Business News
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429Asian Stocks Jump Most Since April, Gold Rebounds
Asian equities rebounded from their worst selloff in more than two months as a recovery in gold and silver helped steady markets...
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420UAE Targets Nigeria for Multi-Billion-Dollar Investments
The United Arab Emirates has positioned Nigeria as a major destination for multi-billion-dollar investments spanning agriculture, technology, infrastructure, mining and trade, with...
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457Gold, Silver Slump with Stocks in Volatile Trading
Gold and silver extended their slump with stocks, as assets that had performed the best in January came under intense selling pressure...
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4232025: 52% of Non-Import VAT Collected in Lagos
The Nigeria Revenue Service (NRS) collected N3.4trn from the total N6.5trn it collected as Non-import Value Added Tax (TAX) in 2025 from...
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352Cargo Cost to Rise as FAAN Plans 250% Tariff Hike
The Federal Airports Authority of Nigeria (FAAN)’s plan to implement a steep increase in cargo tariff has triggered strong opposition from freight...
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287US Exports to Nigeria jump 60% amid Trump Tariff
The United States recorded a $1.45bn goods trade surplus with Nigeria in the first 10 months of 2025, reversing a deficit position...
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270IMF Upgrades Global and Nigeria Growth Outlook Amid Headwinds
This week, we examine the January 2026 edition of the bi-annual World Economic Outlook (WEO) report published by the International Monetary Fund...
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229Domestic, Foreign Investors Drive Equity Trades to ₦11.92tr
Nigeria’s equity market recorded a historic performance in 2025 as total transactions rose sharply to N11.92tn, driven by a resurgence in foreign...
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587FG Bans Meter Installation Charges, Threatens Sanctions
The Federal Government has banned electricity distribution companies and installers from collecting any form of payment for meters, warning that DisCo officials...
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518Tinubu Approves Commercial Oil Drilling in Ogun
President Bola Tinubu has approved the commencement of commercial oil drilling at Tongeji Island in Ipokia Local Government Area of Ogun State....
