Category: Business

Elon Musk’s fortune jumps $30.7b in just 24 hours

Elon Musk has seen his fortune soar by an estimated $30.7 billion (about KES 3.9...

FCCPC probes possible cement price manipulation

The Federal Competition and Consumer Protection Commission has launched an investigation into major cement manufacturers...

Dangote Refinery secures $1bn underwriting programme ahead of IPO

The Dangote Petroleum Refinery and Petrochemicals has secured a $1bn underwriting programme as it prepares...

MultiChoice Nigeria insists local decisions remain unaffected by CANAL+

MultiChoice Nigeria has reaffirmed its operational autonomy under CANAL+, saying its pricing, content strategy, channel...

DMO allots N1.56tn bonds amid strong demand

Nigeria’s Debt Management Office allotted a total of N1.56 trillion through three Federal Government of...

SEC clears Blockchain, others for regulatory incubation

Nigeria’s Securities and Exchange Commission has admitted three virtual asset service providers, including Blockchain, into...

FG to connect all riverine communities to telecom network

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, has announced that all...

Crude oil prices rise as Iran rules out talks with US

Crude oil prices rose on Monday after Iran ruled out talks to extend its memorandum...

India-Nigeria trade hits $9bn, rises by 26%

India-Nigeria bilateral trade rose by 26 per cent to about $9 billion in 2025–26, from...

High lending rates still threaten manufacturing sector recovery — MAN

The Manufacturers Association of Nigeria has warned that the high cost of credit and rising...

FG resets profit-sharing terms to attract new deep offshore investments

The Federal Government has introduced a major fiscal incentive for new deep offshore oil and...

Banks, fintechs file 42,082 suspicious transaction to NFIU – Report

Banks, fintech operators and other reporting entities submitted 42,082 Suspicious Transaction Reports to the Nigerian...