Nigeria’s external reserves rise by $4.39bn in one year
Nigeria’s external reserves rose by $4.39bn between December 23, 2024, and December 23, 2025, based on data from the Central Bank of…
Business
Capital market raises ₦753bn via commercial paper issuances — SEC
Nigeria’s capital market recorded over ₦753 billion in commercial paper issuances between April and October 2025, according to the Securities and Exchange…
Vitafoam announces bonus shares, proposes N3 dividend
Vitafoam Nigeria Plc has announced a 1-for-5 bonus share issue alongside a proposed dividend of N3.00 per share ahead of its 64th…
Eyesan assumes office as NUPRC Chief, vows upstream sector growth
The newly appointed Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Mrs Oritsemeyiwa Eyesan, has assumed office, pledging to advance…
IMTO inflows drop 11.78%, CBN data shows
Inflows from International Money Transfer Operators into Nigeria dropped by 11.78 per cent in the first half of 2025 compared with the…
Sanwo-Olu orders demolition of Lagos plaza after fire incident
Lagos State Governor Babajide Sanwo-Olu has indicated that the 22-storey Great Nigeria Insurance building gutted by a major fire will be demolished…
Broadband penetration hits 50% first time ever – NCC
Nigeria’s broadband penetration surpassed 50 per cent for the first time in November 2025, marking a milestone in the expansion of high-speed…
Lion King star stabbed to death, boyfriend arrested
A 25-year-old Broadway actress best known for portraying Young Nala in the stage adaptation of Disney’s The Lion King, Imani Dia Smith,…
BUA Foods to double dividend as profit soars
BUA Foods, Nigeria’s most valuable listed company, is projected to more than double its dividend payout this year, supported by strong profit…
Tax reforms to protect small businesses, spare the poor – Sanwo-Olu
Lagos State Governor Babajide Sanwo-Olu has assured residents that the federal tax reforms will neither burden the poor nor favour the wealthy,…
BP to sell 65% stake in Castrol to Stonepeak for $6bn
United Kingdom’s BP has agreed to sell a 65 per cent stake in its Castrol lubricants business to Stonepeak for $6 billion,…
ICPC flags 13 agencies as high corruption risk
The Independent Corrupt Practices and Other Related Offences Commission has identified 13 ministries, departments and agencies as high corruption risk in its…