Business

FG unveils $100m equity fund to boost local participation in oil, gas

The Federal Government has launched a $100 million equity investment scheme aimed at strengthening the capacity of Nigerian companies operating…

4 months ago

Lagos unveils first City Trade Fair, targets 3,000 MSME

The Lagos State Government has announced the inaugural edition of the Lagos Micro, Small and Medium Enterprises (MSMEs) Exclusive and…

4 months ago

NUPRC launches Nigeria 2025 Licensing Round with $10bn investment potential

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the Nigeria 2025 Licensing Round, unveiling a dedicated bid portal…

4 months ago

Nigeria recorded 3.98% GDP growth in Q3 2025

Nigeria’s economy grew by 3.98 percent year-on-year in the third quarter of 2025 (Q3’25), according to the latest figures released…

4 months ago

Nigeria’s public debt rose to N152.39trn in Q2 2025 — NBS

Nigeria’s total public debt stock climbed to N152.39 trillion (US$99.65 billion) in the second quarter of 2025 (Q2 2025), up…

4 months ago

Stock market slips as investors lose N197bn

The Nigerian stock market opened the week in the red on Monday, December 1, 2025, shedding N197 billion in investor…

4 months ago

Naira depreciates against dollar at official market

The naira opened the week with a slight depreciation on Monday, trading at N1,448.43 against the United States dollar at…

4 months ago

Bitcoin extends monthly decline, drops below $87,000

Bitcoin dropped below $90,000 on Monday, December 1, 2025, extending losses after its steepest monthly decline since the 2021 cryptocurrency…

4 months ago

Appeal Court restores receivership as police repossess Nestoil headquarters

The corporate headquarters of Nestoil Limited in Victoria Island, Lagos, has been taken over by a court-appointed receiver after the…

4 months ago

Nigeria’s current account surges 85% to $5.28bn, strengthening external buffers – Cardoso

Nigeria’s external position has strengthened sharply, with the current account balance rising 85% to $5.28 billion in Q2 2024, according…

4 months ago

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