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Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.
Politics

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.

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Business

Anthony Joshua Quits UK for Dubai Despite Iran War

Anthony Joshua has formally relocated to Dubai, with filings for two of his companies confirming the move despite Iranian drone strikes on the UAE.
Business

Tantita MD Kestin Pondi Gives $570K to 80 Entrepreneurs

Tantita Security Services MD Kestin Pondi handed out N800 million in business grants to 80 entrepreneurs in Delta State, selected from over 26,000 applications.
Business

Dangote Refinery Puts Nigeria First as Oil Hits $100

Dangote Refinery pledged Monday to put Nigeria's domestic fuel market first as the Middle East war pushed crude oil above $100 a barrel.
Business

Dangote Refinery Slashes Petrol Price by ₦100 to ₦1,075 per Litre Amid Falling Global Oil Prices

KEY POINTS Dangote Refinery reduced petrol price by ₦100, bringing the ex-gantry rate down...
Business

Dangote Refinery Raises Petrol Ex-Depot Price to N1,175

KEY POINTS Dangote Refinery increased its petrol ex-depot price to N1,175 per litre and...
Business

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.
Business

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.
Business

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.
Business

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.
Business

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
Business

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...
Business

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.
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News

Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.
Politics

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.
News

Agriculture records 3.15 percent GDP growth to N11.87trillion in first quarter

Nigeria's agricultural sector grew 3.15 percent year-on-year to N11.87trn in the first quarter of 2026, with crop production leading the gains at N8.9trn, the NBS says.
News

Nigeria among world’s most expensive countries for airline operations, says IATA

IATA has named Nigeria one of the world's most expensive countries for airline operations, blaming high taxes and charges that keep local carriers from competing.