Business

811 Articles
Business

National Assembly Locked Down as Contractors Demand N3tn Payment from FG

Operations at the National Assembly were disrupted on Wednesday as hundreds of aggrieved local contractors, lawyers, and civil society activists barricaded key entry...

Business

Senate Committee Flags $300bn in Lost Crude, Proposes Urgent Petroleum Sector Reforms

The Senate on Wednesday received the interim report from its ad hoc committee probing crude oil theft in the Niger Delta, highlighting fresh...

Business

OPEC Governor Urges Nigeria to End Crude Exports, Focus on Local Refining and Value Creation

The Chairman of the OPEC Board of Governors for 2025, Mr. Adeyemi-Bero, has urged Nigerian oil producers to shift focus from exporting crude...

Business

Oyo/Osun Customs Generates ₦77.9bn Revenue, Seizes Contraband Worth ₦818.8m in 10 Months

The Oyo/Osun Area Command of the Nigeria Customs Service has announced that it generated ₦77.88 billion in revenue between January and October 2025....

Business

Farmers Warn of Crisis as Ondo Imposes ₦250,000 Levy on Cocoa Plantations

Cocoa farmers in Ondo State have called on Governor Lucky Aiyedatiwa to suspend and review the newly introduced ₦250,000-per-hectare levy imposed on farmers...

Business

Nigeria’s Stock Market Extends Winning Streak, Up 49.7% Year-to-Date

The Nigerian Exchange Limited (NGX) closed October 2025 on a strong bullish note, posting an 8 per cent monthly gain and extending the...

Business

Wema Bank Honours Outstanding Teachers with ₦4.5m in 80th Anniversary Campaign

Wema Bank has awarded ₦4.5 million worth of prizes to the winners of its 2025 Wema @ 80 Teachers’ Day Campaign, celebrating educators...

Business

Nigeria’s Stabilisation Fund Triples as Excess Crude Account Rises 13% in Two Years

Nigeria’s Excess Crude Account (ECA) increased by 13 per cent over the past two years, while the Stabilisation Account surged more than threefold,...