Business

NUPRC @ 4: $40bn projects, record rig count, N358bn for host communities

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has celebrated its fourth anniversary with an impressive report of industry growth, highlighting…

7 months ago

Customs, manufacturers seal agreement on 4% FOB charge exemption

In a landmark move aimed at balancing industrial growth with efficient revenue collection, the Nigeria Customs Service (NCS) and the…

7 months ago

Why Providus–Unity Bank merger

With just six months remaining before the Central Bank of Nigeria’s (CBN) recapitalisation deadline, banks are accelerating efforts to meet…

7 months ago

SEC unveils roadmap for 2027 market-based valuation of fixed-income funds

The Securities and Exchange Commission (SEC) has set a September 2027 deadline for the full transition of Nigeria’s fixed-income market…

7 months ago

Bitcoin hits all-time high $125,000

Bitcoin hit a record high and was up nearly 2.7% at $125,245.57 on Sunday, October 5, 2025. Bitcoin's previous record…

8 months ago

Nigeria’s economy rebounding as CBN reforms stabilise FX, inflation — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says ongoing monetary reforms are beginning to yield results,…

8 months ago

Stock market records N384bn gain

The Nigerian stock market sustained its positive momentum on Friday, October 3, 2025, gaining N384 billion as investors increased interest…

8 months ago

NAFDAC seals Chinese supermarkets, cosmetics shops in Abuja

The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down two Chinese-owned supermarkets in Abuja’s Jabi…

8 months ago

Nigeria pushes for integration of ECOWAS capital markets

Nigeria has renewed calls for faster integration of West Africa’s capital markets to mobilise the scale of investment required to…

8 months ago

Ex-PAT CEO sues investors over buy-out deal

A legal battle has broken out over the 2023 acquisition of Pan African Towers (PAT), as the company’s former Chief…

8 months ago

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