Category: Business

Firm secures $50bn investment to develop refinery in Ondo

Ondo State’s industrialisation agenda has received a major boost as Backbone Infrastructure Limited secured funding...

FG’s 15% import levy stems from regulatory lapses – Expert

Co-Founder and Chief Executive Officer of Dairy Hills, Kelvin Emmanuel, has attributed the 15 per...

FG, private sector launch engagement forum to boost economic ties

The Federal Government, through the Ministry of Finance, has hosted the inaugural edition of the...

DMO opens subscription for November 2025 FGN savings bond

The Debt Management Office has opened subscriptions for the November 2025 issuance of the Federal...

Edun reaffirms FG’s commitment to sustaining economic reforms

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated the...

FG approves ₦11.99bn for unpaid doctors’ salaries

The Federal Government says it will release ₦11.99 billion within 72 hours to clear outstanding...

NLC urges PenCom to crack down on pension defaulters

The President of the Nigeria Labour Congress, Joe Ajaero, has called on the National Pension...

FG reaffirms commitment to fast-tracking Brass Gas project

The Federal Government has reaffirmed its commitment to accelerating the completion of the multi-billion-dollar Brass...

Shell’s net profit surges 24% to $5.3bn despite price drop

British oil and gas giant Shell on Thursday said its net profit rose 24 per...

Volkswagen posts €1bn loss amid US tariffs, Porsche woes

Volkswagen reported its first quarterly loss in five years on Thursday, topping one billion euros,...

FG urges S’East businesses to utilize ECOWAS trade scheme

The Federal government has urged the business community in the South East to avail themselves...

Job cuts loom at Paramount Skydance months after merger completion

Paramount Skydance will begin cutting nearly 1,000 jobs on Wednesday, just months after completing its...