Global Experts Demand Action on Inequality Crisis
Economic experts worldwide are calling for an international panel to address the growing inequality crisis threatening global stability and economic growth.
Category : Business
Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
Redirect Subsidy Savings to Infrastructure - Expert Urges FG
Economist Dr. Muda Yusuf advocates for transparent investment of subsidy removal funds into roads, power, and social infrastructure to boost Nigeria's economy.
Court rejects bid to dismiss N300m eviction lawsuit
A Federal High Court in Lagos has refused to strike out a N300 million lawsuit filed by tenants alleging illegal eviction from Banana Island properties, setting the stage for a major legal battle over property rights.
Nigeria-China Business Forum Revives After 10-Year Break
After a 10-year hiatus, NACCIMA reignites the Nigeria-China Business Forum to strengthen economic ties and unlock new trade opportunities between both nations.
Edo State to Begin Local Drug Production in 2026
Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.
Pfizer Profits Dip as COVID Vaccine Sales Decline
Global pharmaceutical giant Pfizer experiences significant profit decline amid falling COVID-19 product sales. Analysis of impact on Nigerian healthcare market and future outlook.
Nigeria's Oil Chief to Address Pan-African Parliament
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
$5B Funding for 500,000bpd Nigerian Refinery
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
Apapa Customs Hits ₦304bn Revenue Record in October
Nigeria Customs Service, Apapa Command achieves historic revenue milestone, collecting over ₦304 billion in October 2023 - the highest monthly collection in its history.
Australia Offers 3 Hours Free Solar Power Daily
Australia don launch groundbreaking solar initiative wey go provide millions of residents with three hours of free electricity every single day. This revolutionary policy na part of dem commitment to renewable energy.
Telefónica Shares Drop Amid Dividend Cut and Net Loss
Spanish telecom giant Telefónica faces market turbulence as shares plummet following dividend reduction and unexpected net loss announcement.
Top 10 Nigerian Banks With Highest Entry-Level Salaries
Discover which Nigerian banks offer the most competitive starting packages for fresh graduates. Our comprehensive analysis reveals salary structures and career prospects.
TAFTA Empowers Female Entrepreneurs in Nigeria
TAFTA's groundbreaking Women Entrepreneurs Development Programme is transforming Nigeria's business landscape by providing female entrepreneurs with essential skills, mentorship, and resources to scale their ventures successfully.
Naira Eurobonds Rally Defies Trump Military Threat
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
50 Tax Exemptions Nigerians Can Claim Under New Laws
Discover how Nigeria's new tax reform laws bring financial relief to millions with 50 key exemptions - from essential goods to small business benefits.
Shein Faces French Probe Over 'Childlike' Doll Sales
French authorities investigate Shein for selling adult dolls resembling children, sparking global outrage. The Chinese retailer pledges full cooperation amid growing scrutiny of its business practices.
Trump Threat Worsens Naira Crisis - CPPE
Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.
NLC, NECA warn of mass job losses over business policies
Nigeria's leading labour and employer groups issue urgent warning to government over harsh economic policies that could trigger massive job cuts and business closures nationwide.
Ezeibe Makes History as First Female NCRIB President
The Nigerian insurance sector witnesses a historic transformation as Dr. (Mrs.) Bola Onigbogi Ezeibe becomes the first female president of Nigerian Council of Registered Insurance Brokers, marking a significant milestone for gender inclusion in financial
Digital Shift Tests Nigeria's Corporate Governance Model
As Nigerian businesses navigate digitization and ESG demands, corporate governance models face unprecedented challenges. Experts reveal what companies must do to survive the new business landscape.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
African Air Cargo Demand Soars 14.7% in September
African aviation sector experiences remarkable cargo demand surge as IATA reveals September 2024 statistics showing robust 14.7% year-over-year growth, outpacing global trends.
Sterling HoldCo Profit Soars 127% in Stunning Growth
Sterling Financial Holdings Company reports explosive 127% profit growth, reaching ₦21.8 billion as assets surpass ₦2.1 trillion in latest financial results.
Nigeria Stock Market Gains ₦7.2 Trillion in October
Nigeria's stock market experienced an unprecedented rally in October, delivering massive gains to investors as renewed confidence and steady reforms fuel economic optimism.
Omoyeni Advocates Expansion of Nigeria's Trade Agreements
Renowned trade specialist Dr. Bimbo Omoyeni calls for Nigeria to strategically expand and leverage international trade agreements to boost economic growth and global competitiveness.
FG Unveils 50 Tax Reliefs for New Fiscal Reforms
The Nigerian government has introduced 50 major tax exemptions and relief measures to protect citizens and businesses from the immediate effects of new fiscal reforms. Discover how these changes will affect you.
Africa's shipping costs remain world's highest
New report reveals intra-African shipping costs remain the world's highest despite continental free trade agreement, hindering economic growth and regional integration.
Nigeria's Energy Future Depends on Local Expertise
Discover how Nigeria's energy sector is shifting from foreign dependency to homegrown solutions, with local capacity building becoming the cornerstone of sustainable power development.
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