Business

Nigeria gains investor confidence after S&P upgrades

Nigeria has received a fresh boost in international economic confidence after S&P Global Ratings upgraded the country’s sovereign credit rating…

2 months ago

Stock market investors lose N1.23trn as profit-taking persists

The Nigerian stock market extended its bearish trend on Friday, May 15, 2026, shedding N1.226 trillion as investors recorded losses…

2 months ago

Dangote Refinery sues FG over policy shift on petrol imports

The Dangote Petroleum Refinery has filed a lawsuit against the Federal Government, challenging the issuance of fresh fuel import licences…

2 months ago

Nigeria’s inflation climbs to 15.69% as food prices rise

Nigeria’s inflation rate rose to 15.69 per cent in April 2026 as higher food, transport, hospitality and healthcare costs continued…

2 months ago

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…

2 months 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…

2 months 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…

2 months 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…

2 months 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…

2 months 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…

2 months ago

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