Business & Economy
Tinubu’s Policy Killing Local Farming—Farmers Decry Rice, Maize Imports
Nigerian farmers have raised alarm over the growing dominance of imported rice and maize in local markets, warning that the surge is undermining ...
Business & Economy
Dangote Urges Tinubu to Ban Fuel Importation, Marketers and Experts Reject Call Over Monopoly Concerns
The President of Dangote Group, Alhaji Aliko Dangote, has urged President Bola Tinubu to expand the scope of the Federal Government’s ‘Nigeria First’ ...
Business & Economy
25-Day Blackout Begins in Lagos: Businesses, Manufacturers Set To Face Heavy Losses
A 25-day power outage has officially commenced across major parts of Lagos State and parts of Ogun State, threatening to cripple business activities ...
Business & Economy
Naira Ends Week Strong, Closes at ₦1,534.72/$ with Modest Gains
The Nigerian Naira closed the trading week on a positive note, appreciating by 4.52 kobo against the U.S. dollar at the official market ...
Business & Economy
Emmanuel Ikazoboh Succeeds Aliko Dangote as Chairman of Dangote Cement
Dangote Cement Plc has announced the appointment of Emmanuel Ikazoboh as the new Chairman of its Board of Directors, following the resignation of ...
Business & Economy
Moghalu Warns Against Rising Inequality: Says Four Billionaires Own More Than Half of Africa’s Wealth
Former Deputy Governor of the Central Bank of Nigeria, Professor Kingsley Moghalu, has raised alarm over growing extreme wealth inequality in Africa, warning ...
Business & Economy
Dangote Warns: Africa May Never See Another Major Refinery Without Political Will
Renowned Nigerian industrialist, Aliko Dangote, has issued a stark warning that Africa may never witness the construction of another large-scale refinery unless deep-rooted ...
Business & Economy
Lagos Land Boom: Eko Atlantic Plot Prices Surge from N180m to Over N2bn
The cost of acquiring land in Lagos’ premier coastal development, Eko Atlantic, has skyrocketed from approximately N180 million in the early 2000s to ...
Business & Economy
Banks Record ₦156bn Loan Losses in Q1 2025 Amid Tough Economic Climate
— Zenith, UBA, First HoldCo top list as provisions reflect rising credit risks Eight leading Nigerian banks recorded a combined ₦156 billion in ...
Business & Economy
MAN Urges Full Privatisation of Refineries, Cites Dangote Model as Proof of Private Sector Efficiency
The Manufacturers Association of Nigeria (MAN) has called on the federal government to fully privatise the country’s four state-owned refineries, citing the superior ...