HomeBusiness

Business

Bandits abduct 10 in Kwara palace attack

Suspected bandits have burned part of an Emir's palace and abducted 10 people, including his wives and children, in a midnight attack on a Kwara community.

Army warns of impersonation scam using generals’ names

The Nigerian Army has warned of an impersonation scam in which fraudsters pose as senior officers on Facebook to deceive and defraud unsuspecting members of the public.

Keep exploring

Fidson, NREIT Listings Lift NGX Weekly Turnover

Two new listings lifted Nigeria's stock market last week as NGX weekly turnover reached $127.9 million despite softer volume numbers.

Nigeria Earns $21.87 Billion From EU Trade but Sells Mostly Oil

Nigeria traded $21.87 billion with the EU in 2024, but non-oil goods accounted for just 10 percent of that figure.

Moni Pulo Marks 12 Years, CEO Eyes Gas Growth in Niger Delta

Nigerian indigenous oil producer Moni Pulo marked 12 years of corporate worship services as its CEO announced gas development plans and called it a season of increase.

Dangote Cement Signs $1bn Deal to Hit 80M Tonnes by 2030

Dangote Cement signed a $1 billion deal with China's Sinoma Engineering to expand production across seven African countries, targeting 80 million tonnes per year by 2030.

John Dale and Lawrence Oyor Launch KwikPort to Expand African Access to Global Trade

Entrepreneurs John Dale and Lawrence Oyor launch KwikPort to help African exporters access verified international demand and simplify logistics in Nigeria’s non oil trade

World Bank Warns Nigeria, Other Developing Nations of Looming Jobs Crisis

KEY POINTS The World Bank warns that 1.2 billion young people will enter the...

Aig-Imoukhuede Foundation Opens Oxford Program Applications

The Aig-Imoukhuede Foundation is accepting applications for its sixth Oxford-backed public leadership cohort, fully funding African civil servants through a six-month program.

United Capital Grows Revenue 35 Percent to N58.55bn in 2025

United Capital Plc grew revenue 35% to N58.55 billion in 2025, its strongest annual performance on record, as trading income and fees accelerated sharply.

NPA Cargo Hits 129.3M Metric Tons in Record 2025

Nigeria's ports moved 129.3 million metric tons in 2025, the biggest annual cargo haul in the country's maritime history.

Tinubu Nominates Taiwo Oyedele as Minister of State for Finance

KEY POINTS President Tinubu has nominated Taiwo Oyedele as minister of state for finance...

AMNI Sends Drilling Rig to Okoro Field, Chases 12,000 Barrels Per Day

AMNI International has sent a drilling rig to its Okoro offshore field in Nigeria, targeting peak output of more than 12,000 barrels per day.

Dangote Refinery Taps Three Banks for Record NGX Listing

Dangote Refinery has appointed three investment banks to lead what analysts say could become Africa's biggest-ever stock market listing.

Latest articles

Bandits abduct 10 in Kwara palace attack

Suspected bandits have burned part of an Emir's palace and abducted 10 people, including his wives and children, in a midnight attack on a Kwara community.

Army warns of impersonation scam using generals’ names

The Nigerian Army has warned of an impersonation scam in which fraudsters pose as senior officers on Facebook to deceive and defraud unsuspecting members of the public.

Military vows tight Sallah security in North-East

The Nigerian military has promised tight Sallah security across the North-East, vowing peaceful Eid el-Kabir celebrations despite threats from Boko Haram and ISWAP insurgent remnants.

Tinubu vows four more years of reform

President Tinubu has won the APC presidential primary in a landslide, pledging to set Nigeria on an "irreversible path of economic expansion" if granted a second term.