Business

811 Articles
Business

Dangote Sugar Cuts Losses by 94%, Posts N626bn Revenue in Nine Months

Dangote Sugar Refinery Plc has reported a revenue of N626.24bn for the nine months ended September 30, 2025, marking a 29 per cent...

Business

Veritas Kapital Assurance Names Babatunde Irukera as Board Chairman, Pledges Fairness and Dividend Revival

Shareholders of Veritas Kapital Assurance Plc have elected the former Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), Mr. Babatunde...

Business

Naira Hits Strongest Level of 2025, Appreciates to ₦1,421/$ as Foreign Inflows Boost Liquidity

The naira recorded its strongest performance of 2025 in October, closing the month at ₦1,421.73 per dollar at the Nigerian Foreign Exchange Market,...

Business

Banks’ Tax Payments Rise to ₦674.68bn in First Half of 2025 Amid Stronger Earnings

Seven major Nigerian banks collectively paid a total of ₦674.68 billion in taxes to the Federal Government in the first half of 2025,...

Business

Nigeria’s Power Firms Lose ₦2.31tn to Unused Electricity in 12 Years Amid Grid Constraints

Power generation companies (GenCos) in Nigeria have suffered losses amounting to ₦2.31 trillion over the past twelve years due to electricity that could...

Business

Lagos Targets 10,000 Electric Buses by 2030 in Major Green Transport Drive

The Lagos Metropolitan Area Transport Authority (LAMATA) has announced plans to introduce 10,000 electric buses across the state by the year 2030, as...

Business

Cross-Border Intelligence: How Culture and Emotion Drive Global Business Success

Globalisation may have blurred geographical boundaries, but it has not erased the human emotions and cultural nuances that influence trade. Behind every deal...

Business

No Fuel Queues This Christmas, Dangote Refinery Assures Nigerians

The Dangote Petroleum Refinery has assured Nigerians of a steady supply of petrol and diesel throughout the upcoming festive season, announcing that its...