Nigeria business and economy news: the naira, CBN policy, Lagos and Abuja markets, oil, banking, tech and the companies shaping Africa’s largest economy.
ASO Savings & Loans Plc has posted a modest profit after tax of ₦89 million for the financial year ended December 31, 2023, a slight improvement from the ₦85 million …
Local crude oil refiners in Nigeria have raised alarm over their inability to access crude oil for their operations, accusing oil producers of prioritising sales to international buyers who pay …
Beiersdorf Nigeria has unveiled its latest skincare innovation, NIVEA UV Face Sunscreen, with a vibrant beachfront launch event in Lagos that brought together skincare enthusiasts, health experts, media personalities, and …
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Dangote Petroleum Refinery should reduce the pump price of Premium Motor Spirit (PMS), commonly known as petrol, below its …
In a significant move to strengthen Nigeria’s healthcare manufacturing capacity, the African Export-Import Bank (Afreximbank) and the Bank of Industry (BoI) have signed a $75 million financing term sheet under …
Senator Ali Ndume, the lawmaker representing Borno South Senatorial District, has openly distanced himself from the recent endorsement of President Bola Ahmed Tinubu for a second term in office. The …
Senator Neda Imasuen, the lawmaker representing Edo South Senatorial District at the National Assembly, has announced plans to leave the Labour Party (LP) and officially defect to the ruling All …
ABUJA, Nigeria — Nigeria’s telecommunications industry has entered a new era with Vitel Wireless, the country’s first Mobile Virtual Network Operator (MVNO), completing full interconnectivity with all four major Mobile …
LAGOS, Nigeria – In a move to support maternal healthcare and improve hospital infrastructure, the Lagos State Development and Property Corporation (LSDPC) has renovated a portable cabin into a fully …
LAGOS, Nigeria – Stakeholders have stressed the urgent need for massive infrastructure development across Africa to drive sustainable economic growth, job creation, and industrial competitiveness. This position was made known …
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