Category: Business News

The Nigerian equities market opened the week on a bearish note, as investors embarked on profit-taking in high-cap stocks, leading to a ₦94bn loss in market capitalisation at the close...

The Abia State Government has announced that Turkish investors have expressed strong interest in key sectors of the state’s economy ahead of the Abia–Turkiye Investment Summit and Product Exhibition, scheduled...

The organisers of the National Quality Conference and Awards have announced the postponement of the fifth edition of the annual event to Friday, March 27, 2026, citing logistical challenges and...

Universal Insurance Plc has reported a significant leap in profitability for the 2024 financial year, with profit before tax rising by 291 per cent to ₦2.01bn, up from ₦526.7m in...

Global crypto exchange platform Bitget has unveiled an artificial intelligence-powered trading assistant, GetAgent, into the Nigerian market to enhance trading efficiency and precision for local traders. According to a statement...

Tianjin, China — Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has called on international investors to increase their stakes in the country’s fast-evolving solid minerals sector, touting reforms...

Africa’s richest man, Aliko Dangote, is seeking an additional $5 billion to expand his multi-billion-dollar refinery in Lagos, according to the new President and Chairman of the Board of the...

Nigeria imported about 15.01 billion litres of petrol between August 2024 and the first 10 days of October 2025 representing roughly 69 percent of the total national fuel supply during...

A maritime research organisation, the Sea Empowerment and Research Center (SEREC), has blamed recurring boat accidents across Nigeria on weak enforcement of safety regulations, limited community engagement, poor data collection,...

The Nigerian National Petroleum Company Limited (NNPCL) has called on the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to intensify its investment facilitation efforts, especially in deepwater projects, to ensure Nigeria...