Business

NNPC Achieves N45.1 Trillion Revenue, Sets Bold Production Targets

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a Profit After Tax (PAT) of N5.4 trillion on N45.1 trillion revenue for the...

Ibadan Explosion: FG Orders Immediate Shutdown Of Illegal Gas Operations Nationwide

The Federal Government has issued a stern warning to all unauthorised gas retail operators, directing them to immediately vacate the sector following a deadly...

Why Petrol Pump Prices Dropped Nationwide — Dangote Refinery

The Dangote Petroleum Refinery has clarified that the recent drop in petrol pump prices across the country was driven solely by its internal price...

Paystack Suspends Co-Founder Ezra Olubi Over Sexual Misconduct Allegation

Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, following a sexual misconduct allegation involving a subordinate that began circulating online on...

GTCO Posts N900.8bn Pre-Tax Profit In Q3 2025 As Interest, Fee Income Rise

Guaranty Trust Holding Company Plc (GTCO) reported a profit before tax of ₦900.8 billion for the third quarter ended September 30, 2025, driven by...

Nigeria’s Money Supply Falls To ₦118 Trillion In September

Nigeria’s broad money supply (M2) declined month-on-month to ₦118 trillion in September 2025, down from ₦119.7 trillion recorded in August, according to the Central...

Nigeria Presides Over Historic Afreximbank Leadership Handover In Cairo

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has presided over the investiture of Dr. George Elombi as the fourth...

Nigerians Demand Accountability in Gold Mining, National Gold Purchase Program

By Bitto Bryan. In light of the alarm raised by the National Economic Council over the large-scale illegal mining and theft of Nigeria's solid minerals,...

FG Moves To Recover Unremitted Funds, Strengthen Federation Account

The Federal Government has announced plans to recover all unremitted funds owed to the Federation by individuals and corporate entities, as part of efforts...

Travellers Must Declare Cash Above $10,000 At Airports, NFIU Warns

The Nigerian Financial Intelligence Unit (NFIU) has reiterated that all air travellers carrying cash exceeding $10,000 must declare it at international airports during check-in. The...

FCCPC Applauds CBN’s 48-Hour Refund Policy For Failed ATM And Electronic Transactions

The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Central Bank of Nigeria (CBN) for introducing draft guidelines that mandate banks to...

NCAA Warns Airlines: Ticket Refunds Must Be Completed Within 14 Days

The Nigerian Civil Aviation Authority (NCAA) has cautioned domestic airlines against violating the official 14-day ticket refund policy, warning that misleading passengers with longer...

NEXIM Bank Promises Affordable Loans To Strengthen Nigerian SMEs’ Export Competitiveness

The Nigerian Export-Import Bank (NEXIM) has pledged to expand affordable financing options for Small and Medium Enterprises (SMEs) to reduce borrowing costs, strengthen export...

NUPRC Unlocks $4.9bn Gas Investments, Approves 25 New Field Projects Under PIA

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has approved 25 new Non-Associated Gas (NAG) Field Development Plans (FDPs) since the enactment of...

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