Business

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has expressed optimism that the recent release of the indicative gantry...

Guaranty Trust Holding Company Plc (GTCO) reported profit before tax of N302.9 billion for the period ended March 31, 2026....

The United Arab Emirates has confirmed plans to withdraw from the Organization of the Petroleum Exporting Countries and the broader...

Economic analysts have praised the Nigerian government for maintaining external reserves at $48.65 billion, describing the development as a key...

Air Peace has announced a temporary reduction in its Abuja–London flight operations due to ongoing aviation fuel supply challenges. In...

United Bank for Africa Plc has announced a strong increase in customer deposits for the 2025 financial year, reflecting continued...

Nigeria’s Federal Government has signalled a strategic shift from aggressive economic reforms to ensuring policy consistency, as it seeks to...

A financial analyst, Tunji Adepeju, has clarified recent updates to Nigeria’s Bank Verification Number (BVN) framework, describing them as targeted...

Nigerian Breweries Plc has reported a significant increase in its market capitalisation, rising by 135 percent to N2.33 trillion in...

The Federal Government has revealed that Nigeria produces about 1.4 million metric tonnes of palm oil each year, falling short...

Nigeria’s headline inflation rate increased to 15.38 percent in March 2026, according to the latest report released by the National...

The International Monetary Fund (IMF)has expressed support for Nigeria’s ongoing bank recapitalisation programme, highlighting its role in strengthening the country’s...

The Centre for the Promotion of Private Enterprise (CPPE) has pushed back against a World Bank recommendation suggesting increased importation...

The African Development Bank (AfDB) has approved a $200 million loan to support the expansion of Nigeria’s digital infrastructure and...

The Lagos State Internal Revenue Service (LIRS) has announced a new deadline of April 21, 2026, for the submission of...

  Nigeria continues to spend an estimated $10 billion annually on food imports despite ongoing efforts to boost local agricultural...

Nigeria’s economy recorded measurable improvements in macroeconomic stability during the first quarter of 2026, according to the Centre for the...

UAC of Nigeria Plc reported a 39 per cent decline in profit for the 2025 financial year to N9.91 billion,...

*Commends CBN’s Global Recognition The Association of Corporate Affairs Managers of Banks (ACAMB) has commended the Nigerian banking industry for...