Category: Business

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...

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...