Business

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…

5 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…

5 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…

5 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…

5 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…

5 months ago

Inferno at Lagos high-rise leaves traders devastated, billions lost

A massive fire ripped through a 25-storey building on Martins Street, Lagos Island on Christmas Eve, destroying goods worth billions…

5 months ago

Port Harcourt refinery still supplying diesel despite shutdown — NMDPRA

The Port Harcourt Refining Company has been supplying diesel to the Nigerian market daily even though it has been shut…

5 months ago

Nigeria exports $2.5bn worth crude oil to U.S. in eight months

Nigeria shipped about 33.23 million barrels of crude oil to the United States between January and August 2025, earning an…

5 months ago

Reforms put Kaduna among top investment destinations — Commissioner

Kaduna State’s impressive performance in the latest Ease of Doing Business ranking is the result of Governor Uba Sani’s investments…

5 months ago

Silver tops $75 for first time as gold, platinum hit record highs

Silver hit $75 for the first time on Friday, December 26, 2025, with gold and platinum also striking record highs.…

5 months ago

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