Business News
Nigeria’s Oil Production Falters Despite Decade of Rig Expansion
Abuja, Nigeria — Nigeria’s oil production has slowed in recent months despite a decade-long increase in the number of drilling rigs, raising questions about the efficiency of investments in the…
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Akpabio Reject Acting President Claims, Insist Tinubu Still in Charge
Senate President Godswill Akpabio has firmly rejected claims that he is Nigeria’s Acting President during…
NAFDAC Places Mofus Nigeria Products on Watchlist Amid Probes
The National Agency for Food and Drug Administration and Control (NAFDAC) has placed products manufactured…
NBA Urges Politicians to Embrace Legal Channels, Reject Violence
The Nigerian Bar Association (NBA) has urged political actors in Kaduna State to seek legal…
Madagascar Arrive in Nigeria Ahead of AFCON 2027 Match
Madagascar’s national football team has arrived in Nigeria ahead of their crucial AFCON 2027 qualifier…
Lasted Business News
Nigeria Pulls In $10.37bn in Foreign Capital, Up 84 Percent
ABUJA — Nigeria attracted $10.37 billion in foreign capital during the first quarter of 2026, according to data released by…
Tony Elumelu Named Seplat Energy Chairman as New CEO Takes Over
One of Africa's most respected business minds is taking the chair at one of Nigeria's biggest energy companies. And the…
Nigeria GDP Grows 3.89 Per Cent in Q1 2026 as Economy Stays on Recovery Path
Nigeria's real Gross Domestic Product grew by 3.89 per cent in the first quarter of 2026, the National Bureau of…
NGX Rebounds Gain as Investors Return Ahead of Democracy Day
The Nigerian Exchange Limited recorded a market capitalisation gain of approximately N515 billion on Tuesday, June 10, 2026, as investors…
Nigeria Trade Surplus Surges 341% to N7.55 Trillion in Q1 2026
Nigeria's merchandise trade surplus surged by 340.88 per cent to N7.55 trillion in the first quarter of 2026, driven by…
Tinubu Approves 2026 Oil Block Licensing Round
President Bola Tinubu approved the 2026 oil block licensing round, directing the Nigerian Upstream Petroleum Regulatory Commission to proceed with…
Elumelu Named Seplat Energy Chairman in Succession Plan
Seplat Energy Plc on Tuesday, June 9, 2026, announced a landmark leadership succession plan, naming billionaire investor and business leader…
Nigeria’s Digital Inclusion Push Gains Ground
Minister of Communications, Innovation and Digital Economy Bosun Tijani on Friday, June 6, 2026, hosted 185 students who participated in…
