Category: Business

Fans barred from bringing reusable bottles into World Cup stadiums

FIFA officials have reversed their decision on allowing fans to bring reusable water bottles into...

Nigerian stocks shed ₦5trn as investors take profit from June 1

Nigerian stocks have lost more than N5 trillion in value since June 1 as profit-taking...

Senate approves new tax framework on sugar-sweetened beverages

The Senate has approved a new excise duty framework for sugar-sweetened beverages, replacing the existing...

CBN surpasses target, raises N1.457tn in June treasury bill auction

The Central Bank of Nigeria raised N1.457 trillion at its June 3 Treasury Bills Primary...

NESG reports improved business confidence in May

The Nigerian Economic Summit Group has reported an improvement in business confidence in May 2026,...

RMAFC moves to update key indicators for federation revenue sharing

The Revenue Mobilisation Allocation and Fiscal Commission has begun a nationwide data verification exercise in...

ETF market rebounds despite dip in trading activity

Exchange-traded funds listed on the Nigerian Exchange recorded weaker trading activity in May 2026, with...

Legend Internet assures investors of future prospects despite H1 loss

Legend Internet Plc has reassured investors of stronger earnings prospects in the future despite reporting...

Africa can unlock $469bn annually without raising taxes – AfDB

The African Development Bank has said Africa could generate more than $469 billion in additional...

China Industrial Bank backs Nigeria’s telecom initiative to connect 20m people

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has announced fresh backing...

YouTuber jailed for life after killing pregnant girlfriend

A YouTuber has been sentenced to life in prison with a minimum term of 31...

US plans 12.5% tariffs on imports over forced labour concerns

The United States has proposed new tariffs of up to 12.5 per cent on imports...