Business & Economy
Petrol Prices Hit N935 Per Litre in Lagos
Petrol marketers in Lagos have increased pump prices to between N925 and N935 per litre, marking a significant hike over the weekend. The ...
Business & Economy
World Bank To Approves Fresh $632 Million Loans for Nigeria Today
The World Bank is set to approve new loans totaling $632 million for Nigeria today (Monday), despite growing concerns over the country’s rising ...
Business & Economy
Dangote Tops Africa’s Billionaires List for 14th Year as Wealth Soars to $23.9 Billion
Nigerian industrialist Aliko Dangote has once again claimed the title of Africa’s richest person for the 14th consecutive year, according to Forbes’ 2024 ...
Business & Economy
Ownership Battle Heats Up as Court Blocks IBEDC Share Transfer
The Federal High Court in Lagos has issued an interim injunction preventing the transfer of 50 percent equity shares in the Ibadan Electricity ...
Business & Economy
ZENITH BANK MAINTAINS SUPERLATIVE PERFORMANCE WITH PBT OF N1.3 TRILLION IN FULL YEAR 2024
Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators.The ...
Business & Economy
Report: 99% of Nigeria’s Wealthiest Evade Taxes
A new report by a coalition of think tanks and advocacy groups has revealed that tax evasion among Nigeria’s high-net-worth individuals is a ...
Business & Economy
Zumax Nigeria Sues CBN for ₦4.1 Billion Over Alleged Negligence in Prolonged Receivership
Oil services firm Zumax Nigeria Limited has filed a ₦4.1 billion lawsuit against the Central Bank of Nigeria (CBN) at the Federal High ...
Business & Economy
Dangote Refinery, Modular Plants Face $8.56bn Crude Import Bill Amid Supply Uncertainty
The Dangote Petroleum Refinery and several modular refineries in Nigeria may spend approximately $8.56 billion to import an estimated 122.4 million barrels of ...
Business & Economy
Nigerian Manufacturers Struggle Amid Rising Costs, Hope for Economic Stability in 2025
Nigeria’s manufacturing sector is grappling with significant financial strain as macroeconomic shifts implemented by the Federal Government (FG) drive up costs. Recent financial ...
Business & Economy
FG Panel to Reconvene on Naira-for-Crude Deal as Dangote Refinery Suspends Sales
The Federal Government’s Naira-for-Crude panel is set to reconvene on Monday to assess the continuation of the crude supply deal with Dangote Refinery, ...