Business

811 Articles
Business

Outrage as NCAA Imposes New $11.50 Levy on International Air Tickets, Set to Generate Nearly $1bn in 20 Years

The Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce a new $11.50 security levy on all international air tickets for both...

Business

Civil Defence Board Closes Recruitment Portal November 7, Begins Online Test November 12

The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has announced that shortlisted candidates for its ongoing recruitment exercise will now take...

Business

FG Introduces 15% Fuel Import Duty as Dangote Refinery Drives Shift in Nigeria’s Energy Market

The average landing cost of imported petrol has fallen to N829.77 per litre, now cheaper than the ex-depot price of fuel produced locally,...

Business

MTN Nigeria Posts N750bn Profit as Revenue Hits N3.7tn in Nine Months

MTN Nigeria Communications Plc has reported a tax expense of N376.3 billion for the nine months ending September 30, 2025, marking a major...

Business

Rex Insurance Records N880m Profit, Pays N30.2bn in Claims Amid Tough 2024 Market

Rex Insurance has reported a profit before tax of N880 million for the 2024 financial year, despite paying out N30.2 billion in claims....

Business

Almond Awards 2025 Set to Redefine Nigeria’s Insurance Narrative with Pop Culture Influence

The organisers of the 2025 Almond Insurance Industry Awards have said that the annual event is not just about celebration but a strategic...

Business

Julius Berger Raises Alarm Over Abuja Housing Crisis, Calls for Sustainable and Affordable Solutions

Julius Berger Nigeria Plc has highlighted growing challenges within the Federal Capital Territory’s construction sector, citing an oversupply of luxury estates, a widening...

Business

CBN Reforms Shield Naira as Oil Prices Crash Below Budget Benchmark

With global crude oil prices plunging to around $64 per barrel—well below Nigeria’s $75 per barrel budget benchmark—the country faces renewed fiscal and...