Business

NNPC under fire over fresh push for bigger Dangote Refinery stake

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticised the Nigerian National Petroleum Company Limited (NNPC) over its reported…

6 hours ago

Stock market reverses bullish run as investors lose N170bn

The Nigerian stock market reversed its bullish trend on Thursday, May 14, 2026, recording a loss of N170 billion. Selloffs…

7 hours ago

APM Terminals pledges $600m investment in Nigeria’s maritime sector

Nigeria’s maritime industry is set for a fresh boost as global port operator APM Terminals has pledged a $600 million…

16 hours ago

IFC targets Nigeria’s livestock, energy sectors with fresh investment drive

The International Finance Corporation (IFC) says it will immediately send a team to Nigeria to explore scalable investment opportunities in…

17 hours ago

Lagos disburses N1.9bn to small businesses

The Lagos State Government says it disbursed nearly N1.9 billion in loans and grants to Micro, Small and Medium Enterprises…

21 hours ago

NCAA grants operating licence to Bayelsa-owned airline

The Nigeria Civil Aviation Authority (NCAA) has issued an Air Operator Certificate (AOC) to Bayelsa State-owned Pioneer Airline, paving the…

1 day ago

Cisco to sack 4,000 workers in AI-focused restructuring

Cisco has announced that it would cut nearly 4,000 jobs, as part of a restructuring aimed at shifting investment toward…

1 day ago

NGX investors trade 1.68bn shares as market capitalisation hits N161.8trn

Investors on the Nigerian Exchange Limited (NGX) on Wednesday transacted 1.683 billion shares worth N109.438 billion in 76,557 transactions. This…

1 day ago

Otedola raises First HoldCo stake with N43bn share purchase

The Chairman of First HoldCo Plc, Femi Otedola, has strengthened his hold on the company after acquiring additional shares worth…

2 days ago

Kaduna farmers warn of looming food crisis over insecurity, fertiliser costs

The All Farmers Association of Nigeria (AFAN) in Kaduna State has raised concerns over a possible food crisis, citing worsening…

2 days ago

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