Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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Stocks slide as oil soars past $100 on Mideast war
Stocks Decline as Oil Prices Surpass $100 Amid Middle East Conflict Stock markets experienced significant declines on Monday as rising…
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Manufacturing VAT surges 54.7% to N875bn in 9 months
Manufacturing Sector VAT Contributions Surge in Nigeria By Yinka Kolawole Nigeria’s manufacturing sector has seen a substantial increase in its…
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Dangote Refinery commits to energy stability amid global refineries shutdown
Dangote Refinery Commits to Energy Stability Amid Global Supply Challenges By Udeme Akpan LAGOS, Nigeria — Dangote Petroleum Refinery &…
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CBN orders banks to conduct stress test from April
Central Bank of Nigeria Directs Stress Testing of Banking Portfolios By Babajide Komolafe The Central Bank of Nigeria (CBN) has…
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30 banks meet CBN recapitalisation requirements
Central Bank of Nigeria Reports 30 Banks Meet Recapitalization Requirements By Emma Ujah, Abuja The Central Bank of Nigeria (CBN)…
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12 states have enacted tax harmonisation law — Oyedele
Twelve States Enact Tax Harmonization Law, Minister Reports By Yinka Kolawole, with agency report ABUJA — Twelve states in Nigeria…
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Vitafoam shareholders endorse N3.75 bn dividend, bonus shares
Vitafoam Nigeria Shareholders Approve N3.75 Billion Dividend and Bonus Shares By Peter Egwuatu LAGOS — Shareholders of Vitafoam Nigeria Plc…
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Nigeria’s money supply drops slightly to N123trn
Nigeria’s Money Supply Decreases Slightly in January 2026 By Elizabeth Adegbesan Nigeria’s money supply (M²) decreased by 0.8 percent from…
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NPA reports 24.8% surge in cargo throughput to 129.3m metric tons
Nigerian Ports Authority Reports 24.8% Increase in Cargo Throughput for 2025 By Cynthia Alo The Nigerian Ports Authority (NPA) has…
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VAT revenue rises 34% to N6.4trn in 9 months
Nigeria’s VAT and Company Income Tax Collections Surge in First Nine Months of 2025 By Elizabeth Adegbesan and Progress Godfrey…
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