Nigeria Imports N5.7tn Crude Despite Massive Output, Exposing Supply Crisis
Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth a staggering N5.734 trillion in 2025, highlighting a ...
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Tag: #BusinessNews
Transcorp Secures Breakthrough Deal to Recover Multi-Billion Naira Power Debts
Transnational Corporation Plc has announced a major breakthrough in resolving long-standing liquidity challenges within its power business, confirming strategic settlement ...
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MTN Group Rebounds to ₦47.4bn Profit on Strong Nigeria, Ghana Performance
Pan-African telecoms giant MTN Group has reported a strong financial turnaround, posting an annual profit before tax of 47.4 billion ...
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OPay Denies Reports of Office Closure Over Tax Non-Compliance
OPay Digital Services Limited has dismissed reports claiming that its offices in Lagos and Abuja were sealed by the Nigeria ...
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Trading Ends Lower on Nigerian Exchange Limited as Profit-Taking Weighs on Key Stocks
Trading on the Nigerian Exchange Limited closed slightly lower on Wednesday as profit-taking in selected equities dragged key performance indicators ...
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Vitafoam Shareholders Approve N125m Bonus Share Issue, N3.75bn Dividend
Shareholders of Vitafoam Nigeria Plc have approved a N125 million capital injection through a bonus share issue and endorsed a ...
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Bullish Momentum Lifts NGX All-Share Index by 0.6%
Bullish sentiment persisted on the Nigerian equities market, as gains in key stocks pushed the benchmark index higher by 0.6 ...
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Nigeria’s Private Sector Rebounds as PMI Rises to 53.2 in February
Nigeria’s private sector recorded renewed growth in February 2026, rebounding from a contraction in January, according to the latest Purchasing ...
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MTN Nigeria Posts N5.2tn Revenue, Invests N1tn in Network Expansion
MTN Nigeria has reaffirmed its position as a major driver of the country’s non-oil economy, reporting a service revenue of ...
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MTN Nigeria Reclaims Top Spot on NGX with N14.9 Trillion Market Capitalisation
Telecommunications giant MTN Nigeria Plc has surged to the top of the Nigerian Exchange (NGX), recording a market capitalisation of ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.