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 Unveils Net Zero Investment Plan to Unlock Green Finance
ABUJA — Nigeria has unveiled a landmark Net Zero Investment Plan aimed at unlocking billions of dollars in international climate…
Soaring Ram Prices Dampen Eid Al Adha Joy Across Nigeria
LAGOS — As Eid Al Adha approaches, millions of Nigerian families are confronting an uncomfortable reality: the cost of sacrificial…
Nigerian Banks Flag 82,000 Suspicious Transactions in 2024
ABUJA — Nigerian banks and financial technology companies flagged over 82,000 suspicious transactions to the Nigerian Financial Intelligence Unit in…
Tinubu Tasks MDAs on Digital Transformation for Paperless Govt
ABUJA — President Bola Tinubu has tasked all Ministries, Departments, and Agencies of the federal government to accelerate the adoption…
Naira Holds Steady on Friday as CBN Keeps FX Market Firm
LAGOS — The Nigerian naira maintained steady momentum against the US dollar in the early hours of Friday, May 22,…
Nigeria Records $480m Trade Surplus in January, Up 220%
LAGOS — Nigeria recorded a trade surplus of $480 million in January 2026, according to data released by the Central…
Fuel Supply Anxiety Grows in Nigeria’s Downstream Sector
LAGOS — Fresh anxieties are spreading across Nigeria's downstream petroleum sector. Marketers, depot owners, and logistics operators are raising new…
SEC Moves Nigeria to T+1 Stock Settlement From June 1
LAGOS — The Securities and Exchange Commission has announced that Nigeria will transition to a T+1 settlement cycle for equities…
