Business

Bearish run deepens as stock market investors lose N475bn

The Nigerian stock market closed the week on a downward trend, as investors’ portfolios declined by N475 billion on Friday,…

2 weeks ago

NBS: Nigeria’s GDP rate grew by 4.07% in Q4 2025

The National Bureau of Statistics (NBS) has announced that Nigeria's gross domestic product (GDP) grew by 4.07 percent (year-on-year) in…

2 weeks ago

Paramount acquires Warner Bros as Netflix walks away

Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix refused…

2 weeks ago

Again, stock market investors lose N515bn

The Nigerian stock market recorded 0.41 per cent decline on Thursday, February 26, 2026, indicating N515 billion loss for investors.…

2 weeks ago

Cement price surge hits N11,000

Consumers and builders across several states in Nigeria are grappling with fresh increases in cement prices, with a 50kg bag…

2 weeks ago

Kogi gets NEPZA nod for Ajaokuta Economic City

Kogi State has obtained the Declaration Licence for the Ajaokuta Economic City Free Trade Zone, marking the formal launch of…

2 weeks ago

Diesel dips 9.32% year-on-year to ₦1,361.57 in January — NBS

The average retail price of Automotive Gas Oil (AGO), commonly known as diesel, fell to ₦1,361.57 per litre in January…

2 weeks ago

AEDC cuts power losses by 10% in one year

The Abuja Electricity Distribution Company (AEDC) says it has reduced its aggregate technical, commercial and collection losses from about 42…

2 weeks ago

EFCC operative testifies in UK trial of Alison-Madueke

An operative of the Economic and Financial Crimes Commission (EFCC), Mr Chinedu Eneanya, on Thursday, testified in the ongoing trial…

2 weeks ago

Mother, daughter bag 6 months imprisonment for stealing litres of oil

An Ile-Ife Magistrates’ Court on Thursday, convicted and sentenced a woman and her daughter to a term of six months…

2 weeks ago

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