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NGX gains ₦237.8bn as FUGAZ banking stocks lead

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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

Blog

NGF blames naira redesign, flood for agric sector's underperformance
News

US faults Nigeria’s agricultural imports duty suspension

The United States has criticized Nigeria’s implementation of a temporary suspension of import duties on certain agricultural products, aimed at curbing inflation. According to the US Department of State’s 2025 Nigeria Investment Climate Statement, the policy had limited impact due to lack of transparency in its implementation. The report highlights that Nigeria’s economy faced significant […]

Lufthansa pilots hold second strike in one week
Aviation

Lufthansa to cut 4,000 jobs by 2030

Lufthansa announced on Monday that it will eliminate 4,000 administrative roles by 2030 and raise its profitability targets, part of a broader push to improve efficiency through digitalisation and automation. The news lifted investor sentiment, with shares climbing 2 per cent in early trading before easing to a 1.3 per cent gain at 7.84 euros […]

Trapped forex: Expert pushes for ticket purchase in dollars
Aviation

Rising corporate travel keeps business-class fares stable

A new travel report shows diverging airfare trends for the fourth quarter, with economy-class intercontinental fares weakening even as rising corporate travel demand continues to support business-class prices. The report by Consultancy Advito projects that average fourth-quarter economy-class intercontinental fares will decline year over year across all global regions except Asia. The consultancy’s quarterly Travel […]

Aviation

Global airfares dip in H1 despite rising demand

Global corporate airfares fell in the first half of the year despite rising demand, while hotel rates climbed across most regions. This was disclosed in a report released by FCM Consulting’s Insights on Thursday, according to Business Travel News. The report, drawing on corporate booking data from FCM Travel and Flight Centre Travel Group, revealed […]

Business

AstraZeneca to list ordinary shares directly on NYSE market

AstraZeneca, the Anglo-Swedish pharmaceutical company has announced plans to list its ordinary shares directly on the New York Stock Exchange. This move is aimed at attracting a wider and more diverse base of investors. The pharmaceutical company stated on Monday that this direct listing would replace its current American Depositary Receipts listing on the Nasdaq, […]

Business

TotalEnergies sells 50% of North American solar asset to KKR

TotalEnergies announced on Monday that it will sell a 50 per cent stake in its North American solar portfolio to global investment firm KKR, in a deal that will bring the energy company $950 million in proceeds, including refinancing. The transaction covers six utility-scale solar assets and 41 distributed generation projects, primarily located in the […]

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
News

Nigeria’s raw materials exports rise despite value addition policy

Despite the federal government’s efforts to mandate value addition before export, the value of raw materials exported from Nigeria rose drastically by 159 per cent year-on-year to N1.87 trillion in the first half of 2025. This increase is also reflected in the quarter-on-quarter comparison, with a 67.8 per cent rise from N1.11 trillion in the […]

Business

NUPENG disowns ‘PTD Elders’ group, demands arrest

The Nigeria Union of Petroleum and Natural Gas Workers has disassociated itself from a group calling itself the Elders of its Petroleum Tanker Drivers branch. In a statement on Sunday, signed by National President Williams Akporeha and General Secretary Afolabi Olawale, NUPENG stated that the group has no recognition under its constitution. The union also […]

News

ICYMI: TUC threatens strike over workers dismissal at Dangote Refinery

The Trade Union Congress of Nigeria on Sunday issued a strike notice to its members, protesting what it described as “anti-worker” policies currently enforced by Dangote Refinery management. The union also warned of a potential nationwide strike if the refinery fails to reinstate dismissed employees and issue a full apology. In a statement signed by […]

News

Nigeria registers Tax-ID on global platform to boost digital trade

Nigeria has made a significant leap in its digital trade journey with the global registration of its Tax Identification Number and the Federal Inland Revenue Service’s designation as the country’s official Peppol Authority. Supported technically by the Standards Organisation of Nigeria, this achievement registers Nigeria’s TIN under the ISO/IEC 6523 International Coding System, granting Nigerian […]

Business

PenCom tightens capital rules for pension fund operators

The National Pension Commission has raised the minimum capital requirements for Pension Fund Administrators and Pension Fund Custodians to N20 billion and N25 billion, respectively. The new threshold must be met by 31 December 2026. The announcement comes in a recent circular from the regulator, which has introduced several key guidelines over the past week […]

Why Nigerian insurance is one of the lowest globally - CPPE
News

CPPE urges FG to boost key sectors for job-driven growth

The Centre for the Promotion of Private Enterprise has urged the Federal Government to take urgent action in agriculture, manufacturing, construction, real estate, and trade to turn Nigeria’s current growth momentum into a more resilient and employment-driven economy. CPPE’s Chief Executive Officer, Dr. Muda Yusufon Sunday called for structural interventions in sectors that directly affect […]

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