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
Lagos Saved N118bn In Property From Fire Outbreaks in 2025
LAGOS — The Lagos State Government saved properties valued at N118.32 billion from fire outbreaks in 2025. The state also…
Naira Slips to N1,395 in Parallel Market on Demand Pressure
LAGOS — The Nigerian naira has depreciated slightly against the US dollar in both the official and parallel markets. The…
Nigerian Banks Race To Meet CBN June 10 Cybersecurity Deadline
LAGOS — Nigerian financial institutions are under intense pressure to meet the Central Bank of Nigeria's June 10, 2026, deadline…
Tinubu Demands Fast Delivery of Attack Helicopters From Airbus
ABUJA — President Bola Tinubu has welcomed an Airbus investment commitment in Nigeria and simultaneously demanded fast delivery of military…
Dangote Raises Ethiopia Investment to $4bn After Hero’s Welcome
ADDIS ABABA / LAGOS — Africa's richest man, Aliko Dangote, received a hero's welcome in Addis Ababa over the weekend.…
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…
