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Nigerian Navy Rescues Crew From Distressed Vessel

The Nigerian Navy rescued 10 crew members from MV SEMA III, reinforcing maritime safety and demonstrating rapid response capabilities along Nigeria’s southeastern coastal waters
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Cosmas Maduka Says Coscharis Could Make Him Worth $5 Billion if Listed

Cosmas Maduka says his Coscharis Group could make him worth $5 billion if listed, after 50 years of business growth.

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Business

Dangote Refinery Reduces Petrol Ex-Depot Price to ₦835 Per Litre

KEY POINTS Dangote Refinery has reduced the ex-depot price of petrol to ₦835 per...
Business

Reps Order Remita to Refund N182 billion Over TSA Discrepancies

The House of Representatives has ordered Remita to refund N182.77bn to the Federal Government following a forensic audit uncovering discrepancies in the TSA.
Business

Nigeria Needs More Actuaries to Strengthen Financial Sector

Nigeria faces a shortage of qualified actuaries. The FRC is addressing this gap by supporting educational initiatives to train 2,000 professionals.
Business

Nigeria’s Inflation Surges to 24.23% as Food Prices Bite Harder

KEY POINTS Nigeria's inflation accelerates to 24.23% in March, with food prices rising 21.79%...
Business

Nigerian Investors Lose Over N1.3 Trillion as Digital Trading Platform CBEX Collapses

KEY POINTS CBEX, a digital trading platform, collapsed after allegedly defrauding Nigerian investors of...
Business

FAAC Allocates N1.6 trillion to FG, States, LGs

FAAC allocates N1.578 trillion to the Federal Government, States, and Local Government Councils, based on the revenue for March 2025.
Business

Businessman Sentenced, Wristwatch Forfeited For Refusing Naira

Uzondu Chimaobi sentenced to four years in prison for refusing to accept Naira as payment, violating Nigerian law on legal tender.
Business

Guinea Invites Nigerian Businesses to Invest in $20bn Projects

Guinea invites Nigerian businesses to invest in $20bn mega projects, focusing on mining and infrastructure, to strengthen bilateral ties and economic collaboration.
Business

FG Forms Panel to Assess Economic Impact of US Tariffs

The Nigerian government establishes a subcommittee to evaluate the economic effects of US tariffs, particularly concerning oil prices and foreign investment.
Business

Nigeria’s Crude Oil Production Drops to Record Low

KEY POINTS Nigeria's crude oil production dropped to 1.603 million barrels per day in...
Business

Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...
Business

FG, AfDB Launch Special Agro-Industrial Zones Plan in Cross River

FG and AfDB launch SAPZ in Cross River, aiming to transform agriculture and create jobs while ensuring food security across Nigeria
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Nigerian Navy Rescues Crew From Distressed Vessel

The Nigerian Navy rescued 10 crew members from MV SEMA III, reinforcing maritime safety and demonstrating rapid response capabilities along Nigeria’s southeastern coastal waters
News

Cosmas Maduka Says Coscharis Could Make Him Worth $5 Billion if Listed

Cosmas Maduka says his Coscharis Group could make him worth $5 billion if listed, after 50 years of business growth.
News

PFN, Islamic Council Clash Over Claims of Christian Genocide in Nigeria

PFN and Islamic Council clash over claims of Christian genocide as Trump’s remarks spark fresh debate on Nigeria’s security crisis.
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CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.

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