Business

Stock market rebounds as investors gain N1.7trn

The Nigerian stock market rebounded from its previous session’s loss as investors gained N1.725 trillion on Monday, March 2, 2026.…

2 months ago

Nigeria’s net reserves rise to $34.8bn in two years

The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s net foreign exchange reserves stood at $34.80 billion as of…

2 months ago

Dangote Refinery hikes petrol price to N875

The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by N101, raising the ex-depot rate from…

2 months ago

Dangote announces expansion to steel production, power generation

The President of Dangote Group, Aliko Dangote, has announced plans to expand into steel production, electricity generation, and port development…

2 months ago

FG begins direct remittance of oil revenues to FAAC

The Federal Government has commenced the implementation of Executive Order 9 of 2026, mandating the direct remittance of oil revenues…

3 months ago

FG, AFC seal $1.3bn deal to boost mining sector

The Federal Government has signed a $1.3 billion investment agreement with the African Finance Corporation (AFC) to finance three major…

3 months ago

FAAN cashless policy sparks chaos at Lagos, Abuja airports

Passengers travelling through airports in Lagos and Abuja on Sunday faced severe delays and missed flights following the full enforcement…

3 months ago

Global markets brace for oil shock after US–Israel strikes

Global oil prices are expected to surge when markets reopen late Sunday following US and Israeli strikes on Iran, with…

3 months ago

BUA Cement profit rises to N356bn as revenue hits N1.179trn

BUA Cement Plc recorded a profit after tax of N356.04 billion for the 2025 financial year, representing a significant increase…

3 months ago

Dangote Cement revenue rises to N4.31trn as profit hits N1.53trn

Dangote Cement Plc has reported a 20.3 per cent revenue growth to N4.31 trillion for the year ended December 31,…

3 months ago

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