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ADVAN recognised for advancing marketing practice, societal impact

  • 25th April 2026

International Breweries posts ₦40.31bn pre-tax profit in Q1

  • 25th April 2026
Nigerian crypto firm convicted for illegal USDT-Naira transactions, forfeits N140m

EFCC arrests ex-Skye Bank CEO Tunde Ayeni over

  • 25th April 2026

Oil prices hit $105 as US-Iran ceasefire talks

  • 24th April 2026

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ADVAN recognised for advancing marketing practice, societal impact

Business
FG approves Air Peace for direct Nigeria-Brazil flights as strategic aviation routes

Fuel hike: Air Peace cuts Abuja-London flights to three

Aviation featured

International Breweries posts ₦40.31bn pre-tax profit in Q1

Business

United Capital approves ₦18bn total dividend payout for 2025

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Business

CBN faults IMF’s report on 24% Anchor Borrowers’ payment 

The Central Bank of Nigeria has revealed that a total of N503bn representing 52.39 percent of the disbursed funds under the Anchor Borrowers’ Programme  has been paid by farmers. This contradicts the claim by the International Monetary Fund that only 24 percent of the loan had been paid. The new development was disclosed in a […]

Logo and the photo of the Central Bank of Nigeria's building
Business featured

Nigeria’s fiscal deficit hits N7.34trn in 2022

The Central Bank of Nigeria in its figure recorded a fiscal deficit of N7.34 trillion between January 2022 and November 2022. The Punch reported that the CBN disclosed this in the statement presented by a Monetary Policy Committee member, Mike Obadan, at the last MPC meeting in January. Meanwhile, fiscal deficit occurs when government revenue […]

Census Ad hoc Staff collating report
Business

Census: FG establishes basket fund donations  

The Federal Government of Nigeria plans to establish a basket fund to receive donations for the 2023 population and housing census. This was disclosed on Monday by the Minister of State for Budget and National Planning, Clem Agba, at a strategic partners engagement to solicit funds for the 2023 census in Abuja. The Punch reported […]

NDE holds finance, business training for unemployed graduates
Conferences

DE holds finance, business training for unemployed graduates

1235 graduates of the National Directorate of Employment have began a five-day program on Monday at the National Directorate of Employment. The NDE’s Director General, Malam Abubakar Fikpo, revealed this during the training’s Yola opening ceremony. Anambra, Bayelsa, Cross River, Delta, Edo, Gombe, Imo, Kebbi, Kogi, Kwara, Lagos, Ogun, Osun, Plateau, Sokoto, and Taraba states all […]

NNPCL moves to sell shares, seeks strategic partners
Appointments

NNPC takes over as OML 18 operator

The Nigerian National Petroleum Company Limited has replaced Eroton Exploration and Production Limited as the new operator of Oil Mining Lease 18.   The Cable reported that, NNPC spokesperson, Garba Deen Muhammad, disclosed this in a statement on Monday.   NNPC said the action was taken to curtail further degradation of the asset and revamp […]

No plan to sue Nigerian govt - Huawei
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No plan to sue Nigerian govt – Huawei

A media report claiming that Huawei Technologies, a global provider of ICT infrastructure, had decided to challenge the Federal government in London over a $304 million e-customs project because of efforts by the Nigeria Customs Service to award the concession arrangement to another company has been debunked. Huawei Technologies is one of the Special Purpose […]

EXXONMOBIL-REFINERY
Business

ExxonMobil to complete sale of shallow water assets soon

Energy leader, ExxonMobil, said it is hopeful to sell its shallow water oil production assets to Seplat Energy soon upon approval from the Nigerian government. This was disclosed in a statement by the President of Global Upstream, Liam Mallon, issued to Reuters. According to Nairametrics, the statement was made ahead of the CERAWeek Energy Conference […]

TotalEnergies to invest $6bn in Nigeria's Deepwater
Oil and Gas

TotalEnergies to earn N85 billion in Q2 2023 – Report

For the second quarter of the year ending in June 2023, TotalEnergies Marketing Nigeria Plc hopes to generate N84.86 billion in revenue. AmBusiness reported that this information was provided in the company’s Q2 2023 earnings forecast report provided to the Nigerian Exchange Limited. The corporation expects to generate a profit of N14.69 billion. Additionally, it aims to […]

TETFund urges FG to increase education tax
Economy

Offer duty-free market access, Buhari urges developed nations

In order to ensure the 46 least developed countries’ integration into regional and global value chains, the President, Major General Muhammadu Buhari (retd.), has urged developed and developing countries to offer duty-free and quota-free market access for their goods. The News Agency of Nigeria reported that according to a statement from the president’s spokesperson, Garba […]

Collapsed buildings in Turkey after the earthquake
Business

Earthquake: Turkey’s Central Bank gets $5bn from Saudi

Saudi Arabia announced on Monday that it was depositing $5 billion in the Turkish central bank in an effort to help the country combat inflation and the effects of last month’s earthquake ahead of presidential elections. According to Agence France Presse, this was said in a statement by the Saudi government. The statement revealed that […]

People take part in the Global Climate Strike of the movement Fridays for Future, in Berlin, Germany, March 3, 2023. (File/AFP)
Business

Germany may lose €900bn to climate change by 2050

Climate change may cost Europe’s biggest economy, Germany, about 900 billion euros in cumulative economic damage by 2050. This is according to a study that came out on Monday, as Germany seeks climate adaptation measures to cut the damages bill that would be caused by the extreme weather conditions. Reuters reported that this study by […]

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