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

Naira Trades Stable Near N1,371 Per Dollar on Official Market

Lagos State - The naira traded within a relatively stable range against the United States dollar on Thursday, across both…

Zenith Bank Wins Africa’s Best Bank at Euromoney Awards

Lagos State - Zenith Bank Plc has been named Africa's Best Bank and Nigeria's Best Bank for the second consecutive…

Customs Seeks Stronger Media Partnership to Tackle Smuggling

The Nigeria Customs Service (NCS) has called for a deeper collaboration with the media, stressing that effective communication and transparency…

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Dangote Exports Rise, Crude Lacks, Dollar Pricing Pressure Market

Dangote Refinery has shifted its fuel sales to U.S. dollars amid crude supply shortages and Nigeria’s worsening foreign exchange squeeze,…

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Naira Posts Mixed Performance Across Official, Parallel Markets

Lagos State - The naira recorded a mixed performance against the United States dollar across the official Nigerian Foreign Exchange…

Dangote Emerges Big Winner From US Iran Tensions, WSJ Reports

The Wall Street Journal has reported that Dangote Petroleum Refinery is reaping significant benefits from its investment strategy amid the…

Zamfara Unveils $200 Million Lithium Processing Plant, 2,000 Jobs Expected

Zamfara State Governor Dauda Lawal has commissioned a $200 million lithium mining and processing plant in Boko, Zurmi Local Government…

NRS Collects N21.6tn in H1 2026 as Tax-to-GDP Ratio Rises to 13 Per Cent

Nigeria's Revenue Service (NRS) collected N21.6 trillion in the first half of 2026, representing a 49 per cent increase from…