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…
Your Trusted Source for Accurate and Timely Updates!
Just for You
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
New Minister Taiwo Oyedele Signals Shift in Nigeria’s Fiscal Policy
The appointment of Taiwo Oyedele as Nigeria's new Finance Minister has been widely interpreted by economists, tax practitioners, and financial…
FAAC Shares N2.3Trn May Revenue as Statutory Earnings Rise
The Federation Account Allocation Committee distributed a total of N2.300 trillion from May 2026 revenue to the Federal Government, state…
Naira Holds Ground as Reserves Hit Best Level Since 2009
LAGOS — Nigeria's currency held relatively steady this week even as the naira traded around 1,410 to the dollar in…
Nigeria Foreign Reserves Hit 51 Billion Dollars, Highest in 17 Years
ABUJA — Nigeria's foreign exchange reserves rose to 51.04 billion dollars this week, the highest level in 17 years, according…
Naira Weakens As Dollar Demand Keeps Pressure On Markets
Nigerian businesses are facing renewed pressure as dollar demand keeps the exchange market under strain. The naira traded around N1,405…
Fuel Prices May Ease As Oil Slides After Ceasefire
Oil prices fell to about 83 dollars per barrel after the US Iran accord and ceasefire eased market fears in…
Tinubu’s 2025 Tax Reform: 0% CIT for Small Businesses
By Bello Abdul'Azeez Nigeria’s new tax laws, the Nigeria Tax Act, 2025 and the Nigeria Tax Administration Act, 2025,…
TCN Warns Vandalism of Transmission Infrastructure
The Transmission Company of Nigeria raised concerns this week over increasing vandalism of power transmission infrastructure in parts of Niger…
