Browsing: Business & Economy News

Nigeria’s subnational governments have collectively received about ₦1.18 trillion in Value Added Tax (VAT) allocations following adjustments to the revenue-sharing…

The African Export-Import Bank, commonly known as African Export-Import Bank, has reportedly committed funding support for three new refinery projects…

United Capital Plc has reported a strong financial performance, posting a profit of ₦28 billion alongside improved returns to shareholders,…

Access to structured financing has received a boost in Nigeria’s pharmaceutical manufacturing sector as First City Monument Bank (FCMB) and…

Shareholders of Transcorp Power Plc have received a significant boost as the company declared a total dividend payout of ₦41.2…

Global oil prices climbed while equity markets fluctuated as uncertainty around international peace negotiations unsettled investor sentiment, reflecting renewed volatility…

Former President Olusegun Obasanjo has sparked fresh debate over Nigeria’s downstream petroleum sector after stating that the country’s state-owned refineries…

Ground handling companies operating within Nigeria’s aviation sector have threatened to suspend services over an estimated ₦9 billion debt allegedly…

Engineering professionals and industry stakeholders have credited African billionaire Aliko Dangote with playing a significant role in driving what many…

Alumni associations across Nigeria are strengthening collaborative relationships with Ecobank Nigeria as part of broader efforts to expand networking opportunities,…

The Nigerian Economic Summit Group (NESG) has stressed that ongoing economic reforms in Nigeria must ultimately translate into measurable growth,…

The Gbagada-Yaba axis of Lagos has recorded 231 active short-let apartments, highlighting the rapid growth of the short-term rental market…

The planned expansion of the Dangote Refinery to a projected refining capacity of 1.4 million barrels per day (mbpd) is…

Aviation stakeholders have called on the Federal Government to urgently intervene in the wake of rising aviation fuel prices, warning…

The Federal Government is seeking to raise approximately ₦700 billion through bond issuances in April as part of its broader…

A major consumer-focused event has been launched as part of a strategic brand relaunch initiative aimed at strengthening market presence,…

Nigeria’s digital finance landscape continues to expand as Moniepoint Inc has reaffirmed its commitment to deepening financial inclusion across underserved…

Foreign investment inflows into Nigeria’s equities market surged to ₦288 billion in March, signaling renewed interest from offshore investors and…

Nigeria has stepped up its global investment drive by hosting a high-level trade mission with stakeholders from the United Kingdom,…

Nigeria’s engineering community has conferred one of its highest honours on billionaire industrialist Aliko Dangote, inducting him as an honorary…