Business

UK court freezes $40m assets of Nigerian oil

  • 5th May 2026
UK job vacancies drop 23%, signaling economic slowdown

UK mortgage affordability hits 18-year high as repayments

  • 5th May 2026

Trump’s World Liberty Financial sues crypto entrepreneur for

  • 5th May 2026

Private sector confidence rises as agriculture drives April

  • 5th May 2026

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UK court freezes $40m assets of Nigerian oil tycoon

Business
UK job vacancies drop 23%, signaling economic slowdown

UK mortgage affordability hits 18-year high as repayments exceed

Business
Vodafone partners Intel to build chipset

Vodafone to fully acquire UK mobile giant in £4.3bn

Telecommunications

Trump’s World Liberty Financial sues crypto entrepreneur for defamation

Business

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Finance

NGX rings bell for gender equality on Women’s Day

The Nigerian Exchange Group, in partnership with Central Securities Clearing System and Women in Management, Business and Public Service, will mark International Women’s Day 2026 by Ringing the Bell for Gender Equality tomorrow, Tuesday at NGX Group House in Lagos. The event will leverage the closing gong ceremony to highlight the role of capital markets […]

NELFUND to launch vocational loan scheme in Enugu by July
featured Finance

NELFUND disburses ₦206.29bn loans to 1.16m students

The Nigerian Education Loan Fund has disbursed a total of ₦206.29 billion in student loans to 1,164,222 beneficiaries since the scheme’s launch. This figure was contained in the fund’s Daily Status Report released as of March 9, 2026. Since the application portal opened on May 24, 2024, a total of 1,734,985 students have applied for […]

Business

Dangote, Adenuga, Otedola make Forbes 2026 Africa rich list

Four Nigerians, Aliko Dangote, Abdulsamad Rabiu, Mike Adenuga, and Femi Otedola — have been listed among Africa’s richest individuals in 2026. The names appear in the latest Africa Billionaires ranking released by Forbes, underscoring Nigeria’s continued presence among the continent’s wealthiest business leaders. The updated ranking shows that Africa’s billionaire class significantly expanded their fortunes […]

Inspiration

IWD: Sanwo-Olu, Funke Akindele, others urge strategic support for women

The First Lady of Lagos State, Dr Ibijoke Sanwo-Olu; filmmaker Funke Akindele; singer Waje; dancer Kaffy; drummer Ara; and vocalist Yinka Davies have called for strategic investment in women to boost the nation’s economy. As the world commemorates International Women’s Day 2026, Wema Bank hosted a high-profile gathering in Lagos. The event brought together leaders, […]

featured Ports and Airports

Clearing agents vow to shut ports amid new charges

Crisis is brewing at Nigerian ports following a 50 per cent increment in charges by foreign shipping companies. The leadership of the Association of Nigerian Licensed Customs Agents has threatened to shut down shipping companies if the new rates are not reversed. Foreign shipping companies operating at Nigerian ports recently increased their rates by 50 […]

Maritime

Nigerian shippers intensify maritime reforms for $1trn economy goal

The Nigerian Shippers’ Council has intensified efforts to reposition the country’s maritime sector as a key driver of the Federal Government’s target of building a $1 trillion economy by 2030. Digital transformation and institutional modernisation have emerged as the central pillars of the council’s reform agenda. The renewed push was unveiled during a five-day strategic […]

Business

Manufacturing VAT surges 54.7% to ₦875bn in nine months

Nigeria’s manufacturing sector contributed N875.420 billion to Value Added Tax in the first nine months of 2025. This figure surpassed the N566.011 billion recorded in the corresponding period of 2024 and the N578.394 billion generated throughout the entire 2023 fiscal year. VAT remittances from manufacturers increased by 54.7 per cent year-on-year between January and September […]

Oil and Gas

Oil price hike is small price to pay for peace – Trump

United States President Donald Trump dismissed the recent crude oil price spike, describing it as a “small price to pay” to eliminate Iran’s nuclear threat. Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday, driven by fears that the escalating war in the Middle East could lead […]

Business

Qatar LNG halt could wipe out 2026 supply surplus – Report

Analysts at Morgan Stanley have cautioned that a production pause in Qatar, a leading exporter of liquefied natural gas, could erase most of the expected global LNG supply surplus for 2026, amid escalating tensions in West Asia disrupting energy markets. In a note dated March 8, analysts led by Devin McDermott warned that if the […]

Crude hits $83 as Nigeria's export passes 1.4mbpd
featured Finance

Stock market rises 2.14% amid crude oil price surge

The stock market closed higher Week-on-Week recording gains in four of the five trading sessions, amid rise in crude oil prices. Breakdown of the market shows that investors continued to accumulate fundamentally strong stocks across major sectors. The bargain hunting by market participants took advantage of recent price corrections to rebuild positions in blue-chip and […]

Naira strengthens slightly to N1,534.52/$ at official market
featured Finance

Naira eases slightly to ₦1,391.58/$ Monday

The Naira began the second full trading week of March 2026 with a slight easing against the United States Dollar on Monday, March 9, 2026. Real-time data from the Nigerian Foreign Exchange Market (NFEM) and informal trading channels indicate that the local currency is navigating a period of moderate volatility as corporate demand for the […]

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