Business
CAC Warns Banks Against Enabling Inactive Companies to Evade Regulations
Nigeria’s Corporate Affairs Commission (CAC) has raised concerns that some banks and financial institutions are enabling corrupt practices by allowing companies flagged as...
Nigeria Pushes to Turn Gas Reserves into Reliable Power and Industrial Growth
Nigeria’s federal government has announced a new push to improve the country’s gas‑to‑power system, aiming to boost electricity supply and support industrial expansion....
New Tax Policies Set to Reshape Nigeria’s Property Market
Real estate professionals have begun weighing in on how Nigeria’s recently introduced tax changes could shift dynamics in the property market. At a...
Price Alert: Nigeria Could See Petrol Near ₦1,000 If Coastal Delivery Costs Are Passed On
Nigeria’s Dangote Petroleum Refinery has sounded a warning that the way fuel is transported from its plant could affect what drivers pay at...
Workers’ Protest Shuts Down Flight Activities at Enugu Airport
Operations at Enugu’s international airport were thrown into disorder after aviation staff began a coordinated strike that forced a shutdown of key airport...
Naira Gains Momentum as Policy Reforms and Oil Prices Boost FX Market
Nigeria’s foreign exchange market is showing signs of improvement as measures by the Central Bank and higher revenues from oil exports help stabilize...
MTN Set to Take Full Ownership of IHS Towers in Multi-Billion Dollar Move
MTN Group is reportedly in advanced discussions to acquire the remaining stake in IHS Towers, a major independent owner of mobile tower infrastructure....
Shell Achieves $17.84 Billion Profit Despite Weak Oil Market
British energy giant Shell reported a strong finish to 2025, posting a net profit of $17.84 billion, up from $16.1 billion the previous year, as...
