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Business

Sanwo-Olu

Sanwo-Olu inaugurates Irele Tower, boosting LFZ investment drive

Managing Director and Chief Executive Officer of Lagos Free Zone, Adesuwa Ladoja, said the project reflects the zone’s commitment to…
Transcorp Energy, Renewvia Solar partner to drive clean energy access across Africa

Transcorp Energy, Renewvia Solar partner to drive clean energy access across Africa

In a major move to tackle the continent's power deficit, Transcorp Energy Limited and Renewvia Solar Nigeria Limited have officially…
Oceangate

Oceangate Engineering to appeal court’s ruling on asset forfeiture

Onyeaso said the company views the ruling as a civil asset forfeiture order based on suspicion rather than proof. She…
DealMakers AFRICA

DealMakers AFRICA honours top M&A deals, advisers in West Africa

Leading mergers and acquisitions (M&A) transactions and advisory firms across West Africa were recognised at the DealMakers AFRICA Annual Gala…
Oceangate Engineering Oil & Gas LTD

Oceangate Engineering Oil & Gas LTD to appeal Federal High ruling over forfeiture assets

Oceangate Engineering Oil & Gas Limited has said it will appeal to the recent ruling of the Federal High Court…
Stock Market

Investors gain N141 billion as stock market sustains upward momentum

On the gainers’ table, Legend Internet led with a 10 per cent increase to close at N7.26 per share. Premier…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Forex market tension grows as Naira slips to N1,383/$

The naira weakened slightly to N1,383.5 per dollar on Tuesday, down from N1,383 per dollar recorded on Monday, as pressure…
Oceangate boss, Aisha Achimugu

Court orders final forfeiture of $13m linked to Aisha Achimugu in CBN’s account

He said, “Hence, describing the company as ‘a professional oll and gas consortium, operating in diverse sectors of the oil…
Stock Market

Investors gain big as market recoups losses, gains N1.09trn

Airtel Africa, John Holt, Legend Internet and Consolidated Hallmark Holdings led the gainers’ chart by 10 per cent each, settling…
The critical projects undertaken by NNPCL, partners are in line with the commitment of President Tinubu to leverage gas to grow the economy,

Erratic Power: Government steps In to tackle gas crisis

However, some people are worried this could increase Nigeria’s public debt. Also, some power companies disagree with the reported debt…
Cocoa beans are pictured next to a warehouse in the village of Atroni, near Sunyani, Ghana, April 11, 2019. Image via NAN

Cocoa tops list as Nigeria expands non-oil export earnings

Soya bean exports dropped sharply in 2025. This is likely due to lower production in Nigeria and strong competition from…
CBN commits to deepening engagement as Nigeria progresses toward a fully-fledged Inflation Targeting (IT) monetary policy regime.

CBN affirms commitment to inflation targeting monetary policy

The deputy governor said that the transition to an inflation-targeting framework marked a significant shift toward a transparent, forward-looking, and…

Tony Elumelu foundation gives $16 million to African entrepreneurs

These partnerships help expand opportunities and reduce Africa’s dependence on foreign aid.
crude oil

How Nigeria earned $31.54 billion from crude oil exports in 2025

Gas exports and local refining helped support total exports, but rising imports and external payments reduced overall gains.
cocoa farm

Farmers lament as cocoa prices fall sharply across Nigeria

Cocoa farmers in Ondo, Osun, and Ekiti states are struggling after cocoa prices dropped sharply. Many say they are now…
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