Category: Business

FG allots ₦1.54tn in January 2026 bond auction

The Federal Government allocated a total of ₦1.54 trillion at its January 2026 bond auction,...

NNPC, Chevron complete Awodi-07 appraisal, exploration well

The Nigerian National Petroleum Company Limited has announced that Chevron Nigeria Limited, the operator of...

PAYE reductions boost workers’ salaries – Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said Nigerian...

Dangote Cement inducts 200 engineers after graduate training

Dangote Cement Plc has inducted nearly 200 newly trained engineers and other professionals into its...

Unilever Nigeria’s 2025 profit after tax hit N30.7bn

Unilever Nigeria Plc has reported a 99 per cent increase in profit after tax to...

Nigeria eyes Africa’s second-largest cloves production with 74,000 farmers

Nigeria is poised to become Africa’s second-largest commercial producer of cloves, with 74,000 farmers gearing...

LIRS begins enforcement of substitution powers for tax recovery

The Lagos State Internal Revenue Service has announced plans to enforce its statutory power of...

External reserves hits $46bn, highest in nearly eght years

Nigeria’s external reserves have surpassed the $46 billion milestone for the first time in nearly...

UK sets £40bn target for education exports by 2030

The United Kingdom government aims to boost British education abroad, setting a new target of...

Cashew industry generates over $400m from export – FACAN

Nigeria’s cashew industry has generated more than $400 million in export earnings, bolstering the country’s...

Nestlé ‘recovers all plastic’ placed on Nigerian market

Nestlé Nigeria says it has reached 100 per cent plastic neutrality, recovering every tonne of...

Tinubu approves commercial oil exploration at Tongeji Island, Ogun

President Bola Tinubu has given approval for the start of commercial oil exploration at Tongeji...