Business

Aliko Dangote, President and Chief Executive of Dangote Group, has confirmed that Abu Dhabi National Oil Company, ADNOC, alongside other strategic investors and governments, has expressed interest in acquiring stakes...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has identified reliance on limited domestic refining options, international crude procurement dynamics, and rising logistical expenses as the primary drivers behind ongoing...

Pension Fund Administrators (PFAs) invested about N17.1tn in Federal Government securities in the first quarter of 2026, accounting for 58.07 per cent of the pension industry's N29.5tn Net Asset Value...

Uber is set to discontinue its ride-hailing services in Nigeria, bringing its operations in the country to an end from Wednesday, September 2, 2026. The company informed drivers of the...

Nigeria’s formal remittance inflows rose to a record $947 million in July 2026, bringing the country within reach of the Central Bank of Nigeria’s $1 billion monthly target. The July...

TikTok and its Chinese parent company, ByteDance, have agreed to pay $400 million to settle a legal dispute with the United States government over allegations that the platform failed to...

The Central Bank of Nigeria has revised its liquidity management rules, allowing banks involved in foreign exchange transactions and primary government securities auctions to access its Discount Window without the...

The Debt Management Office (DMO) has announced the commencement of subscriptions for the August 2026 Federal Government of Nigeria (FGN) Savings Bonds, offering investors annual interest rates of up to...

Global oil prices extended their gains for a second consecutive trading session on Thursday as escalating military exchanges between the United States and Iran heightened concerns over energy supplies and...

The US dollar traded cautiously on Wednesday, holding close to its strongest level in about a month as global investors turned their attention to the latest interest rate decision from...