Business News
PenCom Urges SMEs to Secure Workers’ Pension Future
Abuja, Nigeria — The National Pension Commission (PenCom) has appealed to small and medium-sized enterprises (SMEs) across Nigeria to prioritize the remittance of workers’ pensions, stressing that retirement security is…
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Police rescue baby sold for ₦2m, arrest two suspects
Police operatives have rescued a one‑month‑old baby allegedly sold for ₦2 million in Nigeria. Authorities…
Canada Opens Permanent Immigration Route for Rural Jobs
Canada has turned its Rural Community Immigration Pilot into a permanent programme, a move aimed…
ICRC reports 18% surge in child malnutrition in North‑East
The International Committee of the Red Cross (ICRC) has reported an alarming 18 percent rise…
Sowore Recalls Adeboye’s Message During Private Meeting
ABUJA, Nigeria — African Action Congress (AAC) presidential candidate Omoyele Sowore has revealed details of…
Lasted Business News
S&P Upgrades Nigeria Credit Rating First Time in 14 Years
LAGOS — S&P Global Ratings has upgraded Nigeria's long-term sovereign credit rating from B-minus to B. The rating agency announced…
Nigeria Stock Market Hits Record N160 Trillion Cap
LAGOS — Nigeria's stock market has reached a record high, with the Nigerian Exchange Group's market capitalization crossing N160 trillion.…
Dangote Refinery Cuts Nigeria’s Crude Imports Sharply
LAGOS, May 14, 2026 — Nigeria's crude imports have dropped sharply as the Dangote Petroleum Refinery and other local refineries…
Naira Holds Steady at N1,370 as CBN Watches Market
LAGOS — The Nigerian naira traded at around N1,370 to the United States dollar in the official market on Thursday…
Dangote Refinery Is Quietly Saving the Naira, Analysts Say
A few years ago, most Nigerians saw the Dangote Petroleum Refinery as a project that was always "almost ready." A…
Nigeria Plans N29 Trillion Borrowing in 2026, NESG Warns
N159 trillion. That is how much Nigeria owes as of the beginning of 2026. And the government plans to borrow…
Naira Holds Firm as Dangote Effect Steadies FX Market
For the first time in years, Nigerians checking the exchange rate are not getting a bad shock. The naira has…
Nigeria’s Inflation Drops to 15.10% as Food Prices Continue to Fall
Nigeria's headline inflation rate recorded a marginal decline in January 2026, settling at 15.10 percent—a 0.05 percentage point drop from…
