Business

NGX unveils commercial paper listings

The Nigerian Exchange Limited (NGX) has expanded its offerings with the introduction of commercial paper listings approved by the Securities…

4 months ago

AMCON achieves N3.6trn repayment milestone, launches global hunt for hidden assets

The Asset Management Corporation of Nigeria (AMCON) says it has repaid a total of N3.6 trillion to the Central Bank…

4 months ago

Belgium’s SIAT to invest $100m in Nigeria’s Presco

Edo State is set to benefit from a fresh injection of foreign capital as Belgian agro-industrial giant SIAT NV invests…

4 months ago

BUA Group set to build feed mill in Kano

BUA Group is expanding its presence in Nigeria’s food and agriculture sector with plans to construct a 40-tonnes-per-hour animal feed…

4 months ago

Fire razes Jabi wood market in Abuja

A major fire erupted in the early hours of Wednesday, December 3, 2025, destroying large sections of the popular Jabi…

4 months ago

CBN raises withdrawal limits for individuals, corporate orgs

The Central Bank of Nigeria (CBN) has increased cash withdrawal limits on all channels for individuals and corporate organisations. The…

4 months ago

EU ban on Nigerian beans causes $363M annual loss

Nigeria’s agricultural sector loses an estimated $362.5–$363 million yearly due to the prolonged European Union (EU) ban on its dried…

4 months ago

NLNG eyes new mid-scale LNG vessels from China

Nigeria LNG Ltd (NLNG) is negotiating with China’s Hudong Zhonghua Shipbuilding to acquire three 74,000-m³ mid-scale LNG carriers, with options…

4 months ago

New tax law could cripple Nigerian airlines — Allen Onyema

Allen Onyema, chairman and CEO of Air Peace, has warned that a proposed tax law set to take effect on…

4 months ago

Stock market rises as investors gain N1.287trn

The Nigerian stock market posted a positive performance on Tuesday, December 2, 2025, as investors added N1.287 trillion to their…

4 months ago

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