Business

The hidden GDP driving Nigeria’s wedding economy

In Nigeria, weddings are far more than glamorous celebrations. They form a massive, largely informal economic engine that quietly contributes…

7 months ago

MTN Nigeria remits N6.9trn tax to FG

MTN Nigeria has announced that its total tax, levies, and statutory payments to the federal and state governments have exceeded…

7 months ago

Investors lose N68bn as stock market extends weekly decline

The Nigerian stock market extended last week’s losses on Monday, November 24, 2025, as investors shed N68 billion. The downturn…

7 months ago

FG launches national livestock council, targets $74bn industry growth

The Federal Government on Monday inaugurated the National Council on Livestock Development (NCLD) in Yola, a new policy body expected…

7 months ago

NNPC generates N5.4trn profit in 2024

The Nigerian National Petroleum Company (NNPC) Limited has announced a Profit After Tax (PAT) of N5.4 trillion for the full…

7 months ago

Nigeria’s petrol shipments surge after suspension of import duty

Nigeria has recorded a major spike in petrol imports, with about 149,500 metric tonnes of Premium Motor Spirit — roughly…

7 months ago

Zenith Bank awards ₦140m to hackathon winners at Tech Fair 5.0

Zenith Bank has rewarded ten African innovators with a total of ₦140 million at the Fifth Edition of its Zenith…

7 months ago

Customs introduces one-stop-shop to boost trade efficiency at ports

The Nigeria Customs Service (NCS) has introduced a One-Stop-Shop (OSS) initiative aimed at reducing demurrage charges and cutting cargo dwell…

7 months ago

FX inflows surge as reforms boost offshore investors’ interest in Nigeria

Nigeria is witnessing renewed appetite from foreign and domestic investors as rising FX inflows signal growing confidence in the country’s…

7 months ago

Bitcoin hits 7-month low at $85,350

Cryptocurrencies were caught in a broad flight from risk assets on Friday, November 21, 2025, sending bitcoin and ether to…

8 months ago

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