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
States Urged to Rethink Costly Airport Projects, Viability Concerns
For a national and international audience, Nigeria’s aviation regulator has sounded a cautionary note to state governments pursuing new airport…
Tony Elumelu Steps Down as UBA Group Chairman After 12 Years on August 21
United Bank for Africa announced on Tuesday that billionaire businessman and philanthropist Tony Elumelu would step down as Group Chairman…
Petrol Price Still N1,200 Despite Crude Falling Below $70 Per Barrel
The Federal Government on Sunday warned petrol marketers against profiteering and urged an immediate reduction in pump prices, as Nigerians…
Dangote Slashes Petrol Price to ₦1,075, Opens Market Access
The Dangote Petroleum Refinery has announced a sharp reduction in petrol price to ₦1,075 per litre, a move that is…
Nigerian Bourse Ends Week Lower as Profit-Taking Erases Early Gains
LAGOS — The Nigerian Exchange Group All-Share Index ended the week lower as profit-taking erased the gains made during the…
FG Warns Petrol Marketers Over Profiteering, Orders NMDPRA to Act
ABUJA — The Federal Government has issued a direct warning to petroleum marketers against profiteering at the pump, directing the…
CBN Revokes Licenses of 46 MFBs Due to Regulatory Breaches
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 46 microfinance banks nationwide. The decision, effective July…
ProvidusBank and Unity Bank Merger Uncertainty Ends, New Entity Near
LAGOS — The prolonged uncertainty surrounding the merger of ProvidusBank and Unity Bank has ended, with a new combined entity…
