HomeBusiness

Business

News

Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.
Politics

Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship candidate in Zamfara State through a consensus process. Marafa pledged to tackle corruption, improve security, strengthen governance, and ensure prudent management of public funds. The NDC also unveiled candidates for...

Keep exploring

Business

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.
Business

Nigeria, UAE Sign Landmark Trade Pact, Open Duty Free Access for Thousands of Products

KEY POINTS Nigeria and the UAE signed a Comprehensive Economic Partnership Agreement to deepen...
Business

Terra Industries Raises $11.75 Million to Scale Defense Systems

Terra Industries raised $11.75 million to scale African defense technology, expanding autonomous systems that secure power plants, mines and other critical infrastructure.
Business

Rabiu Nears Rare $10 Billion Wealth Mark in Nigeria

Abdul Samad Rabiu is closing in on the Nigerian $10 billion wealth mark as BUA Cement and BUA Foods rally amid strong earnings and a booming stock market.
Business

CardinalStone Securities Sets NGX Trading Record in 2025

CardinalStone Securities became the first Nigerian broker to exceed ₦2 trillion in annual NGX transactions, capitalising on a historic rally in the equity market.
Business

Afreximbank Backs Nigerian Trader’s Shift Into Gas Infrastructure

Afreximbank has provided $64 million in financing to support Levene Energy’s entry into Nigeria’s gas infrastructure through an Axxela-linked acquisition.
Business

CBN Sees Nigeria Petrol Prices Rising Toward ₦950 in 2026

Nigeria’s central bank says petrol prices could average about ₦950 per litre in 2026, reflecting oil price assumptions, exchange rate trends and refining capacity.
Business

Wale Tinubu Recalls Axxela Bet That Delivered Outsized Returns

Wale Tinubu recalls how a ₦1 million Axxela investment evolved into a $300 million-plus business, highlighting patience and long-term capital in Nigeria’s energy sector.
Business

Dangote’s Fortune Tops $30 Billion as 2026 Rally Begins

Aliko Dangote starts 2026 with a $410 million gain, lifting his net worth to $30.4 billion as cement shares extend a strong rally.
Business

Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

KEY POINTS NGX market value has crossed ₦100 trillion, a historic first for Nigeria ...
Business

Togo, Niger, Benin Owe Nigeria $17.8 Million for Cross Border Power Supply

KEY POINTS Togo, Niger and Benin owe Nigeria a combined $17.8 million for electricity...
Business

Heirs Technologies Gains NRS Approval to Help Nigerian Firms Meet E Invoicing Rules

KEY POINTS Heirs Technologies is now accredited by the Nigeria Revenue Service as an...
Load more

Latest articles

News

Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.
Politics

Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship...
News

Tinubu at Three Years: Nigeria on the Path to Recovery Despite Challenges

KEY POINTS President Bola Tinubu says Nigeria is undergoing difficult but necessary reforms that...
News

Teachers, Pupils’ Abduction Sparks Protest in Oyo

KEY POINTS Teachers and civil society groups staged a peaceful protest in Ibadan Protesters...