Category: Business

Nigeria, Chinese firm partner on $400m Ogun steel project

The Federal Government has entered into a $400 million Strategic Cooperation Agreement with Stellar Steel...

VFD Group profit surges 61.5% to ₦7.9bn in nine months

VFD Group Plc recorded a robust performance for the period ended September 30, 2025, with...

Local contractors threaten protest over unpaid 2024 projects debt

The Association of Indigenous Contractors of Nigeria has threatened to stage a nationwide protest on...

FIRS orders 10% withholding tax on short-term securities

The Federal Inland Revenue Service has directed banks, stockbrokers, and other financial institutions to withhold...

Manufacturers urge stronger policy support for industry recovery

Manufacturers have called for stronger and more consistent policy support to sustain Nigeria’s fragile industrial...

Nasarawa shuts down Lafia market over poor sanitation

The Nasarawa State Government has ordered the immediate closure of the Lafia Modern Market due...

Foreign investment hits N1.03tn in Nigerian stock market – NGX

Foreign portfolio investors have invested N1.03 trillion in Nigerian equities during the first nine months...

SEC warns of declining capital market participation amid crypto boom

The Securities and Exchange Commission has expressed concern over Nigerians’ increasing shift from traditional capital...

ICYMI: Alake woos global investors with mining sector reforms

Minister of Solid Minerals Development, Dele Alake, has urged investors to scale up their investments...

Nigerian Breweries revenue jumps 48% to ₦1.04trn in nine months

Nigerian Breweries Plc has posted a group revenue of ₦1.04 trillion for the nine-month period...

Germany–Nigeria trade jumps 30% to €3b

Germany–Nigeria trade relations have grown significantly, rising by 30 per cent to reach €3 billion....

UBA, Renewvia partner to deploy solar power across 25 branches

In a significant step towards deepening economic ties between Nigeria and Norway, United Bank for...