River Park Estate Crisis: Nigerian investor, Ogunmuyiwa, dismisses resignation claim
Nigerian investor and founder of River Park Estate, Adrian Ogunmuyiwa, dismissed the claim of purported resignation as a member of the board. Ogunmuyiwa, in a s...
Business & Money · Page 50
BREAKING: Nationwide blackout looms as Nigerian electricity workers begin strike
Nigerians may experience blackout in the coming days as the National Union of Electricity Employees, NUEE, commenced a strike action on Wednesday over non-imple...
We never demanded subsidy from Dangote Refinery’ – DAPPMAN
The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has denied the allegation that its members demanded an annual subsidy of N1.5 trilli...
Nigerians push for reduction in costs of living after CBN interest rate cut
The Central Bank of Nigeria Monetary Policy on Tuesday cut interest rates by 50 basis points to 27 per cent. The move brings excitement to businesses as Nigeria...
CBN slashes interest rate for first time in 3 years.
The Central Bank of Nigeria’s Monetary Policy Committee, MPC, on Tuesday cut the interest rate from 27.50 percent to 27 percent from 27.50 percent. CBN Governor...
Nigeria’s GDP growth masks citizens’ frustrations under Tinubu – Economists
Nigeria’s gross domestic product rose to 4.33 per cent in the second quarter of 2025 from 3.13 per cent in the first quarter, with mixed feelings for Nigerians,...
Cardoso’s two years at CBN yield naira stability, inflation decline – CPPE
The Centre for the Promotion of Private Enterprise, CPPE, has said that naira stability, foreign exchange market gains, and a decline in inflation are some of t...
Edo Govt to seal Dangote, NPDC, other alleged tax defaulting organizations
For allegedly defaulting in the payment of relevant taxes, the Edo State Government has threatened to seal the offices of a Federal Government parastatal as wel...
Naira depreciates against US dollar
The Naira recorded depreciation against the dollar at the official foreign exchange rate market on Wednesday. The Central Bank of Nigeria’s data showed that the...
FG, states, local gov share highest N2.2tn revenue for August
Nigeria’s three tiers of government- federal, state and local, shared the highest revenue of N2.2 trillion for August 2025. This is highest when compared to the...
Nigeria now positioned as most attractive upstream investment hub – NUPRC
Nigeria is emerging as one of the most attractive global destinations for upstream oil and gas investment, according to the Chief Executive of the Nigerian Upst...
Ajaokuta Steel Company cannot work – Dangote
The President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has declared that Ajaokuta Steel Company cannot work. Dangote expressed scepticism...