Business

Stock market investors lose N4.6trn

The Nigerian stock market closed on a bearish note, losing N4.6 trillion on Tuesday, November 11, 2025, amid sell-offs in…

4 months ago

Naira depreciates to N1,440/$ in official market

The naira depreciated to N1,440.89 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Tuesday, November…

4 months ago

FG, state bonds remain tax-free in 2026

Investors in Nigerian government bonds can breathe easy — their bond income will remain completely tax-free in 2026. Despite confusion…

4 months ago

New Nigerian tax act expands taxation of foreign income

The recently enacted Nigeria Tax Act (NTA) represents a sweeping overhaul of the country’s tax framework, repealing and replacing major…

4 months ago

Fire ravages Singa Market, destroys 44 shops in Kano

A fire early Monday morning gutted parts of Singa Market in Kano, destroying 44 shops and properties worth millions of…

4 months ago

Nigeria’s crude oil profit fell by N824bn in 2024

Nigeria’s gross profit from crude oil and gas sales fell sharply by N824.66 billion in 2024, even as total oil…

4 months ago

Ellah Lakes unveils N235bn offer for subscription at NGX

Nigeria’s pioneering integrated agro-industrial enterprise, Ellah Lakes Plc, has launched a N235 billion offer for subscription on the floor of…

4 months ago

NUPRC: Approved fields to unlock 1.7bn barrels of oil, 7.7tcf gas

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 43 Field Development Plans (FDPs) approved in 2025 have the potential to…

4 months ago

Indimi invests $315m in offshore vessel to boost Nigeria’s oil production

Nigerian billionaire Muhammadu Indimi is making a bold move to strengthen the country’s oil production capacity with a $315 million…

4 months ago

NBC champions women’s leadership, entrepreneurship at 2025 WIMBIZ conference

The Nigerian Bottling Company (NBC) Ltd., a member of the Coca-Cola HBC Group, reaffirmed its strong commitment to women’s empowerment…

4 months ago

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