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Business
Dangote Sugar reports ₦22.11bn loss despite 46% revenue growth
Despite a rise in revenue, Dangote Sugar Refinery Plc on Thursday reported a N22.11 billion loss before tax for the first half of…
Dangote seeks African leaders support to protect local industries
President/Chief Executive, Dangote Industries Limited, (DIL), Aliko Dangote, has appealed to African leaders to take deliberate…
Eight banks have met recapitalisation requirements, others in race to meet…
The Central Bank of Nigeria (CBN) has confirmed that only eight banks have fully met their recapitalisation requirements.
CBN…
CBN keeps interest at 27.5% for third time in 2025
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27.5 per cent, along with all other policy…
Nigeria’s GDP climbs to N372trn, retains position as fourth…
The National Bureau of Statistics (NBS) says Nigeria’s nominal gross domestic product (GDP) is N372.82 trillion as of 2024…
FG backs single window to boost trade
The Federal Government has reaffirmed its intention to implement the National Single Window – a flagship initiative of President…
Nigeria’s GDP grows 3.13% in Q1 2025
Nigeria’s Gross Domestic Product (GDP) grew by 3.13 per cent year-on-year in real terms during the first quarter of 2025,…
Court orders CAC to deregister KPMG Professional Services
The Court of Appeal in Lagos has asked the Corporate Affairs Commission (CAC) to revoke the certificate of registration of “KPMG…
Femi Otedola to launch Book in August
Billionaire businessman Femi Otedola has announced that he will launch his new book on 18 August 2025.
Writing…
NMDPRA commences performance assessment of licensed gas distributors
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has begun a two-day performance review of licensed…