Business

Fire destroys textile stores in Lagos

A three-storey commercial building housing textile material shops was destroyed by fire in the early hours of Saturday in Yaba,…

1 month ago

Nigeria’s oil production hits 1.84mbpd — NUPRC

Nigeria’s crude oil production has increased significantly to about 1.84 million barrels per day (mbpd), according to the Nigerian Upstream…

1 month ago

Again, stock market investors lose N3bn

The Nigerian stock market closed on a bearish note on Thursday, April 2, 2026, shedding N3 billion in market value…

1 month ago

Dangote Refinery denies receiving seven-cargo crude allocation from NNPC

Officials of the Dangote Petroleum Refinery have dismissed reports claiming that the Nigerian National Petroleum Company Limited (NNPC) allocated seven…

1 month ago

Stock market records N33bn turnover as investors gain N600bn

The Nigerian stock market transacted 815.48 million shares valued at N33.3 billion in 52,641 deals on Wednesday, April 1, 2026.…

1 month ago

CBN confirms 33 banks meet recapitalisation as lenders raise N4.65trn

The Central Bank of Nigeria (CBN) has announced the conclusion of the banking sector recapitalisation programme initiated in March 2024.…

1 month ago

Chevron takes FID on Aseng gas project in Equatorial Guinea

Noble Energy EG Limited (a Chevron company) confirms that Chevron has taken Final Investment Decision (FID) on the Aseng Gas…

1 month ago

GTCO declares N12.76 dividend, posts N1.23trn profit in 2025

Guaranty Trust Holding Company Plc (GTCO) has reported a profit after tax of N865.75 billion for the 2025 financial year…

1 month ago

Stock market reverses bearish trend as investors gain N516bn

The Nigerian stock market rebounded on Tuesday, March 31, 2026, rising by 0.40 per cent as investors gained N516 billion,…

1 month ago

Rabiu, Elumelu deepen partnership as BUA Foods hits N1.77trn revenue

Nigeria’s industrial and financial leaders are strengthening a long-running collaboration as BUA Group Chairman, Abdul Samad Rabiu, hosted United Bank…

2 months ago

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