Business

Unilever Nigeria’s revenue rises to N59.2bn, profit hits N11.5bn in three months

Unilever Nigeria Plc has reported a strong start to 2026, with its unaudited results for the first quarter ended March…

2 months ago

Stock market capitalisation hits N141trn as investors gain N861bn

The Nigerian stock market sustained a positive trend on Wednesday, April 22, 2026, recording a gain of N861 billion. Market…

2 months ago

Nigeria handles only 25% of West Africa’s cargo traffic — NPA

The Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, has expressed concern that Nigeria currently handles just 25…

2 months ago

Foreign inflows on NGX jumped to N288bn in March

Foreign portfolio investment on the Nigerian Exchange Limited (NGX) rebounded sharply in March 2026, with total foreign transactions surging by…

2 months ago

FG considers debt waiver for airlines as jet A1 crisis bites

The Federal Government is considering waiving debts owed by domestic airlines to aviation agencies as part of emergency measures to…

2 months ago

FG cuts monthly bond offer to N700bn

The Federal Government plans to raise N700bn from the domestic bond market this month, continuing a steady reduction in its…

2 months ago

NAFDAC seizes N350m fake alcohol, shuts illegal factories In Lagos

The National Agency for Food and Drug Administration and Control has dismantled two illegal production outlets and seized counterfeit and…

2 months ago

Flutterwave denies $75m FG investment, says IPO reports premature

African fintech firm Flutterwave has dismissed reports claiming it secured a $75 million investment from the Federal Government of Nigeria,…

2 months ago

Nigeria, Saudi Arabia move to review air services pact ahead of 2026 Hajj

Nigeria and Saudi Arabia have commenced fresh discussions to review their Bilateral Air Services Agreement (BASA) as part of efforts…

2 months ago

FCCPC tightens merger rules, signs consumer protection pact with Lagos

The Federal Competition and Consumer Protection Commission (FCCPC) has warned businesses and transaction advisers against concluding mergers and acquisitions without…

2 months ago

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