Business News
Nigerian Meter Makers Win Court Order Blocking 1.55m Smart Meter Imports
LAGOS — Nigerian meter manufacturers have secured a court injunction halting the importation of 1.55 million smart meters, a ruling that puts a major World Bank-backed electrification program in jeopardy.…
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Liberia-Nigeria Trade Forum Set for June 15 in Lagos to Unlock Ties
LAGOS — The inaugural Liberia-Nigeria Trade and Investment Forum 2026 is set to hold on…
Mexico vs South Africa Opens 2026 World Cup at the Iconic Azteca
Sixteen years after they last met on this stage, Mexico and South Africa do it…
FG Defends 3yrs of Tinubu at Democracy Day Press Conference
The federal government used its 2026 Democracy Day press conference to mount a comprehensive defence…
Nigeria Commits $588.9M to Science, Technology and Innovation in 2026 Budget
Nigeria has committed a total of N838.67 billion to science, technology and innovation in the…
Lasted Business News
First Bank and Visa Launch Multi-Currency Naira and Dollar Cards
LAGOS — First Bank of Nigeria and Visa have partnered to launch two new payment cards for Nigerian customers. The…
NGX Stocks Lose N170bn as Mid-Cap Selloff Hits Market
LAGOS — Nigeria's stock market shed N170 billion in value on Saturday as a mid-cap selloff swept through the Nigerian…
Dangote Shuts Two Companies, Blames Fuel Subsidy Mafia
LAGOS — Africa's richest man, Aliko Dangote, has shut down two of his companies and pointed to what he calls…
S&P Upgrades Nigeria Credit Rating First Time in 14 Years
LAGOS — S&P Global Ratings has upgraded Nigeria's long-term sovereign credit rating from B-minus to B. The rating agency announced…
Nigeria Stock Market Hits Record N160 Trillion Cap
LAGOS — Nigeria's stock market has reached a record high, with the Nigerian Exchange Group's market capitalization crossing N160 trillion.…
Dangote Refinery Cuts Nigeria’s Crude Imports Sharply
LAGOS, May 14, 2026 — Nigeria's crude imports have dropped sharply as the Dangote Petroleum Refinery and other local refineries…
Naira Holds Steady at N1,370 as CBN Watches Market
LAGOS — The Nigerian naira traded at around N1,370 to the United States dollar in the official market on Thursday…
Dangote Refinery Is Quietly Saving the Naira, Analysts Say
A few years ago, most Nigerians saw the Dangote Petroleum Refinery as a project that was always "almost ready." A…
