HomeBusiness

Business

News

ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings were moved because of security risks. Union accuses management of hiding security concerns from staff and students. The Academic Staff Union of Polytechnics, ASUP, Federal Polytechnic Offa Chapter, has directed all...
News

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued and taken to hospital. LASEMA urged developers to use certified professionals. A two-storey building undergoing manual demolition has partially collapsed in the Aboru area of Alimosho Local Government Area of Lagos...

Keep exploring

Business

NCDMB Launches $40 Million Funding for Female-Led Oil Firms

NCDMB launches $40 million fund to boost female-led businesses, aiming to close gender gap in Nigeria's oil and gas industry
Business

PTML Customs Reports N288 Billion Revenue Surge

PTML Command set a record with N288 billion revenue in 2024, marking 34.8% growth and enhanced enforcement efficiency.
Business

Nigeria’s Black Market Dollar Rate Now ₦1,740/$ As Demand Rises

Naira trade in NGN/$ at the PMA at ₦1,740/$ and the official rate touches ₦1,678.87/$.
Business

Transforming Global Agriculture and Economics

The rise of agribusiness transforms global food production and economies while driving environmental shifts and challenging small-scale farmers' livelihoods
Business

Court Issues Arrest Warrant for Dana Air MD Over Alleged N1.3bn Fraud

Dana Air MD Hathiramani Ranesh faces an arrest warrant for failing to appear in court over an alleged N1.3 billion fraud case
Business

Why Exporters Are Struggling

Nigeria’s nonoild export growth is stifled by rising costs, high interest rates and policy restrictions.
Business

Dangote Refinery Accuses Competitor of Selling Substandard Petroleum Products

Dangote Refinery calls out substandard fuel imports in Nigeria and urges government action to protect local industries
Business

Electricity Tariff Hikes: What Nigerians Are Saying

Tariff hikes deepen frustration as Nigerians face rising energy costs and unreliable service, straining households and businesses alike.
Business

Yuletide drives Petrol Consumption to 50 million Litres

Nigeria’s daily fuel demand climbs to 50 million liters ahead of the yuletide, despite subsidy removal and price hikes
Business

Access Bank eyes Dollar-denominated securities deal with DFIs

Access Bank plans a dollar securities sale in two tranches, leveraging Nigeria’s successful $900 million bond to boost capital and growth.
Business

Nigeria’s $618 Million Borrowing for Attack Jets: Addressing Insecurity at Economic Cost

Nigeria’s approval of a $618 million loan for attack jets addresses rising insecurity but prompts questions on economic impact and sustainable security solutions.
Business

Nigeria Loses N36 Trillion Annually to Untitled Land Ownership

Nigeria's real estate sector loses N36 trillion yearly due to untitled land, exposing challenges in the informal ownership system.
Load more

Latest articles

News

ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings...
News

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued...
News

NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg...
News

Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards...