Business News

Nigerian Meter Makers Win Court Order Blocking 1.55m Smart Meter Imports

LAGOS — Nigerian meter manufacturers have secured a court injunction halting the importation of 1.55 million smart meters, a ruling that puts a major World Bank-backed electrification program in jeopardy.…

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Liberia-Nigeria Trade Forum Set for June 15 in Lagos to Unlock Ties

LAGOS — The inaugural Liberia-Nigeria Trade and Investment Forum 2026 is set to hold on…

Mexico vs South Africa Opens 2026 World Cup at the Iconic Azteca

Sixteen years after they last met on this stage, Mexico and South Africa do it…

FG Defends 3yrs of Tinubu at Democracy Day Press Conference

The federal government used its 2026 Democracy Day press conference to mount a comprehensive defence…

Nigeria Commits $588.9M to Science, Technology and Innovation in 2026 Budget

Nigeria has committed a total of N838.67 billion to science, technology and innovation in the…

Lasted Business News

6 Vessels Bring N279bn Petrol Cargo Amid Dangote NNPC Dispute

Six vessels carrying petrol cargoes worth approximately 279 billion naira are arriving in Nigeria this week, even as a legal…

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Nigeria External Reserves Hit Record $50.04bn on New FX Manual

Nigeria's gross external reserves climbed to a record 50.04 billion dollars in early June 2026, the Central Bank of Nigeria…

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CBN Launches Payments System Vision 2028 for Digital Economy

ABUJA — The Central Bank of Nigeria has unveiled its Payments System Vision 2028, a roadmap designed to modernise the…

Nigeria Pulls In $10.37bn in Foreign Capital, Up 84 Percent

ABUJA — Nigeria attracted $10.37 billion in foreign capital during the first quarter of 2026, according to data released by…

Tony Elumelu Named Seplat Energy Chairman as New CEO Takes Over

One of Africa's most respected business minds is taking the chair at one of Nigeria's biggest energy companies. And the…

Nigeria GDP Grows 3.89 Per Cent in Q1 2026 as Economy Stays on Recovery Path

Nigeria's real Gross Domestic Product grew by 3.89 per cent in the first quarter of 2026, the National Bureau of…

NGX Rebounds Gain as Investors Return Ahead of Democracy Day

The Nigerian Exchange Limited recorded a market capitalisation gain of approximately N515 billion on Tuesday, June 10, 2026, as investors…

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Nigeria Trade Surplus Surges 341% to N7.55 Trillion in Q1 2026

Nigeria's merchandise trade surplus surged by 340.88 per cent to N7.55 trillion in the first quarter of 2026, driven by…

By Editor