Canoe and boat transport has become a growing source of income for young men operating around Ose-Ekwodu Market in Onitsha, Anambra State, as they turn to water transport to make …
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Business and Economy
- BusinessBusiness and EconomyBusiness Growth
Dangote Urges Africa To Be Bold, Drive Change And Build Prosperity
President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has urged Nigeria and other African countries to embrace bold initiatives capable of driving economic transformation and creating greater …
- Business and EconomyNews
FG Orders Plastic Manufacturers And Importers To Take Responsibility For Waste
The Federal Government has introduced the National Environmental (Plastic Waste Control) Regulations 2026, requiring manufacturers, importers, brand owners, recyclers and other players in the plastics industry to take responsibility for …
- BusinessBusiness and EconomyNigeriaUGANDA
Uber Exits Nigeria And Uganda As Costs And Competition Grow
Uber is ending its ride-hailing operations in Nigeria and Uganda, bringing its services in both African countries to a close with immediate effect. The company said it reached the decision …
The Financial Reporting Council of Nigeria (FRC) has announced an end to the repeated submission of financial statements by companies to different government agencies and regulators, following the launch of …
- Business and EconomyOil & Gas
NLC Rejects Petrol Price Hike, Urges More Crude Supply To Dangote Refinery
The Nigeria Labour Congress (NLC) has criticised the latest increase in the price of Premium Motor Spirit (PMS), commonly known as petrol, describing the adjustment as “avoidable and unacceptable.” The …
- BusinessBusiness & MarketsBusiness and EconomyOil & Gas
OML 42: Nestoil Invests $28m In Drilling Rigs To Boost Nigeria’s Oil Production
Nestoil Group has invested approximately $28 million in two drilling rigs as part of its efforts to increase crude oil production and expand indigenous drilling capacity in Nigeria. The company …
- BusinessBusiness and EconomyBusiness GrowthBusiness UpdatesUncategorized
Nigeria’s FMCG Giants Boost Profit by 35% Despite Weak Revenue Growth
Nigeria’s leading fast-moving consumer goods (FMCG) manufacturers recorded a strong improvement in profitability during the first half of 2026, despite almost no growth in combined revenue. The 10 largest quoted …
- BusinessBusiness and Economy
Oil Prices Surge As US-Iran Conflict Escalates, Asian Stocks Slide On Fed Rate Hike Fears
Oil prices jumped while Asian stocks declined Monday as renewed US-Iran military strikes heightened concerns about global energy supplies and hawkish comments from Federal Reserve official Kevin Warsh increased expectations …
Access ARM Pensions has crossed a major milestone in Nigeria’s pension industry after its Assets Under Management (AUM) rose above ₦4 trillion, marking strong growth less than 14 months after …
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