Business
Explore the latest trends in business, finance, and economics. Get insights into market developments, entrepreneurial success stories, and investment tips.
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Saudi Arabia Bans Poultry, Egg Imports from Nigeria, 39 Other Countries
By: Sunday Ameh Saudi Arabia has announced a ban on the importation of poultry and egg products from Nigeria and 39 other countries as part of precautionary measures aimed at protecting public…
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Mbah Revives Decades‑Old Enugu Trade Hall, Boosts Private Sector Momentum
By George Omagbemi Sylvester ENUGU, Nigeria — Governor Peter Ndubuisi Mbah presided over the inauguration of a 3,000‑square‑metre Premium Exhibition and Convention Hall at the Enugu International Trade Fair Complex on Friday,…
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Innoson Expands Workforce, Launches Tractor Plant to Boost Nigeria’s Industrial Growth
By George Omagbemi Sylvester In a decisive move for Nigeria’s industrial sector, Innoson Vehicle Manufacturing, the nation’s leading indigenous auto company, confirmed it now employs 8,000 workers and is set to expand…
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Africa’s Maritime Blind Spot: The 10 Weakest Naval Fleets in 2026
By George Omagbemi Sylvester Across Africa’s vast coastline (stretching from the Mediterranean to the Atlantic and the Indian Ocean) maritime security remains one of the continent’s most neglected defence priorities. While a…
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Dangote Projects ₦1,000/$ Naira by 2026 on Back of Refinery, Industrial Reforms
By George Omagbemi Sylvester Africa’s richest man, Aliko Dangote, has projected that the naira could appreciate to ₦1,000 per dollar before the end of 2026, citing expanded domestic production and the growing…
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FG Investigates Temu Over Alleged Violation of Nigeria’s Data Protection Act
By Paul Joseph The Nigerian government, via the Nigeria Data Protection Commission (NDPC), has initiated an immediate inquiry into the data handling practices of the Chinese-owned e-commerce platform Temu due to suspected…
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PayPal Faces Backlash in Nigeria After Sudden Account Suspensions Following Return
By George Omagbemi Sylvester The global payments giant PayPal is facing mounting criticism in Nigeria after reports emerged that several user accounts, some holding substantial balances, were suddenly disabled only days after…
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Dangote Refinery Makes History as Crude Distillation Unit Achieves 650,000 bpd Capacity
By Paul Joseph The Dangote Petroleum Refinery has reached a significant operational achievement with the complete restoration and optimization of its Crude Distillation Unit (CDU) and Motor Spirit (MS) production block. Both…
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Dangote Refinery Reduces Premium Motor Spirit Price by N25 Per Litre
Dangote Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS) by N25 per litre, bringing the ex-depot rate down from N799 to N774 per litre. This adjustment…
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Funke Akindele Appointed MonieWorld Ambassador
By Paul Joseph MonieWorld, a digital financial service from Moniepoint Inc., has announced a collaboration with Nigerian actress and filmmaker Funke Akindele, who will serve as its brand ambassador to promote cross-border…
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NCC to Revise Outdated Telecom Policy After 26 Years
By Paul Joseph The Nigerian Communications Commission (NCC) has begun the process of revising the National Telecommunications Policy (NTP) 2000, nearly 30 years after its initial approval. The Commission announced this initiative…
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Atiku urges NNPC to halt proposed refinery partnership deal
By Charles Maduka Former Vice-President Atiku Abubakar has called on the Nigerian National Petroleum Company Limited to discontinue any proposed partnership arrangement involving the country’s refineries. Abubakar’s position follows an announcement by…