Business

CBN raises withdrawal limits for individuals, corporate orgs

The Central Bank of Nigeria (CBN) has increased cash withdrawal limits on all channels for individuals and corporate organisations. The…

2 days ago

EU ban on Nigerian beans causes $363M annual loss

Nigeria’s agricultural sector loses an estimated $362.5–$363 million yearly due to the prolonged European Union (EU) ban on its dried…

3 days ago

NLNG eyes new mid-scale LNG vessels from China

Nigeria LNG Ltd (NLNG) is negotiating with China’s Hudong Zhonghua Shipbuilding to acquire three 74,000-m³ mid-scale LNG carriers, with options…

3 days ago

New tax law could cripple Nigerian airlines — Allen Onyema

Allen Onyema, chairman and CEO of Air Peace, has warned that a proposed tax law set to take effect on…

3 days ago

Stock market rises as investors gain N1.287trn

The Nigerian stock market posted a positive performance on Tuesday, December 2, 2025, as investors added N1.287 trillion to their…

3 days ago

FG unveils $100m equity fund to boost local participation in oil, gas

The Federal Government has launched a $100 million equity investment scheme aimed at strengthening the capacity of Nigerian companies operating…

3 days ago

Lagos unveils first City Trade Fair, targets 3,000 MSME

The Lagos State Government has announced the inaugural edition of the Lagos Micro, Small and Medium Enterprises (MSMEs) Exclusive and…

3 days ago

NUPRC launches Nigeria 2025 Licensing Round with $10bn investment potential

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the Nigeria 2025 Licensing Round, unveiling a dedicated bid portal…

4 days ago

Nigeria recorded 3.98% GDP growth in Q3 2025

Nigeria’s economy grew by 3.98 percent year-on-year in the third quarter of 2025 (Q3’25), according to the latest figures released…

4 days ago

Nigeria’s public debt rose to N152.39trn in Q2 2025 — NBS

Nigeria’s total public debt stock climbed to N152.39 trillion (US$99.65 billion) in the second quarter of 2025 (Q2 2025), up…

4 days ago

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