Business

Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

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Some Populer Post

Canada visa wait-time rises for Nigerian applicants — IRCC

Travel

Firms, households expect inflation pressures to ease further —

Economy

Trump signs new executive order banning birth tourism

Travel

Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

Business

Blog

Emirates airline to enable crypto payments for flights
Aviation

Emirates to unveil Starlink WiFi across entire fleet

Emirates announced on Monday that it will equip its entire in-service fleet with Starlink WiFi, starting with Boeing 777 aircraft in November 2025 and finishing the rollout by mid-2027. Emirates said the Starlink WiFi service will be free for all passengers across every cabin on equipped aircraft, offering one-click access with no payment or Skywards […]

Business

PenCom confirms pension disbursement for November retirees

The National Pension Commission has confirmed that it has completed pension payments for all retirees who left service in November, signaling an end to the long-standing delays in entitlements for workers in treasury-funded Ministries, Departments, and Agencies. The Head of Corporate Communications at PenCom, Mr. Ibrahim Buwai made this disclosure on Sunday in Abuja, according […]

News

Court freezes oil firm’s accounts over N3.17bn debt

Justice Akintayo Aluko of a Federal High Court, Lagos, has issued an interim order freezing the bank accounts of Plural Oil Marketing Limited and two of its directors over an alleged indebtedness of N3.17 billion and $835,486.76 owed to Providus Bank Limited. The order was granted on October 7, 2025. The order followed an ex […]

Business

FG to build 500 CNG stations

The Federal Government plans to set up 500 Compressed Natural Gas refuelling stations nationwide within three years to speed up Nigeria’s shift to cleaner, cheaper fuels and reduce reliance on petrol. The move follows the completion of talks between the Midstream and Downstream Gas Infrastructure Fund and Chinese equipment maker Endurance Group on deploying large-scale […]

featured Finance

British pound trades high, official rate nears ₦1,900

The British pound is trading for approximately ₦1,880 to ₦1,900 in Nigeria’s formal foreign exchange channels on Monday, November 17, 2025. Meanwhile, the informal or parallel market quotes are hovering slightly higher at around ₦1,900 to ₦1,920 per £1. The rate reflects a continuity of recent trends in the Central Bank of Nigeria’s foreign-exchange policy […]

Maritime

Private sector welcomes N20bn insurance bond for containers

The Organised Private Sector, represented by the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, has welcomed the introduction of a N20 billion collective insurance bond. This bond, backed by a consortium of insurers, is intended to replace the long-standing container deposit system in Nigeria’s maritime trade. The new scheme, designed to protect […]

36 states spend N139.92bn on external debt in six months
featured Finance

Naira official rate holds steady near ₦1,444 amid FX calm

The Nigerian naira traded largely steady on Monday, November 17, 2025. The official Daily Nigerian Foreign Exchange Market or VWAP rate hovered around ₦1,441–₦1,444 to the United States dollar, reflecting continued stability. Meanwhile, traders in the parallel (cash/black) market quoted the greenback at roughly ₦1,450–₦1,460. The official NFEM fixing, calculated as a volume-weighted average price, […]

Business

Tantalizers signs five-year export deal for prawns, shrimps

Tantalizers Plc has entered a five-year tripartite Offtake Agreement with its subsidiary, Tantalizers Fisheries Limited, and Harvester Fisheries LLC for the export of tiger prawns and shrimps. According to a disclosure filed with the Nigerian Exchange Limited on Friday, Tantalizers and its subsidiary will supply Harvester Fisheries LLC — a U.S.-based seafood importer and distributor […]

Banking

FCMB appoints Oluyinka Johnson as non-executive director

First City Monument Bank has appointed Ms. Oluyinka Johnson as a Non-Executive Director, following approval from the Central Bank of Nigeria. Ms. Johnson brings over 20 years of experience in strategic leadership and operational excellence across the financial and business sectors. Her career includes key roles at First Bank of Nigeria Ltd, where she served […]

Business

FG pays nearly $3bn on Eurobond servicing

The Federal Government has spent approximately $2.93 billion on servicing Eurobond debt over eight quarters under President Bola Tinubu, according to Debt Management Office records. The data, spanning Q3 2023 to Q2 2025, show that Eurobond repayments made up 31.5 percent of Nigeria’s total external debt service of $9.32 billion during this period. Notably, interest payments dominated the […]

Appointments featured

Tinubu to appoint new ambassadors after prolonged delay

President Bola Tinubu is reportedly set to appoint ambassadors to Nigeria’s foreign missions in major countries within the coming weeks, according to top sources within the presidency. This move addresses increasing public concern that the extended absence of substantive envoys has weakened the country’s diplomatic presence overseas, especially in key strategic locations like the United […]

News

Halt Delta oil drilling over land dispute, Edo begs Tinubu

The government of Edo State has called on President Bola Tinubu to halt any further crude oil drilling activities in the disputed oil wells located between Edo and Delta states until the ownership matter is officially resolved. Edo State Deputy Governor, Hon. Dennis Idahosa, made this crucial appeal during a meeting held over the weekend […]

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