APPNL Gets Dual Credit Rating Upgrades
Africa Prudential PLC receives simultaneous rating upgrades from two leading agencies, signaling strong financial health and enhanced market confidence in Nigeria's business services sector.
Category : Business
Navy dismantles illegal refinery, arrests 7 in Ondo
In a major security operation, the Nigerian Navy has dismantled an illegal refinery and arrested seven individuals across multiple communities in Ondo State, dealing a significant blow to oil theft activities in the region.
Exxon & Chevron Profits Dive as Oil Prices Fall
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
NGX Gains ₦285BN as Market Stages Impressive Comeback
The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.
FG Trains Retirees to Boost Nigeria's Food Sovereignty
Federal Government empowers Nigerian retirees with entrepreneurial skills in agriculture and food production to enhance national food security and create sustainable livelihoods.
Raising Marketplace Apostles in Nigerian Business
Discover how Ugochukwu Ezeagwula is transforming Nigerian business culture by empowering Christian professionals to become spiritual leaders in their workplaces and industries.
Business Verge Awards 2024: Honoring Nigeria's Top Entrepreneurs
The prestigious Business Verge Awards returns for its second edition, spotlighting exceptional Nigerian entrepreneurs and corporate excellence across multiple industries. Discover the nominees and event details.
Customer Relationship: Oxygen for Nigerian Businesses
Discover why customer relationship management is the lifeblood of Nigerian businesses. Learn expert strategies for building lasting connections that drive growth and sustainability in today's competitive market.
Nigeria Launches Carbon Market Under Tinubu
President Bola Tinubu approves Nigeria's National Carbon Market Framework, positioning the country as Africa's leader in climate finance and sustainable development ahead of COP30.
China Suspends Rare Earth Export Controls to EU
Breaking: China makes unexpected decision to lift rare earth export restrictions to European Union, reshaping global supply chains and economic dynamics. Official confirmation reveals strategic trade shift.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
US Must Counter China's Rare Earth Dominance with Market Tactics
Strategic minerals expert warns America needs urgent market interventions to counter China's dominance in rare earth metals critical for defense and green technology.
France Rejects Wealth Tax Proposal in Budget Debate
French parliament votes against reinstating wealth tax during 2025 budget discussions, maintaining current tax policies that affect international economic relations.
Swiss Bank Profits Soar with Gold Price Surge
The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.
US Fed Official Defends Rate Pause Amid High Inflation
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
Food Stamps: Supporting 40 Million Americans Against Hunger
Discover how the Supplemental Nutrition Assistance Program serves as critical lifeline for millions of American families facing food insecurity and economic challenges.
China Exempts Nexperia From Dutch Semiconductor Export Ban
China exempts Nexperia from Dutch semiconductor export restrictions, securing chip supply chain and highlighting strategic importance of Chinese-owned tech firms in global market.
Oyo's Land Grab Crisis: 2,215 Petitions in 2 Years
Oyo State grapples with alarming land grabbing epidemic as authorities receive 2,215 formal complaints between 2021-2023. Property owners battle illegal seizures amid government crackdown.
N2M Grants for 10 Young Nigerian Agribusiness Owners
The Nigeria Youth Futures Fund announces N2 million grants to 10 young agribusiness entrepreneurs, empowering the next generation of agricultural leaders in Nigeria.
Nigeria's Printing Industry Battles Survival Crisis
Lagos Chamber of Commerce intervenes as Nigeria's printing sector faces existential threat from rising production costs, forex volatility, and power challenges. Key stakeholders gather for crucial dialogue.
Ogun State: Driving Nigeria's Industrial Revolution
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
ntel Confirms 2026 Comeback - CEO Shares Details
After years of silence, ntel confirms its return to Nigeria's competitive telecom market with fresh funding and ambitious expansion plans targeting major cities.
Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall
The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.
Kano's First Aircraft Landing: 100 Years of Nigerian Aviation
A century after Nigeria's first aircraft touched down in Kano, aviation experts call for strategic repositioning of the sector to reclaim its pioneering glory and drive economic growth.
Air Peace Slashes London Fares to ₦1.2M
Nigerian carrier Air Peace dramatically slashes London fares by over 60%, breaking foreign airline monopoly and making international travel affordable for Nigerians. Chairman Allen Onyema credits President Tinubu's support for this aviation breakthrough.
JetBlue Plane Plunges: 15 Injured, Pilot Mayday Call
Chaos erupted aboard a JetBlue flight when the aircraft suddenly lost altitude over the US, leaving 15 passengers injured while air traffic control recorded the pilot's urgent pleas for assistance.
22 Ships Dock in Lagos, Fuel and Food Prices Crash
Nigerians rejoice as 22 vessels carrying petrol, frozen fish, and food items arrive Lagos ports, causing significant price drops across major markets. Get the latest on how this maritime boom is affecting commodity costs.
FG imposes 15% tariff on imported fuel, prices to rise
Nigerians face higher fuel costs as Federal Government introduces 15% levy on imported petroleum products. Learn how this tariff will impact petrol and diesel prices across the country.
Fuel Crisis: Petrol May Hit ₦1000/Litre in Nigeria
Nigerians face potential petrol price surge to ₦1000 per litre as oil marketers warn of dire economic consequences unless President Tinubu addresses critical issues immediately.
Nigeria Converts Plastic Waste to Diesel Fuel
Groundbreaking Nigerian innovation transforms plastic pollution into valuable diesel fuel, offering dual solution to environmental waste and energy security challenges while creating economic opportunities.
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