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

Rivers APC Voids Wike Allies’ Tickets, Deepening State Political Crisis

PORT HARCOURT — The reinstated Rivers State APC leadership has voided the primary election tickets of all lawmakers and political…

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Equities Market Adds N905bn as Airtel Africa Leads Monday Rally

LAGOS — The Nigerian equities market added N905 billion in market capitalisation on Monday as a strong broad-based rally swept…

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CBN’s Payment Vision 2028 Targets 50 Million New Bank Accounts

ABUJA — The Central Bank of Nigeria's Payment Vision 2028 strategy targets the opening of 50 million new bank accounts…

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Dangote Group Named Africa’s Most Admired Brand for 8th Year Running

LAGOS — The Dangote Group has been named Africa's Most Admired Brand for the eighth consecutive year in the Brand…

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CBN Extends PoS Geo-Fencing Deadline as Operators Seek More Time

ABUJA — The Central Bank of Nigeria has extended the deadline for compliance with its Point of Sale geo-fencing policy…

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Cross River Seals $42m Deal With Agua Global to Revive Water Board

CALABAR — Cross River State has signed a $42 million agreement with Agua Global Services to rehabilitate and operate the…

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FG Pushes CNG Vehicles to Cut Transport Costs and Fuel Dependence

ABUJA — The Federal Government has launched a major push for compressed natural gas vehicles as a key strategy to…

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FirstHoldCo Secures Shareholder Approval for N1 Trillion Capital Base

LAGOS — FirstHoldCo, the holding company of First Bank of Nigeria, has secured shareholder approval to raise its capital base…

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