Business

Mobile subscriptions rise to 175m as Nigeria’s telecom sector recovers

Nigeria’s telecommunications sector is firmly back on a growth path, with active mobile subscriptions rising to 175.08 million in October…

5 months ago

Abdul Samad Rabiu acquires new Bombardier Global 8000 business jet

The BUA Group chairman, Abdul Samad Rabiu, has finalised a deal to purchase Bombardier’s top-tier Global 8000 business jet. Sources…

5 months ago

Court orders liquidation of Dantata & Sawoe over unpaid $1.4m debt

The Federal High Court in Abuja has appointed a liquidator to wind up Dantata & Sawoe Construction Company Limited over…

5 months ago

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…

5 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…

5 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…

5 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…

5 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…

6 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…

6 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…

6 months ago

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