Business

Naira depreciates against dollar at official market

The naira closed the week with a marginal depreciation at the official foreign exchange market on Friday, June 26, 2026,…

3 days ago

Volkswagen to sack 100,000 workers, shut 4 four plants in sweeping restructuring plan

Volkswagen is considering dismissing up to 100,000 jobs and shutting four manufacturing plants in Germany as part of a major…

4 days ago

NECA to lead national discussion on economic reforms at 2026 Employers’ Summit

The Nigeria Employers’ Consultative Association (NECA) has announced that its 2026 Employers’ Summit will undertake a critical review of the…

4 days ago

Dangote refinery eyes historic $2bn stock market debut

Dangote Petroleum Refinery's planned public listing has generated strong investor interest ahead of its expected Initial Public Offering (IPO), with…

4 days ago

NGX investors lose N958bn as profit-taking drags market lower

The Nigerian stock market extended its negative performance on Thursday, June 25, 2026, as investors’ wealth declined by N958 billion…

4 days ago

JAIZ Bank profit jumps 28%, targets N150bn capital

JAIZ Bank Plc has reported a strong financial performance for the 2025 financial year, recording a 24 per cent increase…

4 days ago

Zenith Bank opens new branch in Delta community, vows more expansion

Zenith Bank Plc has expanded its presence in Delta State with the official opening of a new branch in Osubi,…

5 days ago

Phase3 telecom reaffirms commitment to expanding broadband access across Nigeria

Leading telecommunications infrastructure provider, Phase3 Telecom, has reaffirmed its commitment to deepening broadband penetration across Nigeria, highlighting more than two…

5 days ago

Top banks spend N119bn on technology in three months

Nigeria’s leading banks spent more than ₦119 billion on technology and digital infrastructure in the first quarter of 2026, underscoring…

5 days ago

Trump accuses oil giants of price gouging

United States President Donald Trump has accused major oil companies of failing to pass on the benefits of falling crude…

5 days ago

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