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.
Category : Business
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.
France Pledges Enhanced Trade Ties with Nigeria
French government announces strengthened trade ties with Nigeria, focusing on digital economy, agriculture, and cultural exchange to boost bilateral relations.
True Leadership: Thriving When Nigerian Systems Fail
Discover how authentic Nigerian leaders are rewriting the leadership playbook by turning systemic failures into opportunities for growth and innovation in challenging business environments.
Asian Markets Volatile Amid Tech Rally, Fed Watch
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Lafarge Faces French Court Over Terror Funding Claims
French cement giant Lafarge stands trial in Paris for allegedly paying millions to jihadist groups including ISIS during Syrian operations. Discover the explosive corporate terrorism financing case.
Starbucks Sells China Control to Boyu Capital
Global coffee giant Starbucks transfers control of its China operations to Boyu Capital consortium in groundbreaking $1.6 billion deal that reshapes Asian retail landscape.
Nigeria's New Strategy to End Niger Delta Oil Spills
Discover how Nigeria is shifting from temporary fixes to comprehensive solutions for the decades-long oil spill nightmare in the Niger Delta. Learn about the integrated approach that could transform the region's environmental future.
PENGASSAN Strike Threatens Nigeria's Oil Economy
As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.
Boeing Faces Civil Trial Over 2019 737 Max Crash
Landmark civil case begins in Chicago as families of Ethiopian Airlines Flight 302 victims seek justice against Boeing for the 2019 tragedy that claimed 157 lives.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Fuel Price Surge: ₦200 Extra Per Litre in Nigeria
Nigerians are facing another petrol price hike as filling stations across the country implement additional charges of ₦200 per litre, worsening the ongoing fuel crisis and economic hardship.
NAAPE Unveils Licence Loss Insurance for Aviation Pros
The National Association of Aircraft Pilots and Engineers introduces groundbreaking insurance coverage protecting aviation professionals from career-ending medical conditions and regulatory suspensions.
Tinubu's Carbon Market Framework Earns High Praise
President Bola Tinubu receives widespread commendation for Nigeria's groundbreaking Carbon Market Framework, positioning the nation as Africa's climate action leader while creating new economic opportunities.
Partial Food Stamp Benefits Due to Government Shutdown
Trump administration confirms partial SNAP benefits for November due to ongoing government shutdown. Millions of low-income families face uncertainty as food assistance programs hit crisis point.
Lady buys village house, discovers empty space inside
A Nigerian woman's dream of owning a village home turns into a nightmare when she discovers the property is completely empty inside. The viral video reveals her heartbreaking reaction.
FG Releases 50 Tax Exemptions Nigerians Get From 2026
Nigerian government announces comprehensive tax relief package including 50 exemptions that will benefit individuals and businesses from 2026. Discover key benefits for manufacturing, agriculture, and everyday Nigerians.
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