Business

Business news today

836 Articles
NNPCL
Business

Court Dismisses NNPCL’s Bid to Halt Dangote Refinery’s ₦100bn suit

Justice Ekwo of Federal High Court Abuja has dismissed NNPCL’s attempt to halt Dangote Refineries lawsuit against them. A ruling from the Federal...

Dangote Announces Plans To Develop Nigeria's Largest Port In Ogun | Daily Report Nigeria
Business

Dangote Announces Plans To Develop Nigeria’s Largest Port In Ogun

Alhaji Aliko Dangote, President of Dangote Group, has announced plans to develop Nigeria’s largest port in Ogun State. The port will be located...

Again, NNPC Increases Fuel Price
Business

Imported Petrol Landing Cost Drops To N797.66/Litre

The landing cost of imported Premium Motor Spirit (petrol) has dropped to N797.66 per litre. The drop in landing cost is attributed to...

Inflation Rate Drops To 23.18% As Nigerians Lament Over High Cost Of Living | Daily Report Nigeria
Business

Inflation Rate Drops To 23.18% As Nigerians Lament Over High Cost Of Living

Nigeria’s inflation rate dropped to 23.18% in February 2025, down from 24.48% in January. Despite the decline, economists and Nigerians expressed concern over...

Tinubu: Nigerian Stock Exchange Records Highest Gain in 15 Years
Business

Investors Lose N167bn in NGX as US Stocks Record Historic Gains

Investors in the Nigerian Exchange Limited (NGX) suffered losses amounting to N167 billion on Friday. The bearish trend at NGX was caused by...

World Bank Approves Fresh $700m Loan for Nigeria
Business

World Bank May Approve $1.13bn Loans for Nigeria Soon – Report

The World Bank may approve $1.13 billion in loans for Nigeria by the end of March 2025 to support economic resilience, health security,...

Nigeria Spends $817.4m on Debt Servicing in Q1 2025 | Daily Report Nigeria
Business

Nigeria Spends $817.4m on Debt Servicing in Q1 2025

Nigeria spent $817.4 million (approximately N1.26 trillion) on debt servicing in the first two months of 2025. This represents a 3.12% decline compared...

JUST IN: Reps Approves President Tinubu's Tax Reform Bills | Daily Report Nigeria
BusinessNews

JUST IN: Reps Approves President Tinubu’s Tax Reform Bills

The House of Representatives has approved four tax reform bills transmitted by President Bola Ahmed Tinubu. The bills aim to reform Nigeria’s tax...