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BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
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Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.

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Business

Tragic End in Lagos: Banker’s Despair Leads to Heartbreaking Suicide

A Lagos banker, Amarachi Ugochukwu, ends her life due to economic struggles, leaving behind a heart-rending note."
Business

FG Seizes Control of 3 Major Banks Amid Regulatory Failures

Nigerian government seizes control of Union, Polaris, and Keystone Banks amidst regulatory and corporate governance crises.
Business

ANLCA Backs Customs Service to Hit N5 Trillion Revenue Goal in 2024

The Association of Nigerian Licensed Customs Agents (ANLCA) commits to aiding the Nigeria Customs Service in achieving an ambitious N5 trillion revenue target for 2024.
Business

Nigeria’s Economic Downturn: Capital Importation Plummets Amidst Positive Road Safety Trends

Q3 2023 reveals a significant drop in Nigeria's capital importation.
Business

Nigerian Stocks Defy Election Jitters, Set to Sustain Bullish Run in 2024

Nigeria’s stock market has surprised many analysts by posting a remarkable performance in 2023,...
Business

Nigeria’s Economy Suffers as Foreign Investment Hits 11-Year Low

Nigeria, Africa’s largest economy, has seen a sharp decline in foreign investment in the...
Business

Nigeria’s Livestock Sector Gets a Boost from Federal Ministry 

The Federal Ministry of Agriculture and Food Security (FMAFS) has reaffirmed its commitment to...
Business

CBN to Crack Down on Fintech Fraud With New Guidelines

The Central Bank of Nigeria (CBN) is planning to introduce corporate governance guidelines for...
Business

Nigerian and African Airlines Struggle as Global Aviation Sector Soars in 2024

The global aviation industry is expected to generate a record revenue of $964 billion...
Business

Nigeria’s Steel Revival: FG Secures N35bn Funding for Ajaokuta Mill

  Nigeria’s quest to revive its steel industry has received a major boost as the...
Business

Meta’s Subsea Cable Project Faces Delay in Nigeria

Meta, the company formerly known as Facebook, has missed its November target to land...
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
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News

BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
News

Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.
News

Nigeria’s next-gen satellites set for 2028 launch

NIGCOMSAT Managing Director Jane Egerton-Idehen says Nigeria's satellite program has entered its execution phase, with two new satellites set for launch in 2028 and 2029.
News

Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.

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