Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
-
CBN-led banks recapitalisation hastens FG’s quest for $1trn economy
CBN Recapitalization Efforts Support Nigeria’s $1 Trillion Economic Goal By Emeka Anaeto, Business Editor As of March 31, 2024, the…
Read More » -
Middle East war: TotalEnergies shuts 15% of gas, oil production
TotalEnergies Reduces Oil and Gas Output by 15% Amid Middle East Conflict TotalEnergies announced Thursday that it has suspended 15…
Read More » -
30 banks meet CBN recapitalisation rules 19 days to deadline
30 Banks Meet Central Bank of Nigeria Recapitalization Requirements Amid Pending Deadline By Peter Egwuatu, Assistant Business Editor March 12,…
Read More » -
Nigeria loses 50% of food to waste as stakeholders push large-scale farming
NIGERIA FACES SIGNIFICANT FOOD WASTE CHALLENGE, EXPERTS CALL FOR COMMERCIAL FARMING REVOLUTION By Jimoh Babatunde LAGOS — Nigeria is reportedly…
Read More » -
Zara owner Inditex posts record profit in 2025
Inditex Reports Record Annual Profit for Third Consecutive Year Inditex, the Spanish multinational known for its flagship brand Zara, announced…
Read More » -
Sugar Production: NSDC, BOI establish N10bn fund for greenfield projects
NSDC and Bank of Industry Launch N10 Billion Sugar Project Fund The National Sugar Development Council (NSDC) and the Bank…
Read More » -
Nigeria’s non-oil exports to EU lag at 10% despite $21.87bn trade— NEPC
Nigeria’s Non-Oil Exports to EU Remain Low Despite $21.87 Billion Trade in 2024 By Progress Godfrey The Nigerian Export Promotion…
Read More » -
Middle East crisis, FPI exit, weaken Naira to N1,425/$
Naira Depreciates to Record Low Amid Rising Demand for U.S. Dollars By Babajide Komolafe and Elizabeth Adegbesan The Nigerian naira…
Read More » -
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…
Read More » -
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…
Read More »