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 Cuts Petrol Price by N75 as Middle East Tensions Ease
The price at the pump is coming down. And for millions of Nigerians who have been absorbing painful fuel costs…
NGX Market Capitalisation Holds Above N156 Trillion
The Nigerian Exchange's market capitalisation held firm above 156 trillion naira, approximately 115 billion dollars, this week despite a slight…
Nigerian Economists Reject IMF Call to Raise VAT, Tax Telecoms
Nigeria's leading economists and financial experts pushed back this week against key policy prescriptions contained in the International Monetary Fund's…
Dangote Retains Africa’s Most Admired Brand Title for 8 Years
Dangote Industries Limited retained its position as Africa's most admired African brand for the eighth consecutive year, according to the…
CBN Survey Shows Optimistic, Jobs Outlook Stays Negative
Business confidence in Nigeria improved broadly in May 2026, with firms across agriculture, industry, and services reporting more positive expectations…
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…
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…
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…
