BUSINESS
Tinubu Sacks 5 Heads Of Aviation Agencies, Suspends NCAA DG Over Alleged Corruption
President Bola Tinubu on Wednesday, sacked the heads of various agencies in the aviation sector, replacing them with acting and substantive heads. They include Mr....
We’ve Received N3.911bn In Oil Derivation — Lagos State Govt
The Lagos State Government has disclosed that the sum of N3.911bn has been realised since it became an oil-producing state but the production has...
FG Not Responsible For Latest Petrol Price Hike — Minister
The Minister of Information and National Orientation, Mohammed Idris has stated that the federal government is not responsible for the latest hike in petrol...
Foreign Transactions Increases To N118.9bn On NGX
Foreign portfolio transactions on the Nigerian Exchange Limited surged to N118.9bn in May 2025, representing an increase of 88.54 per cent compared to N63.07bn...
Naira Holds Steady Against Dollar As Market Maintains Calm Start To February
The Nigerian Naira continued its steady performance against the U.S. Dollar on Tuesday, February 3, 2026, maintaining a narrow trading range as investors and...
Standard Bank, Stanbic IBTC Complete $250m Financing Deal For Aradel Energy
A consortium led by Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and Standard Bank of South Africa has reached financial close on a...
World Bank blacklists CCECC, five other Chinese firms operating in Nigeria
The World Bank has blacklisted six Chinese companies currently operating in Nigeria over alleged fraud and corruption. The companies, according to an announcement published on...
Elon Musk Buys Twitter
Twitter said Monday it has agreed to sell itself to Elon Musk, who will take the company private in a deal valued at around $44 billion. The deal caps off a whirlwind news cycle in which the Tesla and SpaceX CEO became one of Twitter's largest shareh...
I Can Generate Billions Of Dollars From Cattle Business – Senator Okorocha
The lawmaker representing Imo West in the National Assembly, Senator Rochas Okorocha has said that Nigeria loses billions of dollars from cattle business, urging...
Senate Approves Tinubu’s $2.2BN Loan Request
President Bola Tinubu's request for a $2.2 billion loan to help partially finance the ₦9.7 trillion budget deficit for the fiscal year 2024 was...
