Tag: Business

Nigeria GDP Grows 3.89 Per Cent in Q1 2026 as Economy Stays on Recovery Path

Nigeria's real Gross Domestic Product grew by 3.89 per cent in the first quarter of 2026, the National…

NGX Rebounds Gain as Investors Return Ahead of Democracy Day

The Nigerian Exchange Limited recorded a market capitalisation gain of approximately N515 billion on Tuesday, June 10, 2026,…

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Nigeria Trade Surplus Surges 341% to N7.55 Trillion in Q1 2026

Nigeria's merchandise trade surplus surged by 340.88 per cent to N7.55 trillion in the first quarter of 2026,…

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Tinubu Approves 2026 Oil Block Licensing Round

President Bola Tinubu approved the 2026 oil block licensing round, directing the Nigerian Upstream Petroleum Regulatory Commission to…

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Elumelu Named Seplat Energy Chairman in Succession Plan

Seplat Energy Plc on Tuesday, June 9, 2026, announced a landmark leadership succession plan, naming billionaire investor and…

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Nigeria’s Digital Inclusion Push Gains Ground

Minister of Communications, Innovation and Digital Economy Bosun Tijani on Friday, June 6, 2026, hosted 185 students who…

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Dangote Crude Supply Crisis Deepens Despite Oil Production Rise

The Dangote Petroleum Refinery is grappling with a deepening domestic crude supply crisis despite Nigeria recording its highest…

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CBN Issues New Forex Rules, Allows Individuals to Move Up to $50,000 Cash

The Central Bank of Nigeria issued fresh foreign exchange guidelines this week that allow individuals to move cash…

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Tinubu Breaks Optasia Monopoly, Opens N3 Trillion Airtime Credit Market

President Bola Tinubu directed the Federal Competition and Consumer Protection Commission to dismantle the 12-year monopoly held by…

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Manufacturers Seek Government Help As Energy Costs Hit N1.34 Trillion

The Manufacturers Association of Nigeria has called for collaborative solutions with the government. The association highlighted severe operational…