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Business News

Nigeria’s Gas Exports Outpace Domestic Sales Despite Abundant Reserves

Nigeria continues to export more gas than it sells domestically, raising concerns about energy supply.

A business person contemplating the balance between profit, people, and the planet.

Business News

Rethinking Business Success: Balancing Profit, People, and Planet

Businesses should focus on profit while also considering their impact on people and the environment.

Collage of the four Nigerian icons: Aliko Dangote, Ngozi Okonjo-Iweala, Mo Abudu, and Burna Boy.

Business News

Four Nigerians Recognized in Forbes Africa’s Icons List for 2026

Aliko Dangote, Ngozi Okonjo-Iweala, Mo Abudu, and Burna Boy are among 15 influential figures in Africa.

A view of an inland dry port in Nigeria with cargo containers.

Business News

Nigerian Ports Authority Works to Improve Rail and Logistics at Inland Dry Ports

The Nigerian Ports Authority is addressing rail and logistics issues at inland dry ports to enhance cargo movement.

Business News

SON Highlights Importance of Clean Energy for Industrial Growth in Nigeria

The Standards Organisation of Nigeria emphasizes clean energy’s role in boosting industry and job creation.

Business News

Nigeria’s Credit Outlook Improved to Positive by Fitch Ratings

Fitch Ratings has upgraded Nigeria’s outlook to positive, signaling potential future upgrades.

A representation of financial recovery efforts by the EFCC.

Business News

EFCC Recovers Nearly $105,000 for US Businesswoman in Truck Deal Dispute

The Economic and Financial Crimes Commission has returned funds to a US businesswoman after a failed truck procurement deal.

Meeting of tax stakeholders discussing taxation issues in Jigawa State.

Business News

Jigawa Tax Stakeholders Demand Action Against Multiple Taxation Issues

Tax stakeholders in Jigawa State are calling for an end to multiple taxation and better support for taxpayers.

A vendor counting money at Lokoja International Market in Nigeria.

Business News

Nigeria’s Economy Grows 4.2% as State Revenues Surge by 93% in 2026

The World Bank reports significant economic growth in Nigeria, driven by increased state revenues.

Business News

Stanbic IBTC Encourages Nigerians to Boost Retirement Savings with Voluntary Contributions

Stanbic IBTC urges Nigerians to enhance their retirement plans by making voluntary pension contributions.

Ayoola Osunleye speaking to a group of young people.

Business News

Entrepreneur Urges Ogun Youths to Embrace Discipline and Excellence

Ayoola Osunleye encourages young people in Ogun State to pursue their entrepreneurial dreams with dedication.

Business News

Experts Call for Private Ownership to Revive Nigeria’s Refineries

Chemical engineers urge the government to privatize refineries for better efficiency.

Business News

PalmPay Focuses on Security in Nigeria’s Growing Digital Payment Landscape

PalmPay emphasizes the need for consumer protection as digital payments rise in Nigeria.

Aerial view of the Dangote Refinery in Nigeria.

Business News

Dangote Refinery Launches Historic $1.5 Billion IPO in Nigeria

The Dangote Petroleum Refinery’s IPO is a significant milestone for Nigeria’s capital markets.

Dr. Tunji Olowolafe speaking at the Ekiti at 30 Future Summit.

Business News

Ekiti State Urged to Transform Knowledge into Wealth in Next Decade

Dr. Tunji Olowolafe emphasizes the need for Ekiti to leverage its resources for economic growth.

Traders protesting at Oduduwa Model Market in Lagos.

Business News

Traders at Oduduwa Model Market Protest Against Eviction Attempts in Lagos

Traders claim they face eviction after a rent increase and management change.

Participants at the Mission Africa conference in Johannesburg

Business News

Mission Africa Conference in Johannesburg Focuses on Unity and Economic Growth

The Mission Africa Organisation held its annual conference in Johannesburg, promoting collaboration and development among African nations.

Graph showing rising oil prices and declining stock market trends.

Business News

Oil Prices Rise Amid US-Iran Tensions, Stocks Decline

Oil prices increased sharply on Thursday due to concerns over potential US military action against Iran.

Inauguration of the Africa Credit Rating Agency in Mauritius

Business News

African Union Launches First Credit Rating Agency to Support Economies

The African Union has inaugurated the Africa Credit Rating Agency to help reduce borrowing costs for African countries.

A fuel pump at a gas station showing diesel prices.

Business News

Dangote Lowers Diesel Price by N80 Amid Falling Crude Oil Costs

Dangote Petroleum Refinery has cut its diesel price as global crude oil prices decline.