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
SMEDAN Unveils N500m Zero-Interest Fund for Small Businesses
ABUJA — The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled a N500 million zero-interest loan fund…
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…
Naira Holds Near N1,375 as Meter Makers Win Key Court Injunction
LAGOS — The Nigerian naira traded near N1,375 to the dollar in the official market as the week closed, according…
FG Says No Nation Can Develop External Dependence Alone
The Federal Government of Nigeria declared on Wednesday that no nation in the world could successfully finance its development agenda…
Dangote Dismisses Allegations Products of Re-Imported From Togo
The Dangote Petroleum Refinery and Petrochemicals on Wednesday dismissed as false, misleading, and lacking any commercial or operational basis claims…
Naira Steady as Telecom Operators Dismiss Fears of Tariff Hike
The Nigerian naira traded at relatively stable levels against the US dollar on Tuesday, June 23, 2026, across both the…
Nigeria Faces N13Trn Revenue Risk as Strait of Hormuz Reopens
Nigeria faces a potential revenue shock of up to N13 trillion in the remaining months of 2026 as the reopening…
Why Large Businesses and Multinationals Must Pay Their Fair Share of Taxes
By Bello Abdul'Azeez Every society that aspires to develop must answer one basic question: who pays for development? Roads,…
