Business News
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138Tinubu Directs Payment of ₦1.5tr Debt to Local Contractors
President Bola Ahmed Tinubu has directed the payment of N1.5 trillion owed to local contractors. He raised a multi-ministerial panel to provide...
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249Non-Oil Exports: Nigeria’s Current Account Hits US$5.28b in Q2 2025
Nigeria’s shift toward a diversified, export-driven economy is beginning to yield fruits as shown in the macroeconomic indicators, with the country’s current...
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261Stocks and Bonds Slide at Start of Big Fed Week
Wall Street anxiety halted a four-day rally in US stocks while Treasuries joined a global bond slump ahead of the Federal Reserve’s...
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248China Moves to Fast-Track Zero-Tariff Access for Nigerian Exports
China has offered a significant boost to Nigeria’s export ambitions after its ambassador in Abuja, Yu Dunhai, announced that Beijing is prepared...
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201MDAs’ Unpaid Electricity Bills Exceed ₦100b, DisCos Cry Out
Electricity distribution companies have decried the failure of Federal Government ministries, departments, and agencies to pay for the power they consume. The...
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255Pipeline Attacks Push Nigeria’s Oil Evacuation Cost to $12/barrel
Nigeria’s effort to reduce its cost of oil production has suffered a major setback, as incessant pipeline attacks have pushed the cost...
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249Solar Panel Imports Drop as Local Production Surges
Nigeria has entered a new phase of clean-energy industrialisation, as the country imported fewer finished solar panels in October 2025, while local...
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255Power Distribution Companies Face Sanctions Over Slow Metering
Electricity Distribution Companies (DisCos) have come under intense scrutiny over their slow metering rollout and dismal refund performance, as the Nigerian Electricity...
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186BoI, NCDMB Seal Pact on $100m NCIF Equity Investment Scheme
The Bank of Industry (BoI) and the Nigeria Content Monitoring and Development Board (NCDMB) have signed a Memorandum of Understanding (MoU) on...
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166Aviation Tax Removal Requires Govt Consensus, Says Keyamo
Minister of Aviation and Aerospace Development, Festus Keyamo, has stated that the removal of taxes in the aviation sector cannot be decided...
