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
MTN Nigeria Pays N878bn in Taxes Amid Revenue Growth
Telecommunications giant MTN Nigeria has paid about N878.7 billion in taxes, levies, and duties to the Federal and State Governments…
Nigerian Stock Market Dips as Traders Step Back for Long Holiday
LAGOS — The Nigerian stock market recorded a decline in trading activity on Wednesday as investors pulled back ahead of…
NAICOM Issues Nigeria’s First Digital Insurance Operational Licence
ABUJA — The National Insurance Commission has issued Nigeria's first operational licence to a digital insurance company. The Guardian Nigeria…
Nigeria’s Foreign Reserves Rise Above $50bn in Major Milestone
ABUJA — The Central Bank of Nigeria has confirmed that Nigeria's foreign exchange reserves have risen above $50 billion. National…
Enugu EEDC Deploys SuperEdge Billing to Cut Revenue Losses
ENUGU — The Enugu Electricity Distribution Company has announced the completion and deployment of its SuperEdge integrated billing system across…
Seme Border Revenue Losses Mount Despite Costly Infrastructure Deal
LAGOS — The Seme Border on the Lagos-Cotonou corridor is haemorrhaging billions of naira in potential Customs revenue as trade…
Presidency Backs RegTech to Drive Financial Inclusion in Nigeria
ABUJA — The Nigerian Presidency has identified regulatory technology, known as RegTech, as a key instrument for achieving broader financial…
Nigeria and China Eye Creative Economy as New Bilateral Frontier
ABUJA — Nigeria and China have agreed to deepen cooperation in the creative economy and tourism as a new frontier…
