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Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.
News

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

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Business

Oando Expands Into Mining Amid Global Lithium Boom

Oando Mining expands lithium exploration push as Wale Tinubu steers Oando Plc beyond oil into new frontiers of Nigeria’s mineral and energy landscape.
Business

Nigeria’s New Mining Boom: 8 Entrepreneurs In Mining

Nigeria’s new mining boom is redefining wealth creation as local entrepreneurs turn gold, lithium, and rare earths into legitimate billion-naira enterprises.
Business

UBA Third-Quarter Profit Reports ₦537.5 Billion Profit

UBA posts N537.5 billion profit in Q3 2025, boosting its capital strength and reaffirming investor confidence through disciplined growth and recapitalisation.
Business

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa
Business

Otedola Donates ₦4bn for Augustine University Engineering Block

Femi Otedola donates ₦4 billion to build a state-of-the-art electrical and electronics engineering block at Augustine University.
Business

GTCO Q3 Profit Before Tax Rises 39 Percent to N299.9 Billion

GTCO reports a 39 percent year-on-year rise in Q3 profit before tax to N299.9 billion, driven by solid core income growth and strong asset performance.
Business

OpenAI Plans $1 Trillion IPO, Expands Rapidly

OpenAI, with Adebayo Ogunlesi on its board, is reportedly preparing for a $1 trillion IPO by 2026 to finance global AI expansion.
Business

Abubakar Isa Appeals Court Ruling Over Teleology Shares

Alhaji Abubakar Isa challenges the Federal High Court’s ruling over the alleged illegal transfer of 43 million Teleology shares.
Business

Access Holdings Profit Falls 23 Percent Despite Rise in Earnings

Access Holdings reports higher revenue but a 23 percent profit fall in H1 2025, hit by weaker forex gains and rising impairment charges.
Business

Abdul Samad Rabiu Nears $10 Billion Mark as BUA Stocks Surge

Abdul Samad Rabiu’s fortune climbs to $9.2 billion, powered by soaring BUA Foods and BUA Cement shares, rising dividends, and a stronger naira.
Business

Nigeria Imposes $11.5 Passenger Security Levy Starting December

Nigeria’s NCAA introduces a $11.5 APIS levy from December 1, adding to air travel costs and drawing industry criticism over multiple taxation.
Business

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.
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News

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.
News

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.
News

Oil Prices Rise as Supply Risks Keep Markets Alert

Crude oil prices moved higher as traders weighed tightening supplies, geopolitical risks, and steady demand signals across major energy consuming economies worldwide.
Business

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.

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