Category: Business

Nigeria Implements Economic Reforms to Tackle Forex Challenges Amid Declining Oil Prices.

Nigeria’s foreign exchange reserves, which fell consistently during the first four months

Over 18,000 Jobs Lost in Nigeria’s Manufacturing Sector in 2024 Due to Tough Economic Climate.

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has

TotalEnergies Sells Stake in OML 118 to SNEPCo for $510 Million.

TotalEnergies EP Nigeria (TEPNG) has agreed to sell its 12.5% non-operating stake

Headline: No Maintenance Ongoing at Port Harcourt Refinery, Say Marketers.

Fuel marketers in Rivers State have claimed that the Port Harcourt refinery

CBN Rolls Out New Financial Tools to Boost Non-Interest Banking in Nigeria.

In a move to further strengthen Nigeria’s non-interest financial market, the Central

Jetour Launches X70 Family SUV in Nigeria.

Jetour Nigeria has introduced the latest version of its flagship family SUV,

Nigeria’s Kwale Gas Hub Wins Regional Gas Award.

The Kwale Gas Gather ing (KGG) hub in Delta State has earned

DStv Named Africa’s #1 Media Brand and Inducted into Brand Africa Hall of Fame.

DStv, Africa’s leading entertainment platform, has been recognized as the #1 Most

MTN Inducted into Brand Africa Hall of Fame.

MTN Group has been inducted into the inaugural Brand Africa Hall of

Investors Prefer Longer-Term Debt in Recent Bond Auction.

At the May 2025 Federal Government of Nigeria bond auction, investors showed

NFIU Flags Over ₦48 Billion in Suspicious Transfers to Dubai and Hong Kong.

The Nigerian Financial Intelligence Unit (NFIU) has raised concerns over a sharp

Konga Launches Nationwide Digital Campaign to Distribute Beauty Products.

Konga Health, in partnership with Konga Online, has initiated a n ationwide

Telcos Shift to Local Loans Amid Rising Interest Costs.

Between March 2024 and March 2025, MTN Nigeria and Airtel Africa paid

Port Harcourt Refinery Undergoes 30-Day Maintenance.

The Port Harcourt Refinery has been temporar ily shut down for a

Housing Ministry Warns Public About Fake Sale of 753-Unit Estate.

The Federal Ministry of Housing and Urban Development has issued a warning

The Expensive Reality Behind “Cheap” Green Energy.

The common belief that green energy—solar and wind power—is cheap is misleading.

Otedola Praises Tinubu, Cardoso for Restoring Investor Confidence.

Femi Otedola, Chairman of FirstHoldCo, has credited President Bola Ahmed Tinubu and

Dangote Refinery Cuts Petrol Prices Nationwide.

The Dangote Petroleum Refinery has announced a nationwide reduction in the pump

Gowon, Akinyemi Express Hope for Sahel Nations’ Return to ECOWAS

Former Nigerian Head of State, General Yakubu Gowon, and former Foreign Affairs

DEG and AfDB Join Forces to Promote Business Growth Across Africa.

The African Development Bank (AfDB) and Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a

Dangote: We Might Not Have Attempted Refinery If We Knew Its Full Scale

   Aliko Dangote emphasizes the importance of local capacity building as his

NNPC Appoints Idrisu and Abangwu, Dismisses Port Harcourt Refinery MD and 200 Others.

The Nigerian National Petroleum Company (NNPC) Ltd has named Maryam Idrisu as

Trade Ministry, NGX Group Partner to Boost Economic Growth.

The Nigerian Exchange Group (NGX Group) recently hosted Dr. Jumoke Oduwole, Minister

EFCC Arrests Aisha Achimugu at Abuja Airport.

Aisha Achimugu, a businesswoman declared wanted by the Economic and Financial Crimes

World Bank Appoints Aliko Dangote to Investment Lab.

Aliko Dangote, President and CEO of the Dangote Group and owner of

Fuji musician Taye Currency laments losing a ₦10 million investment in CBEX.

Fuji musician Alhaji Taye Adebisi, widely known as Taye Currency, has shared

Nigeria, China to Finalize Digital Currency Agreement to Cut Dollar Dependence — NCSP

The Nigeria-China Strategic Partnership (NCSP) has announced that Nigeria is set to

NNPC reveals strategy to draw $30 billion in investments by 2027.

The Nigerian National Petroleum Company Limited (NNPCL) has outlined an ambitious plan

Why a Naira-for-crude policy benefits the economy.

Nigeria’s oil sector has always been a major topic of national discussion,

WhatsApp Pulls the Plug: Phones Losing Support Starting May 2025

If you’re still using an older smartphone, you might soon need to

EFCC: Investors in CBEX Digital Trading Platform Will Be Refunded.

The Economic and Financial Crimes Commission (EFCC) has stated that it had