Business

UBS to sack another 10,000 workers

UBS is set to cut an additional 10,000 jobs by 2027. Swiss paper SonntagsBlick disclosed this on Sunday, December 7,…

7 months ago

Stock market extends positive trend as investors gain N997bn

The Nigerian stock market closed the week on a positive note on Friday, December 5, 2025, recording a gain of…

7 months ago

Naira depreciates against dollar in official market

The naira closed the week slightly weaker on Friday, December 5, 2025, recording a loss of N2.60 against the United…

7 months ago

FG clears N185bn gas debts to rescue power sector

The Federal Government has approved the payment of N185bn in long-standing debts owed to natural gas producers, a move aimed…

7 months ago

Stock market maintains bullish rally as investors gain N97bn

The Nigerian stock market closed bullish on Thursday, December 4, 2025, leading to N97 billion gains for investors. This marked…

7 months ago

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…

7 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…

7 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…

7 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…

7 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…

7 months ago

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