Business

Cisco to sack 4,000 workers in AI-focused restructuring

Cisco has announced that it would cut nearly 4,000 jobs, as part of a restructuring aimed at shifting investment toward…

2 months ago

NGX investors trade 1.68bn shares as market capitalisation hits N161.8trn

Investors on the Nigerian Exchange Limited (NGX) on Wednesday transacted 1.683 billion shares worth N109.438 billion in 76,557 transactions. This…

2 months ago

Otedola raises First HoldCo stake with N43bn share purchase

The Chairman of First HoldCo Plc, Femi Otedola, has strengthened his hold on the company after acquiring additional shares worth…

2 months ago

Kaduna farmers warn of looming food crisis over insecurity, fertiliser costs

The All Farmers Association of Nigeria (AFAN) in Kaduna State has raised concerns over a possible food crisis, citing worsening…

2 months ago

Dangote, Niger partner to create 50,000 job

Dangote Industries Limited has entered into a partnership with the Niger State Government aimed at driving industrialisation, expanding rice production…

2 months ago

Stock market extends bullish run as investors gain N1.52trn

The Nigerian stock market sustained its bullish trend on Tuesday, May 12, 2026, as investors gained N1.518 trillion following renewed…

2 months ago

Dangote exports 1.66bn litres amid global oil crisis

Fresh figures released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority have shown that the Dangote Petroleum Refinery exported…

2 months ago

Nigeria misses OPEC production target again in April

Nigeria again failed to meet its crude oil production quota set by the Organisation of the Petroleum Exporting Countries after…

2 months ago

Lagos targets N4trn investment drive at ‘Invest in Lagos 3.0’ summit

The Lagos State Government has unveiled plans to attract over N4 trillion in local and foreign direct investments through the…

2 months ago

Fire destroys 24 shops at Ilorin ultra-modern market

A fire outbreak has destroyed at least 24 shops at the Mandate Ultra-Modern Market in Ilorin, with preliminary investigations pointing…

2 months ago

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