Category: Business

Minister urges states to adopt modern boats amid rising waterway accidents

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on state governments nationwide...

NDIC recovers additional N24.3bn from Heritage Bank assets for depositors

The Nigeria Deposit Insurance Corporation has recovered an additional N24.3 billion from the assets of...

FG allocates N6.04bn on salaries for idle Ajaokuta Steel Complex

The Federal Government plans to spend N6.04 billion on personnel costs for Ajaokuta Steel Company...

Businesses exploit tax reforms to raise prices nationwide — Report

Some businesses and traders across the country may be exploiting the newly introduced tax laws...

Senior MTN manager buys N40.9m in company shares

MTN Nigeria Communications Plc has disclosed that its Senior Manager, Financial Operations, Olugbenga Ojeranti, acquired...

Dangote, major marketers deal collapses amid price conflict

The fuel supply agreement between the Dangote Petroleum Refinery and 20 major petroleum marketers—under which...

North Central lead charge in Nigeria’s new tax reform drive

The North Central states, including Jigawa, Plateau, Kogi, Nasarawa, and Kwara, are taking active steps...

Mono deal strengthens Flutterwave’s growth strategy – CEO

Flutterwave Inc. has stated that its acquisition of open-banking startup Mono Technologies Nigeria Ltd. will...

NUPRC, NMDPRA partner to attract investment, streamline regulations

The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority...

Farmers storm Paris on tractors, protest EU trade deal

French farmers rolled into Paris on tractors Thursday in a show of dissent against an...

Naira dips to N1,421/$ in official FX market

The naira edged lower at the official foreign exchange market in the second week of...

GenCos invoices fell to N782.46bn in Q3 2025

The total invoice issued by power generation companies declined by N80.56bn in the third quarter...