The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …
Economy
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- AviationBusinessEconomyInnovationNigeriaTravel & Tourism
Finchglow Travels Hosts Top Airlines, Trade Partners at 13th Edition of PartnerPlus Connect in Lagos
Nigeria’s leading travel consolidator, Finchglow Travels, successfully held the 13th edition of its flagship industry event, PartnerPlus Connect (PPC), in Lagos. The event, known for fostering collaboration and strategic alliances, …
- Banking, Finance & InvestmentBusinessDigital EconomyEconomyFinance & ServicesINVESTMENTNigeria
Signature Bank Bounces Back with N768 Million Profit in 2024, Records 374% Revenue Growth
Signature Bank Limited has made a major comeback in 2024, posting a profit before tax of N768.05 million, a sharp turnaround from the loss of N2.87 billion it recorded in …
- BusinessBusiness PoliciesEconomyGOVERNMENTInternational RelationsNigeriaTrade and Commerce
FG, Nigeria-China Partnership Set to Boost Mining and Automotive Sectors Under Renewed Hope Agenda
The Federal Government of Nigeria has reaffirmed its commitment to transform the country’s economy by focusing on the mining and automotive industries as major drivers of industrial development. This was …
- Banking, Finance & InvestmentBusiness and EconomyEastern AfricaEconomyEnergyHealthcareTransportation & Logisitics
Uganda Signs $800 Million Deal with Islamic Development Bank for Key Infrastructure Projects
Uganda has secured a $800 million financing agreement with the Islamic Development Bank (IsDB) to fund major infrastructure projects aimed at boosting trade and development across the country. The deal …
- AFRICA NEWSBusiness and EconomyEconomyEnergyFinance & ServicesNigeriaOil & Gas
Dangote Refinery Reduces Diesel Price Nationwide, Sells at N875 in Lagos
Dangote Refinery has again announced a cut in the price of its diesel, bringing further relief to Nigerians who have been grappling with high energy costs. In a statement issued …
- EconomyGOVERNMENTHealthcareInternational RelationsNigeriaSecurityTrade and Commerce
Customs Intercepts N3.2 Billion Worth of Codeine, Cosmetics, and Contraband at Lagos Port
The Apapa Area Command of the Nigeria Customs Service (NCS) has intercepted a significant shipment of illicit pharmaceuticals and other contraband goods valued at approximately N3.2 billion. The seizure, which …
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How Independent Artists Like C-UNIT Are Winning in Nigeria’s Streaming Economy
The Nigerian music industry has undergone a quiet revolution. While the spotlight often shines on superstar acts with label support and massive budgets, a different story is unfolding just beneath …
- BusinessBusiness InsightsEastern AfricaEconomyEnergyNigeriaNorth AfricaOil & GasSouth AfricaTransportation & LogisiticsWestern Africa
Petrol Price Rises 76.73% in One Year, Now N1,239/Litre – NBS
The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …
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FG Bans Night Movement for Fuel Tankers, Sets New Safety Rules
The Federal Government has stopped fuel tankers from moving at night as part of new safety measures in the petroleum transport sector. This was announced by the Nigerian Midstream and …