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

Energy Activist Oye Slams FG Celebration Despite NNPC N30trn Debt

LAGOS — Energy activist Dan Oye has criticised the Federal Government for celebrating energy sector reforms while ignoring what he…

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OPay Expands Financial Access To Nigeria’s Last-Mile Communities

LAGOS — Digital financial services platform OPay is expanding its reach into Nigeria's last-mile communities, bringing mobile payments, savings products,…

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Ogun Ranked Nigeria’s Second Best-Performing State in 2025 Index

ABEOKUTA — Ogun State has been ranked as the second best-performing state in Nigeria in the 2025 State Performance Index…

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Naira Holds Steady at N1,373 as T+1 Launch Boosts Confidence

LAGOS — The Nigerian naira maintained steady momentum on Monday, June 1, as markets reopened after the extended holiday break.…

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NGX Launches T+1 Settlement Today as Stock Market Resumes Trading

LAGOS — The Nigerian Exchange Group officially launched the T+1 equity settlement cycle on Monday, June 1, 2026, as the…

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Naira Stays Stable on Friday as CBN Sustains Holiday FX Support

LAGOS — The Nigerian naira maintained relative stability against the United States dollar on Friday, May 29, 2026, according to…

Global Oil Market Volatility Raises Africa Concerns

Global oil market uncertainty continues raising economic concerns across African countries dependent on petroleum exports and fuel imports. International market…

Luxury Real Estate Market Expands In Abuja And Lagos

Demand for luxury real estate continues growing in Abuja and Lagos despite economic pressure affecting other sectors. Property developers said…