Category: Business

Dangote Cement records historic ₦1.01tn profit in 2025

Dangote Cement has announced its audited results for the full year ended 31 December 2025....

QatarEnergy shuts LNG operations after Iranian strikes hit facilities

QatarEnergy has said it has stopped liquefied natural gas production after Iranian strikes hit key...

FG begins enforcement of executive order 9 on oil revenues

The Federal Government has begun implementing Executive Order 9 of 2026, which requires the direct...

FG divides OPL 245 into four assets for Eni, Shell

The Federal Government has divided the controversial OPL 245 oil block into four separate assets...

MTN projects sharp profit turnaround with strong Nigerian, Ghanaian operations

Africa’s biggest mobile network operator, MTN Group Ltd., has forecast that its full-year earnings will...

NUPRC incorporates 155 host community trusts in Niger Delta

The Nigerian Upstream Petroleum Regulatory Commission has officially incorporated 155 Host Community Development Trusts (across...

Nigeria’s trade surplus rose to $1.28bn in November 2025 — CBN

Nigeria recorded a $1.28 billion trade surplus in November 2025. This represents a 4.1 per...

Soludo defies court order, demolishes Onitsha main market shops

Traders at Onitsha Main Market were left in shock and distress on Sunday as Governor...

FG, AFC sign deal to fund $1.3bn mining projects

The African Finance Corporation and the Federal Government, acting through the Solid Minerals Development Fund,...

OPEC+ to hike oil supply as Iran crisis pressures markets

OPEC+ has agreed in principle to a modestly larger oil output increase next month, as...

Oil tanker attacked near Strait of Hormuz

Oman’s Maritime Security Centre said an oil tanker, Skylight, flying the flag of the Republic...

Plateau seals two restaurants over poor sanitation

Plateau Environmental Protection and Sanitation Agency has sealed two restaurants in Jos for poor sanitary...