HomeBusiness

Business

News

Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office operating within the OSGF. Three permanent secretaries — M.S. Danjuma, Nadungu Gagare and Richard P. Pheelangwah — were suspended. ICPC says its wider investigation into fake agencies and government process...
News

Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and threats of violence at checkpoints. One traveller alleges officers tried to create a situation where he could be shot and labelled an IPOB or ESN member. Evidence cited in the...

Keep exploring

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.
Business

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.
Business

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.
Business

Tinubu Nominates Taiwo Oyedele as Minister of State for Finance

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

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.
Business

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.
Load more

Latest articles

News

Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office...
News

Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and...
Politics

Adeleke Meets Tinubu, Presents Certificate of Return After Osun Victory

KEY POINTS Ademola Adeleke presented his Certificate of Return to President Bola Tinubu after...
News

23-Year-Old Boko Haram Fighter Surrenders to Nigerian Troops

KEY POINTS 23-year-old suspected Boko Haram fighter Ali Saidiq surrendered to troops in Borno...