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

Dangote Eyes $46bn Africa Expansion as Congo Oil Firm Seeks Supply Partnership

The Dangote Group disclosed plans to invest an additional $46 billion between 2026 and 2028 across its refining, cement, and…

Business Fallout in Lagos, Osun, Flooding Exposes Infrastructure

The recent blackouts in Lagos and Osun, triggered by transmission failures and flooding, have once again exposed the fragility of…

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NAICOM Bars Insurance Firms With Unpaid Claims From Recapitalisation Re-Licensing

The National Insurance Commission on Tuesday issued a regulatory directive warning insurance companies with outstanding discharged claims that they would…

Dangote’s Free Petrol Delivery Signals Strategic Market Entry

The Dangote Petroleum Refinery’s decision to begin free petrol delivery to Abuja and five states marks a bold entry into…

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CBN Raises Alarm Over N100 Note Rejection

The Central Bank of Nigeria (CBN) has issued a strong warning against the rejection of the standard ₦100 banknote, stressing…

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Oil Price Rise, Market Slide Expose Fragile Global Energy Balance

The sharp rise in oil prices and simultaneous slide in global stocks following U.S. President Donald Trump’s declaration that Iran’s…

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Airtel’s Diesel Reduction Bold Step in Nigeria’s Green Transition

Airtel Africa’s announcement that it has cut diesel consumption by 9.1 million litres underscores a significant shift in Nigeria’s corporate…

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All On’s Renewable Roadmap for Nigeria’s Energy Investment

Nigeria’s renewable energy sector has received a significant boost as All On Partnerships for Energy Access Limited unveiled its investment…

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