Business

Nigeria’s external reserves set to hit $51bn in 2026 — CBN

The Central Bank of Nigeria has projected that the country’s external reserves will rise to $51.04bn in 2026, up from…

3 months ago

Concerns mount over Apapa Bridge as 23 ships head to Lagos Ports

Growing worry is building over the worsening state of the Apapa Bridge and surrounding port access roads, just as 23…

3 months ago

NNPC begins bid process to sell stakes in oil, gas assets

The Nigerian National Petroleum Company Limited (NNPC Ltd) has launched a bidding process to sell portions of its interests in…

3 months ago

CBN projects Nigeria’s debt-to-GDP ratio to hit 34.68% by 2026

The Central Bank of Nigeria (CBN) has forecast that the nation’s public debt could climb to 34.68 percent of Gross…

3 months ago

Fire destroys valuables at Sango shopping complex in Ibadan

A fire on Monday razed part of the Sango Shopping Complex in Ibadan North Local Government Area, Oyo State, destroying…

3 months ago

Stock market records 80% local participation, 21% foreign in 2025

Domestic investors dominated trading activities on the Nigerian Exchange Group (NGX) in 2025, accounting for 80 per cent of total…

3 months ago

Otedola sells Geregu Power shares for N1trn

Billionaire businessman Femi Otedola has sold his majority stake in Geregu Power Plc for N1.088 trillion, marking a major shift…

3 months ago

Naira appreciates against dollar at official market

The naira opened the trading week with appreciation against the United States dollar at the official market, trading at N1,442.51…

3 months ago

Edun: Security operations strengthen confidence, economy remains resilient

The Federal Government has assured investors and the public that recent security operations, including the joint airstrikes conducted with the…

3 months ago

Airfares may hit ₦1m as new tax laws take effect — Onyema

Chairman and Chief Executive Officer of Air Peace, Allen Onyema, has warned that Nigeria’s new tax regime could push domestic…

3 months ago

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