Business

Unity Bank counters reports, says recapitalisation target already met

Unity Bank Plc has dismissed reports suggesting it has failed to meet the recapitalisation requirements set by the Central Bank…

2 months ago

NSC suspends tariff hike by shipping companies

The Nigerian Shippers Council (NSC) has directed shipping companies to immediately suspend the implementation of recently approved tariffs. The directive…

2 months ago

Nigeria advances $20bn gas pipeline plan to Europe

Nigeria’s Federal Government has intensified high-level talks on a proposed $20 billion transcontinental gas pipeline aimed at supplying natural gas…

2 months ago

UBA, BII move to boost trade finance access across Africa

United Bank for Africa and British International Investment have signed a letter of intent to explore a strategic partnership aimed…

2 months ago

Uber reports N6.1bn driver earnings as Lagos strike disrupts ride-hailing

Uber Technologies Inc. has revealed that drivers using its platform in Nigeria collectively earn about N6.1 billion annually, even as…

2 months ago

Nigeria, UK seal £746m port deal as Tinubu pushes stronger trade ties

President Bola Tinubu has called for deeper trade and economic cooperation between Nigeria and the United Kingdom following the signing…

2 months ago

BUA Cement, Zenith Bank top gainers’ chart as stock market capitalisation hits N129trn in one week

The Nigerian Exchange Limited (NGX) closed the week on a positive note, with the All-Share Index (ASI) and market capitalisation…

2 months ago

Stock market reverses bullish run as investors lose N900bn

The Nigerian stock market closed the week on a negative note on Wednesday, March 18, 2026, wiping out N900 billion…

2 months ago

CBN: Dangote Refinery imported crude worth $3.74bn in 2025

Nigeria imported crude oil worth $3.74 billion in 2025 to support operations of the Dangote Petroleum Refinery, marking a significant…

2 months ago

UBA, NiDCOM strengthen ties to mobilize diaspora investment for Nigeria

United Bank for Africa (UBA Plc) has reaffirmed its commitment to channeling diaspora-driven investment into Nigeria, following a strategic engagement…

2 months ago

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