Business
US court jails ex-NNPC GM for 87 months over $2.1m bribe from Chinese oil firm
A United States district court has sentenced Paulinus Okoronkwo, a Nigerian American, to 87 months in prison for receiving a...
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Naira would’ve appreciated to N1,000/$ in weeks — but CBN intervened to ensure stability – Shettima
Vice-President Kashim Shettima says the naira would have appreciated to N1,000 per dollar in weeks if the Central Bank of...
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External reserves climb to 13-year high of $50.45bn – CBN
The Central Bank of Nigeria (CBN) on Tuesday said the country’s external reserves have risen to a 13-year high of...
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Nigeria’s power sector on brink of collapse — GenCos
… says it is owed N6.2 trillion The Association of Power Generation Companies (GenCos) has sounded a distress signal,...
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NGX suspends trading in Zichis Agro shares, launches probe after 772% price surge
The Nigerian Exchange Limited (NGX) has suspended trading in the shares of Zichis Agro-Allied Industries Plc pending the outcome of...
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Lafarge Africa Honours Trade Partners at the 2025 Customer and Transporter Awards
Lafarge Africa Plc, a leading innovative and sustainable building solutions company and manufacturer of premium cement brands, has celebrated its...
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Dangote: Nigerians will be able to buy shares in our refinery in five months
Aliko Dangote, chief executive officer (CEO) of the Dangote Group, says within the next five months, Nigerians will be...
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Foreign investment seen at $23.3bn, strongest in six years
Foreign capital inflows into Nigeria are expected to reach $23.3 billion at the end of 2025, the strongest in six...
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BPP: Procurement reforms saved FG N1.1 trillion in 2025
The Bureau of Public Procurement (BPP) says the ongoing procurement reforms saved the federal government over N1.1 trillion between January...
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Naira appreciates to N1,340/$ at parallel market — strongest performance in two years
The Nigerian naira appreciated to N1,340 per dollar at the parallel section of the foreign exchange (FX) market on Friday....
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