Category: Business

Dangote Sugar launches massive ₦486bn rights issue

Dangote Sugar Refinery Plc has launched a N485.88 billion rights issue, offering existing shareholders the...

CBN extends PoS geo-fencing enforcement deadline

The Central Bank of Nigeria has extended the enforcement of its Point-of-Sale terminal geo-fencing requirement...

Lagos reports N80bn income from building permit applications

The Lagos State Government generated approximately N80 billion in revenue from building approval applications in...

LG Electronics’ shares surge 23% after Google-powered innovations

LG Electronics shares surged 23.95 per cent after unveiling Google-powered Android Automotive innovations for multi-display...

Nigeria capital market transitions to T+1 settlement cycle

The Securities and Exchange Commission, Central Securities Clearing System Plc, Nigerian Exchange Group, and other...

Three oil tankers struck by drones off northern Turkey – Report

Three oil tankers linked to Russia’s so-called shadow fleet were hit by drones in the...

Bitcoin falls below $73,000 despite Trump crypto policy push

Bitcoin briefly slipped below US$73,000 even after Donald Trump renewed his push for the CLARITY...

Lawyer who killed gaming tycoon Lin Qi executed – Report

A Chinese lawyer who poisoned and killed billionaire gaming tycoon Lin Qi, an executive involved...

Ousted BP chief rejects conduct claims, defends modest office lifestyle

The former BP chair has pushed back strongly against what he calls “lies” about his...

Oura launches Ring 5, world’s smallest smart ring

Finnish-American smart ring maker Oura Health has unveiled its latest device, the Ring 5, as...

Ferrari CEO defends €550,000 price tag on first electric car

Ferrari CEO Benedetto Vigna on Thursday defended the 550,000-euro (about $640,000) price tag of the...

Nigeria’s oil revenue misses budget targets in Q3

Nigeria’s oil revenue performance fell sharply below budget expectations in the third quarter of 2025,...