Latest Business News
Dangote Sets New Conditions for NNPCL to Raise Stake in $20bn Refinery
Aliko Dangote says NNPCL’s stake can only increase after the refinery proves…
Oil Revenue Falls by 22% to ₦3.9 Trillion — Budget Office Warns of Fiscal Pressure
Budget Office confirms 22% decline in Q4 2024, totalling ₦3.9 trillion Key…
Registered Loan Apps Hit 492 as FCCPC Enforces ₦100 Million Fine Rule
• Digital lenders rush to register as FCCPC tightens sanctions on…
Dangote to Sell 5–10% Stake in Refinery, Targets 1.4 Million bpd Capacity
Aliko Dangote plans to sell 5–10% of Dangote Petroleum Refinery shares on…
U.S. Seizes $2.5m Los Angeles Mansion From NNPC Official Paulinus Okoronkwo After Money Laundering Conviction
U.S. court orders forfeiture of $2.5m mansion linked to NNPC official Paulinus…
Naira Holds Firm at ₦1,475/$ as CBN Boosts Reserves Past $43 Billion
Naira trades at ₦1,475 per dollar on official market amid cautious late-2025…
Rising Energy Costs Threaten Nigeria’s Inflation Gains – LCCI Warns FG
• Inflation drops to 18.02% — lowest in three years • LCCI…
FG, states, LGs share N2.103tn in Sept 2025
Total Revenue: N2.103 trillion shared among FG, State, and Local Governments in…
SEC, SMEDAN Sign Landmark MoU to Boost SME Access to Nigeria’s Capital Market
SEC, SMEDAN partnership targets 40 million micro, small, and medium enterprises (MSMEs).…
Nestlé to Cut 16,000 Jobs Globally Amid Automation Drive
•Nestle plans 16,000 job cuts over two years as part of cost-reduction…