Business

FG clears N185bn gas debts to rescue power sector

The Federal Government has approved the payment of N185bn in long-standing debts owed to natural gas producers, a move aimed…

6 hours ago

Stock market maintains bullish rally as investors gain N97bn

The Nigerian stock market closed bullish on Thursday, December 4, 2025, leading to N97 billion gains for investors. This marked…

6 hours ago

Mobile subscriptions rise to 175m as Nigeria’s telecom sector recovers

Nigeria’s telecommunications sector is firmly back on a growth path, with active mobile subscriptions rising to 175.08 million in October…

18 hours ago

Abdul Samad Rabiu acquires new Bombardier Global 8000 business jet

The BUA Group chairman, Abdul Samad Rabiu, has finalised a deal to purchase Bombardier’s top-tier Global 8000 business jet. Sources…

19 hours ago

Court orders liquidation of Dantata & Sawoe over unpaid $1.4m debt

The Federal High Court in Abuja has appointed a liquidator to wind up Dantata & Sawoe Construction Company Limited over…

1 day ago

NGX unveils commercial paper listings

The Nigerian Exchange Limited (NGX) has expanded its offerings with the introduction of commercial paper listings approved by the Securities…

1 day ago

AMCON achieves N3.6trn repayment milestone, launches global hunt for hidden assets

The Asset Management Corporation of Nigeria (AMCON) says it has repaid a total of N3.6 trillion to the Central Bank…

1 day ago

Belgium’s SIAT to invest $100m in Nigeria’s Presco

Edo State is set to benefit from a fresh injection of foreign capital as Belgian agro-industrial giant SIAT NV invests…

1 day ago

BUA Group set to build feed mill in Kano

BUA Group is expanding its presence in Nigeria’s food and agriculture sector with plans to construct a 40-tonnes-per-hour animal feed…

1 day ago

Fire razes Jabi wood market in Abuja

A major fire erupted in the early hours of Wednesday, December 3, 2025, destroying large sections of the popular Jabi…

2 days ago

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