Business news
Nigeria Endorses China’s Global Governance Initiative, Aligns with Renewed Hope Agenda
The Federal Republic of Nigeria has formally endorsed the Global Governance Initiative (GGI), launched by President Xi Jinping of the...
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NECA Backs CBN’s MPR Cut to 27%, Says Policy Could Spur Growth
The Director-General of the Nigeria Employers’ Consultative Association (NECA), Adewale-Smatt Oyerinde, has applauded the Central Bank of Nigeria’s (CBN) decision...
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Nigeria’s Textile Imports Hit N565.96bn in H1 2025, Stakeholders Raise Alarm
Nigeria imported textiles and textile articles worth N565.96bn in the first half of 2025, according to the latest figures released...
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Nigeria–UAE Non-Oil Trade Hits $4.3bn in 2024
Trade relations between Nigeria and the United Arab Emirates (UAE) reached a record $4.3bn for non-oil commodities in 2024 Speaking...
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Nigeria’s Economy Grows 4.23% in Q2 2025, Driven by Oil and Industry
Nigeria’s economy expanded by 4.23 per cent in real terms in the second quarter of 2025, outpacing the 3.48 per...
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FirstBank Partners E1 Lagos GP to Champion Nigeria’s First Electric Powerboat Racing
In line with its commitment to promoting sports and developmental initiatives, First Bank of Nigeria Limited has announced its partnership...
Read moreChina-Nigeria Trade Hits $15.48bn in Seven Months, Says Consul-General
The Consul-General of the People’s Republic of China in Lagos, Ms. Yan Yuqing, has disclosed that trade between China and...
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Dangote Refinery’s Free Fuel Delivery Sparks Protest from Transport Owners
The launch of the Dangote Refinery’s direct fuel distribution scheme has unsettled Nigeria’s fuel transport industry, as bulk buyers and...
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PenCom Bans Significant Cross-Shareholding in Pension Fund Operators
The National Pension Commission (PenCom) has issued new guidelines banning significant cross-shareholding in multiple licensed Pension Fund Operators (LPFOs), with...
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Sanwo-Olu Seeks Lagos–Georgia Partnership to Drive Trade, Innovation, and Infrastructure
Lagos State Governor, Mr. Babajide Sanwo-Olu, has expressed the readiness of the state to deepen ties with Georgia, United States,...
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