Category: Business

Nigeria’s Q4 trade surplus slumps to N1.71tn amid falling oil exports

Nigeria’s merchandise trade surplus dropped sharply to N1.71 trillion in the fourth quarter of 2025,...

FCCPC crucial for protecting Nigeria’s business environment – Kekere-Ekun

The Chief Justice of Nigeria, Justice Kehinde Kekere-Ekun, has described the Federal Competition and Consumer...

Tinubu approves fiscal incentives to unlock $20bn Bonga project

President Bola Ahmed Tinubu has approved a targeted fiscal incentive package to unlock the long-delayed...

Dangote Refinery prepared to compete amid regulatory fairness – CEO

The Chief Executive Officer of the Dangote Petroleum Refinery & Petrochemicals, David Bird, has said...

Expanding local refineries won’t guarantee cheaper petrol, says CPPE

The Centre for the Promotion of Private Enterprise has cautioned that expanding domestic refining capacity...

Dangote, Adenuga, Otedola make Forbes 2026 Africa rich list

Four Nigerians, Aliko Dangote, Abdulsamad Rabiu, Mike Adenuga, and Femi Otedola — have been listed...

Manufacturing VAT surges 54.7% to ₦875bn in nine months

Nigeria’s manufacturing sector contributed N875.420 billion to Value Added Tax in the first nine months...

Qatar LNG halt could wipe out 2026 supply surplus – Report

Analysts at Morgan Stanley have cautioned that a production pause in Qatar, a leading exporter...

NSDC, BOI launch ₦10bn Sugar project acceleration fund for greenfield projects

The National Sugar Development Council and the Bank of Industry have created the Sugar Project...

Nigerian Navy dismantles illegal refineries, recovers stolen crude in Rivers

The Nigerian Navy says it has dismantled illegal crude oil refining sites and recovered suspected...

IMF warns rising oil prices could drive global inflation

The International Monetary Fund has warned that a sustained increase in oil prices could raise...

Women entrepreneurs key to Nigeria’s $1trn economy goal — FG

The Federal Government has stated that empowering women-led enterprises is essential to achieving Nigeria’s one...