-East region received the highest share of African Development Bank (AfDB)-funded projects in Nigeria in 2025, while projects in…
MTN

How MTN’s ‘Live It 100’ Campaign is rewriting brand strategy

Kazeem Ugbodaga

3 weeks ago

MTN Nigeria has launched a major youth-focused campaign known as 'Live It 100,' using music, innovation, gaming, business, and entertainment…
SALI

SALI establishes Lagos operations as it expands into West African Market

Kazeem Ugbodaga

3 weeks ago

Global tools and accessories manufacturer SALI Tools has officially entered the Nigerian market with the establishment of a local office…
Milk

FG, EU, Danish Dairy Board launch ‘Choose Milk’ Campaign in Nigeria

Kazeem Ugbodaga

3 weeks ago

Senior government officials, nutrition experts, healthcare professionals, regulators, development partners, and industry stakeholders on Tuesday convened at the Lagos Marriott…
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