Business & Economy
NSE lauds FG’s infrastructure push
The President of the Nigerian Society of Engineers, Margaret Oguntala, has commended the Federal Government for its strategic infrastructure investments, particularly the Lagos-Calabar Coastal Highway...
10th June 2025
Fraudsters demanding money from investors, NNPC warns
The Nigerian National Petroleum Company Limited has raised an alarm that some individuals are impersonating it, demanding money from investors. A statement on Monday by the NNPC spokesman, Olufemi Son...
10th June 2025
Firms showcase tech innovation at Sapphire 2025
Leading global brands showcased their successful innovation and business transformation initiatives at this year’s SAP Sapphire, a flagship business and technology event held in Madrid, Spain recent...
10th June 2025
NIMC enrols 59,786 inmates with NINs
The National Identity Management Commission has successfully enrolled 59,786 inmates across correctional centres in Nigeria and issued them National Identification Numbers, the commission disclosed on...
10th June 2025
Warri-Itakpe rail safe, NRC assures passengers
The Nigerian Railway Corporation says the rail transport on the Warri-Itakpe corridor is safe and operational. The acting Deputy Director, Public Relations, NRC, Mr Callistus Unyimadu, said this in a ...
10th June 2025
CORBON, COREN partner to bridge housing gaps
The Council of Registered Builders of Nigeria and the Council for the Regulation of Engineering in Nigeria have signed a Memorandum of Understanding aimed at bridging regulatory gaps in the constructi...
10th June 2025
Dangote vows downstream overhaul to ‘shake’ oil sector
The President of the Dangote Group and founder of the Dangote Petroleum Refinery, Aliko Dangote, says there will be an announcement of what he calls a major ‘shakedown’ in the entire country soon....
10th June 2025
Lagos alternative power boom exceeds national grid capacity – Report
Off-grid and self-generated electricity in Lagos State has surpassed Nigeria’s entire grid-connected capacity, a new report by the Africa Finance Corporation has revealed, raising concerns over the ...
10th June 2025
Beiersdorf unveils product to boost skin health
Beiersdorf Nigeria has launched its NIVEA UV Face Sunscreen at a beachfront event in Lagos that brought together skincare lovers, media personalities, health experts, and influencers. Participants at ...
10th June 2025
Producers export crude, deny local refineries supply – CORAN
Crude oil refiners in Nigeria have cried out over their inability to access crude oil locally for their refineries, saying oil producers prefer selling crude to international traders in dollars The Pu...
10th June 2025
Town planner sets five-point agenda for association
The newly elected Chairperson of the Association of Women Town Planners in Nigeria, Lagos State Chapter, Yemisi Alaka, has set a five-point agenda for the association. In a statement, Alaka noted that...
10th June 2025
Winhomes denies non-compliance with tax obligations
The Chief Executive Officer of Winhomes Global Services Limited, Stella Okengwu, has replied to the Minister of Works, David Umahi, over comments made against her company recently. Umahi, during the i...
10th June 2025
Electronic call-up system will tackle gridlock – AMTO
The Secretary-General of the Association of Maritime Truck Owners, Mohamed Bala, has declared a vote of confidence in the electronic call-up system introduced by the Nigerian Ports Authority to tackle...
9th June 2025
Oil firms scramble to convert licences as June deadline looms
The Nigerian Upstream Petroleum Regulatory Commission says several licensees have formally applied for the conversion of their Petroleum Prospecting Licences to Petroleum Mining Leases. This, it was l...
9th June 2025
Stakeholders advocate clean cooking for good health
Stakeholders have championed clean cooking practices to improve health and environmental outcomes following a recently held NaijaCookWise campaign in Abuja. According to a statement, the event, organi...
9th June 2025
FG partners Australian varsity to train mining professionals
The Minister of Solid Minerals Development, Dr Dele Alake, has launched a capacity enhancement programme for the first batch of Nigerian mining professionals at Murdoch University, Australia. The in...
9th June 2025
Green Energy completes first crude export from new terminal
Green Energy International Limited has concluded the first crude oil export from its newly constructed Otakikpo onshore terminal, marking a major milestone in Nigeria’s oil and gas industry. The com...
9th June 2025
Economy growing despite short-term pain – Minister
Minister of Budget and Economic Planning, Senator Atiku Bagudu, has highlighted President Bola Tinubu’s “bold reforms” from the last two years, asserting that they are steadily preparing Nigeria...
9th June 2025
Dangote refinery should sell petrol below N800/litre – Marketers
The Independent Petroleum Marketers Association of Nigeria has said the Dangote Petroleum Refinery should sell Premium Motor Spirit (petrol) below the current N825 per litre price being sold by the Le...
9th June 2025
Petrol subsidy removal yields $84bn gain, 40 roads – Report
The Federal Government has stated that the removal of the petrol subsidy by President Bola Tinubu ended a historic financial drain that cost Nigeria over $84bn and has helped finance 40 critical road ...
9th June 2025
Discos raise bills 107% despite poor power
Electricity distribution companies recorded a shortfall of over N202bn in their revenue collections for the first quarter of 2025, despite a rise in electricity billing across the country, an analysis...
9th June 2025
African brands ranking report unveiled
Brand Africa, in partnership with African Business and the Economic Commission for Africa, has unveiled the results of the 15th annual Brand Africa 100 |Africa’s Best Brands and Ethiopia’s Best Br...
6th June 2025
AI, cloud solutions fueling growth-SAP experts
SAP experts, partners and customers, who converged at SAPHILA 2025, have stated that cloud and business AI innovations are accelerating organisations’ growth. According to the organisers of the conf...
6th June 2025
Bill Gates urges African leaders to accelerate devt
The Chairman of the Gates Foundation, Bill Gates, has admonished African leaders to utilise the foundation’s $200bn pledge to accelerate health and development progress through innovation and partne...
6th June 2025
Global brands unveil business AI initiatives
Leading global brands showcased their innovative success and business transformation initiatives at this year’s SAP Sapphire, recently held in Madrid, Spain. According to the organiser of the ev...
6th June 2025
DFIs shine at African Banker Awards
Development Finance Institutions were the big winners at the African Banker Awards Gala Ceremony 2025, which was recently held in Abidjan, Côte d’Ivoire. At least five Development Finance Instituti...
6th June 2025
Fraud reports rise by 18% in top travel destinations
Many travellers worry about falling victim to scams when visiting new places—concerns like pickpocketing or being tricked by what appears to be a legitimate tour company. These fears, are not unfoun...
6th June 2025
AEDC pledges to settle workers’ entitlements
The Abuja Electricity Distribution Company has pledged to promptly settle all legitimate allowances owed to its staff following the threat from the workers to shut down operations. It also promised to...
6th June 2025
Marketers forged 24 documents to claim subsidy payments – Ex-EFCC boss
Former Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has revealed that numerous oil marketing companies systematically forged documents to illegally access petrol subsid...
6th June 2025
Trump’s new bill may slash Nigeria’s $21bn remittance
Nigeria’s foreign exchange earnings from diaspora remittances may suffer a major blow following the passage of a new bill in the United States that seeks to impose a 3.5 per cent tax on money transf...
6th June 2025
FG engages Japan for ¥15bn loan
The Federal Government has intensified discussions with the Japan International Cooperation Agency to fast-track the implementation of a ¥15bn (about $110m) emergency loan to improve food security ac...
6th June 2025
