Category: Business

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

Alex Omenye Nigeria’s non-oil exports have risen to $1.791 billion in the first quarter of...

British High Commission praises UK-Nigeria collaboration 

The British High Commissioner to Nigeria, Dr. Richard Montgomery, has praised the collaborative efforts between...

PenCom targets power firms in crackdown on pension non-compliance

The National Pension Commission is escalating its efforts to recover billions of naira in unpaid...

Toyota explores $42b investment for potential buyout of parts supplier

Toyota Motor Corp announced on Saturday that it is evaluating various options, including a partial...

NNPC Gas to acquire 5.2 million SCFD CNG facility

NNPC Gas Marketing Limited, a subsidiary of the Nigerian National Petroleum Company Limited is making...

Private jet demand drops as tariffs worry potential buyers – Report

Commercial air travel is seeing a drop in demand, as consumer confidence dips. Even wealthy...

BUA Cement’s pre-tax profit jumps 368.58% to N99.741b in Q1 2025

BUA Cement Plc has reported impressive financial results for Q1 2025, with pre-tax profit soaring...

Afreximbank opens applications for 2025 internship program

The African Export-Import Bank is offering a competitive 6-month Internship Program for students and recent...

FG introduces new tax credit scheme amid reform

The Federal Government is introducing the Economic Development Incentive as part of its ongoing tax...

Ford halts shipments of SUVs, trucks, sports cars to China

Ford has paused shipments of its SUVs, pick-up trucks, and sports cars to China as...

3,700 people hospitalized as sandstorm hits Iraqi airports

Visibility dropped to less than one kilometre (about half a mile) in central and southern...

FG to expand Nigeria’s digital service providers across Africa

The Federal Government, through the Ministry of Industry, Trade, and Investment, has launched a new...

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