HomeBusiness

Business

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.

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.

Keep exploring

Nigeria’s NNPC/Aiteo Joint Venture Introduces Nembe Crude Oil

NNPC/Aiteo Joint Venture launches Nembe Crude, a new eco-friendly Nigerian crude oil grade in the global market.

Ogbomoso Prepares for Global Impact through Digital, Economic Summit

Ogbomoso's Digital Economy Summit marks a pivotal shift to a tech-driven future, uniting experts and visionaries in transformative dialogue.

Regulatory Breaches Lead to N1 Trillion Property Loss for Investors

Lagos State's property investors face over N1 trillion in losses due to corruption, poor...

FG Vows to Boost SMEs, Calls Them Economy’s Lifeblood

The federal government has vowed to implement policies that will enhance Small and Medium...

BUA Claps Back at Dangote Allegations

In a direct rebuttal to allegations made by Aliko Dangote, BUA Group has issued...

Nestle Nigeria Faces Financial Crisis Due to Naira Devaluation

Nestle Nigeria, the country’s leading food and beverage company, has reported a massive loss...

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...

How Tizeti’s New Funding Will Boost Internet Access in Nigeria

Nigeria’s leading solar-based internet service provider, Tizeti, has secured a long-term debt financing deal...

FEC Greenlights N2.17trn 2023 Supplementary Budget

The Federal Executive Council (FEC) approved a N2.17 trillion supplementary budget for 2023. This...

Nigeria’s Economic Woes Deepen Amid Inflation, FX Shortages

Amid soaring inflation rates and a dwindling foreign exchange (FX) reservoir, Nigeria's economic health...

Tinubu, Scholz Talk Security, Economic Ties in Bilateral Meet

President Bola Tinubu assured German Chancellor Olaf Scholz of Nigeria's dedication to transformative governance...

West Africa Loses Billions to Trade Barriers Along Lagos-Abidjan Highway

The Lagos-Abidjan highway, a 1,028-km road project that aims to connect five coastal countries...

Latest articles

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.

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.

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.

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.