Category: Business

FG unveils Lagos gold refinery, prepares $600m lithium plant

The Federal Government has begun operations at a high-purity gold refining plant in Lagos, while...

Nigeria considers law bill to regulate AI

Nigeria is poised to enact legislation that would make it one of the first African...

Why Nigeria’s biggest firms now spend heavily – Report

Nigeria’s largest listed companies are committing substantial capital to property, plant and equipment as they...

Tinubu approves Nigeria’s carbon market framework to boost green investment

President Bola Ahmed Tinubu has given formal approval to Nigeria’s Carbon Market Framework, a development...

Cyber-fraud surpassed ransomware as CEOs’ biggest concern – WEF

The World Economic Forum has singled out Artificial Intelligence as the most influential factor set...

Apple taps Google to power new AI features

Apple is partnering with Google to drive its artificial intelligence capabilities, including a major Siri...

Ogun Free Trade Zone fire not caused by gas explosion — NEPZA

The Nigeria Export Processing Zones Authority and China-Africa Investment FZC, managers of the Ogun Free...

Nigerian startup Terra Industries secures $11.75m funding

Terra Industries, a defense technology startup founded by 22-year-old Nathan Nwachuku and 24-year-old Maxwell Maduka,...

FG to raise N189bn in 2026 via asset sales

The federal government aims to generate over N189 billion in 2026 through the sale of...

Minister urges states to adopt modern boats amid rising waterway accidents

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on state governments nationwide...

NDIC recovers additional N24.3bn from Heritage Bank assets for depositors

The Nigeria Deposit Insurance Corporation has recovered an additional N24.3 billion from the assets of...

FG allocates N6.04bn on salaries for idle Ajaokuta Steel Complex

The Federal Government plans to spend N6.04 billion on personnel costs for Ajaokuta Steel Company...