Tinubu: Nigeria secures $5bn foreign investments
President Tinubu reveals Nigeria attracted $5bn in manufacturing, fintech and energy investments. PEBEC reforms streamline business registration and port operations.
Category : Business
Taraba Governor Sets Up 23-Member Sugar Committee
Taraba State Governor Agbu Kefas establishes a 23-member committee to boost sugar development, create jobs, and drive industrial growth. Get the latest details on this agricultural initiative.
Air Peace Receives First Dry Lease Aircraft in 10 Years
Nigeria celebrates historic delivery of first dry lease aircraft through Air Peace after 10-year blacklist. Minister Keyamo hails new era for aviation sector with cheaper aircraft acquisition.
15% Fuel Import Tariff May Push Petrol to N1,000/L
MEMAN warns new 15% import tariff could push petrol prices to N1,028 per litre, worsening inflation. Experts urge refinery revival as solution to energy crisis.
Norway's $2.1T Fund: Ukraine Rescue Plan?
Norway, enriched by war, faces calls to use its $2.1 trillion sovereign fund to guarantee a massive €140B loan for Ukraine. Discover the moral and economic debate.
Greece Signs Historic ExxonMobil Energy Deal
Greece hails historic ExxonMobil offshore drilling deal to boost Europe's energy security, while environmental groups warn of risks to marine life. Discover the details.
AEDC Confirms Restructuring to Boost Service Delivery
Abuja Electricity Distribution Company announces company-wide restructuring affecting 800 employees. Learn how this move aims to improve power supply across FCT, Niger, Kogi, and Nasarawa.
FG Flags Off Renewed Hope Homeownership Drive
Federal Government launches nationwide Renewed Hope Homeownership campaign to bridge housing gap, connect citizens with affordable housing opportunities and state governments.
NDIC, BRIPAN Strengthen Insolvency Reform Partnership
NDIC and BRIPAN strengthen collaboration to enforce insolvency laws and boost financial stability. Learn how this partnership will modernize business rescue in Nigeria.
Nigeria at COP30: Restore Nature, Deliver Climate Justice
At COP30, Nigeria's VP Shettima demands a new global climate deal recognizing nature as critical infrastructure. He urges wealthy nations to pay ecological debts and support Nigeria's $3B annual climate fund.
China lifts ban on Brazilian poultry imports
Brazil, the world's top chicken exporter, celebrates China's decision to resume poultry imports after a bird flu suspension. Learn how this impacts global trade and food security.
Nigeria's reserves to hit $45bn after Eurobond success
Nigeria's foreign reserves are projected to reach $45 billion by December 2025 following a massively oversubscribed $2.3 billion Eurobond issuance, boosting the naira's performance.
Nexperia chip exports resume for German auto supplier
A German auto supplier, Aumovio, has secured a license to resume exports of critical Nexperia chips from China, signaling a de-escalation in a trade dispute. Read the full details.
FG's Big Plans for Detty December 2025
Federal Government announces Presidential Task Force and Tourism Zones to transform Nigeria's festive season. Discover how this will boost tourism and creative economy.
Nigeria's Foreign Reserves Reach $43.3B Peak
Nigeria's external reserves surge to $43.3 billion, highest since 2018, as naira appreciates to N1,436.74/$1. Discover how this strengthens Nigeria's economic position.
Nigeria Plans 3.6km World Record Dining Table in Abuja
Nigeria's Federal Government will attempt a Guinness World Record with a 3.6km dining table in Abuja on December 6, 2025. The event aims to boost tourism and celebrate Nigerian culinary heritage.
Serbia fast-tracks army HQ demolition for Trump hotel
Serbia's parliament approves urgent demolition of bombed military headquarters for Jared Kushner's luxury hotel project, sparking public division and heritage concerns.
Naira Makes Africa's Top 10 Best-Performing Currencies
Nigeria's naira appreciated 3.4% in October 2025, ranking among Africa's 10 best-performing currencies. Discover the factors behind this impressive recovery and the full list of top currencies.
Woman Finds Money in Unopened OPay Account
A Nigerian businesswoman shares her surprise after receiving money through OPay to a phone number without an existing account. Discover how fintech innovations are changing banking in Nigeria.
Inside Germany's secret rare earth treasure chest
Explore Germany's hidden WWII bunker safeguarding rare earths vital for tech. With China controlling 92% of production, Europe faces a critical supply dilemma. Discover the strategic response.
Ikea Profits Drop 32% on Price Cuts, Tariff Costs
Ikea's annual profits fell sharply to €1.5 billion. The furniture giant invested billions to lower prices, boosting sales volume but facing higher US tariff costs. Discover the full financial impact.
New Perkins 5000 Series Power Generators Unveiled in Nigeria
Jubaili Bros and Perkins unveil new diesel generators for Nigeria's energy sector, focusing on sustainability and reliable power solutions for businesses. Discover the roadmap for Nigeria's energy transition.
$50B Funding for Ondo Refinery Project
Backbone Infrastructure Limited secures $50 billion for 500,000 bpd refinery and Sunshine Free Trade Zone in Ondo State, creating thousands of jobs and boosting Nigeria's energy security.
NAPS Calls for Ban on Imported Petroleum Products
Nigerian polytechnic students demand total ban on imported refined petroleum products to protect Dangote Refinery and secure youth futures. Join the movement for economic independence.
FIRS Launches Major Tax Reform Initiative Nov 10
FIRS launches Nigeria Tax Reform Acts on November 10, 2025, aiming to simplify taxes and boost economic growth. Learn how this affects you and businesses nationwide.
Ellah Lakes Raises ₦235bn for Agricultural Expansion
Ellah Lakes Plc secures SEC approval for ₦235 billion capital raise on Nigerian Exchange to fund aggressive expansion as West Africa's integrated agribusiness leader.
Diesel Prices Surge After Dangote Refinery Hike
Nigerian diesel prices surge 7% nationwide after Dangote Refinery increases depot rate to N950 per litre. Experts warn of inflation spike and higher logistics costs.
Summit Bank Begins Operations as Non-Interest Bank
Summit Bank Ltd has officially commenced operations as Nigeria's sixth non-interest bank, fully licensed by CBN. Discover how this ethical banking model works.
Elon Musk Could Become First Trillionaire After Tesla Deal
Tesla shareholders have overwhelmingly approved Elon Musk's record-breaking compensation package worth nearly $1 trillion, potentially making him the world's first trillionaire and signaling strong confidence in Tesla's future growth.
Emergency USSD Codes: Block Bank Account If Phone Stolen
Critical security guide: Learn the emergency USSD codes to instantly block your UBA and Zenith Bank accounts when your phone is stolen. Protect your funds immediately with these simple steps.
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