HomeBusiness

Business

Sports

World Cup 2026: Nigerian-American Balogun earns back-to-back Man of the Match awards

Nigerian-American striker Folarin Balogun has earned a second consecutive Man of the Match award after helping the United States beat Australia and reach the World Cup knockout stage.
Business

Economists cite reform impact as Nigeria’s revenue hits N15.8trillion

Economists have credited tax reforms, improved administration and stronger oil earnings for Nigeria's revenue, which hit N15.8tn in the first five months of 2026, up 49 percent.

Keep exploring

Business

MTN Nigeria Becomes Most Valuable Firm on NGX

MTN Nigeria market valuation hits $11.2 billion after a 19.45% share rally, overtaking BUA Foods and Dangote Cement on the NGX.
Business

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...
Business

Innoson Employs 8,000 Workers as Expansion Accelerates

Innoson expansion to add 2,000 jobs and launch a tractor plant as workforce reaches 8,000 across Nigeria.
Business

Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.
Business

Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.
Business

Nigeria’s Public Debt Rises to N153.29 Trillion by September 2025

KEY POINTS Nigeria’s public debt reached N153.29 trillion in Q3 2025, rising by N900...
Business

Nigeria Customs Opens 60-Bed Hospital With ASR Africa Grant

Nigeria Customs commissions a 60-bed hospital in Bauchi funded by ASR Africa to expand healthcare access for officers and nearby communities.
Business

Sterling Financial Completes Share Allotment

Sterling Financial share allotment proceeds after oversubscribed N7.00 public offer draws N117.88 billion in investor demand.
Business

Tinubu Order May Add N14.6 Trillion to Federation Account

Executive order may add N14.57 trillion to the Federation Account as oil and gas revenues are redirected from PIA deductions.
Business

Tinubu Signs Executive Order to Boost Oil Revenue Remittances

Tinubu signs Executive Order to eliminate PIA deductions and increase oil revenue remittances to the Federation Account.
Business

Nigeria Crude Oil Production Rises 5.8 percent to 1.64mbpd

Nigeria crude oil production reaches 1.64mbpd in 2025, with indigenous producers accounting for more than half of total output.
Business

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.
Load more

Latest articles

Sports

World Cup 2026: Nigerian-American Balogun earns back-to-back Man of the Match awards

Nigerian-American striker Folarin Balogun has earned a second consecutive Man of the Match award after helping the United States beat Australia and reach the World Cup knockout stage.
Business

Economists cite reform impact as Nigeria’s revenue hits N15.8trillion

Economists have credited tax reforms, improved administration and stronger oil earnings for Nigeria's revenue, which hit N15.8tn in the first five months of 2026, up 49 percent.
News

Mother, Sister of Dead Bandit Leader Jailed 20 Years Each

 KEY POINTS A Federal High Court in Abuja sentenced the mother and sister of...
Politics

Police Restrict Movement in Two Kano LGAs for Bye-Election

KEY POINTS The Kano State Police Command has imposed a movement restriction in Dawakin...