Business

811 Articles
Business

Dangote Petroleum Clarifies Petrol Price Drop Unrelated to Federal Tariff Suspension

Dangote Petroleum Refinery has rejected claims that the recent reduction in petrol pump prices was linked to the Federal Government’s suspension of the...

Business

States Spent Low on Education and Health in 2024, BudgIT Reveals

A new report by civic organisation BudgIT reveals that Nigerian states spent only N6,981 per person on education and N3,483 per person on...

Business

Nigeria’s FX Inflows Surge Amid Reforms, But Long-Term Investment Still Lagging

Nigeria is witnessing a notable recovery in foreign exchange inflows, signaling a gradual but meaningful improvement in investor confidence after years of economic...

Business

Market Loses N1.17tn as Dangote Cement, Banks Weigh on Nigerian Equities

The Nigerian equities market started the week on a negative note, with the All-Share Index (ASI) falling 1.26% to close at 145,159.77 points...

Business

Dangote Refinery Says Fuel Price Cut Driven by Its Own Decision, Not Tariff Reversal

Dangote Petroleum Refinery has clarified that the recent reduction in pump prices by oil marketers is due to its own pricing adjustments, not...

Business

A QUICK CHAT WITH DR UCHE OGAH AT MASTERS ENERGY INDUSTRIAL CITY ONUAKU UTURU

Moments after addressing his staff inside the bustling Masters Energy Industrial City, Dr Uchechukwu Sampson Ogah paused for a brief conversation with a...

Business

FCMB Group Seeks Shareholder Approval to Raise Capital Limit to N370 Billion

FCMB Group Plc plans to request shareholder approval to increase its share capital as part of its ongoing N160 billion capital-raising initiative. The...

Business

Universal Insurance Sees Profits Soar as Investments Drive Strong Financial Growth

Universal Insurance Plc has released its financial results for the nine months ended September 2025, reporting a remarkable rise in profitability, largely driven...