Business

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…

7 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…

7 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…

7 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…

7 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…

7 months ago

NLNG eyes new mid-scale LNG vessels from China

Nigeria LNG Ltd (NLNG) is negotiating with China’s Hudong Zhonghua Shipbuilding to acquire three 74,000-m³ mid-scale LNG carriers, with options…

7 months ago

New tax law could cripple Nigerian airlines — Allen Onyema

Allen Onyema, chairman and CEO of Air Peace, has warned that a proposed tax law set to take effect on…

7 months ago

Stock market rises as investors gain N1.287trn

The Nigerian stock market posted a positive performance on Tuesday, December 2, 2025, as investors added N1.287 trillion to their…

7 months ago

FG unveils $100m equity fund to boost local participation in oil, gas

The Federal Government has launched a $100 million equity investment scheme aimed at strengthening the capacity of Nigerian companies operating…

7 months ago

Lagos unveils first City Trade Fair, targets 3,000 MSME

The Lagos State Government has announced the inaugural edition of the Lagos Micro, Small and Medium Enterprises (MSMEs) Exclusive and…

7 months ago

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