The United States Trade Representative (USTR) has slammed Nigeria’s continued import ban on 25 categories of goods, describing it as a significant barrier to American exports....
Several state governors are reportedly blocking local government chairmen from opening Central Bank accounts, a key step in implementing the Supreme Court’s ruling on LG autonomy....
The FCMB Group has revealed that the N144.6bn additional funds that it raised through its public offer had a limited impact on its earnings for the...
ZAL Farms, an initiative of ZAL Group, has graduated fifty Niger Delta University students in innovative farm production techniques, including those in the Agro-YIELD program, and...
Ecobank Nigeria Limited has filed a motion at the Federal High Court in Lagos seeking an order to restrain Dr. Tunde Otudeko, son of billionaire businessman...
Elon Musk has transferred ownership of the social media platform X to his artificial intelligence company, xAI, in a deal valued at $33 billion. The move,...
The price of petrol in Nigeria has surged to N970 per litre at filling stations, causing concern among consumers already struggling with rising living costs. The...
Forbes has released its 2025 Billionaires List, featuring four Nigerian business moguls—Aliko Dangote, Abdulsamad Rabiu, Femi Otedola, and Mike Adenuga. They are the only Nigerians to...
Private oil depots in Nigeria have raised the price of petrol to N900 per litre, citing rising crude oil prices and other global market factors. The...
The Nigerian naira has appreciated to ₦1,560 per dollar in the parallel market, marking a gain against the U.S. dollar. This development comes amid ongoing fluctuations...
The Proprietor of Goodwill Private Schools, Ikorodu, Lagos State, Pastor Sunday Omonivi Enikuomehin, has demanded a N2 billion compensation from First City Monument Bank for the...
The Federal Airports Authority of Nigeria has announced the temporary closure of the Samuel Ladoke Akintola Airport, Ibadan, Oyo State. In a statement on Sunday, FAAN...
Petrol marketers in Nigeria may resort to selling fuel in dollars if the proposed Naira-for-crude oil deal fails, according to the Independent Petroleum Marketers Association of...
About N1.7 trillion in revenue by the Federal Account Allocation Committee (FAAC) has been shared by the federal, state and local governments in February 2025. A...
Nigeria remains open to cryptocurrency firms even as it pursues an $80 billion lawsuit against Binance, according to Information Minister Mohammed Idris. Regulating, Not Crippling the...
The House of Representatives has passed four significant tax reform bills aimed at overhauling Nigeria’s tax system. Among the key changes is a revision of the...
The Federal Government of Nigeria has signed the Green Imperative Project agreement with Brazil, a deal that will see the South American nation invest about $8...
The Nigeria Customs Service (NCS) Apapa Area Command achieved a remarkable milestone on Friday, March 14, 2025, collecting a record N18.9 billion in revenue in a...
The Dangote refinery has commenced initial operations at its polypropylene plant in Lagos, marking a significant milestone in its commissioning process. The facility, which has an...
MTN Nigeria’s service revenue surged by 35.6% in March following tariff adjustments implemented in February. A report by its group office in South Africa on Monday,...
Lagos State, Nigeria, continues to solidify its status as an economic powerhouse, boasting a nominal GDP of $101.08 billion, making it larger than the economies of...
The price competition in the downstream oil sector continued on Thursday as the Dangote Refinery discreetly lowered petrol loading costs at its loading gantry, reducing the...
Wema Bank Plc has reported a significant system glitch that led to the unauthorized withdrawal of customers’ funds, amounting to approximately N888.3 million. The financial institution...
A major financial scandal has emerged at FirstBank Nigeria Ltd, Abiriba Branch, as businessman Dr. Eke Agbai has taken legal action against the bank over the...
Oil price steadied after the Organization of the Production Export Countries released its monthly report, with Brent crude maintaining its earlier gains, trading above $70 a...
The appointment of Adewale Adeniyi as the 31st Comptroller General of the Nigeria Customs Service (NCS) has ushered in a wave of transformative reforms, enhancing efficiency...
A Lagos High Court in Ikeja on Tuesday arraigned First City Monument Bank (FCMB) alongside three other defendants over an alleged mortgage fraud. The defendants include...
Wema Bank Plc has awarded a total of $200,000 in grants to 18 startups through its Hackaholics initiative, aiming to foster digital transformation and contribute to...
