Business

811 Articles
Business

Lagos Ports Receive Five Fuel Tankers Amid Ongoing Supply Challenges

Five tankers carrying petrol and diesel have docked at Apapa and Tincan Island seaports in Lagos, bringing fresh supplies of petroleum products amid...

Business

Nigeria Targets Major Gas Production Surge to Strengthen Energy Sector

Nigeria’s government has announced plans to significantly increase the country’s natural gas output as part of efforts to boost energy supply and support...

Business

Nigeria Loses N28tr Revenue Despite Global Oil Price Surge – Expert

Nigeria has reportedly lost an estimated N28.3 trillion in potential revenue due to low oil production, despite a surge in global crude oil...

Business

New Beverage Plant Sparks Economic Hope in Aba

Abia State Governor Alex Otti has inaugurated a modern beverage production facility in the Osisioma area of Aba, describing it as a major...

Business

Nigeria Faces Export Challenges as America Cuts Crude Purchases

The United States has drastically reduced its imports of Nigerian crude oil in January 2026, with volumes dropping by almost 50 percent compared...

Business

Bird Strike Grounds Aircraft, Disrupts United Nigeria Airlines Operations

A flight operated by United Nigeria Airlines experienced a major disruption after a bird strike affected one of its aircraft, leading to delays...

Business

NCC Orders Telcos to Refund Users with Airtime Over Network Failures

Nigeria’s telecom regulator has directed mobile network providers, including major operators like MTN Nigeria and Airtel Nigeria, to compensate customers affected by poor...

Business

CBN Launches Legal Challenge Against Union Bank Court Ruling

The Central Bank of Nigeria (CBN) has filed an appeal against a recent Federal High Court decision that nullified its takeover of Union...