Business & Economy

Nigeria’s Federal High Court Announces 2025 Annual Vacation Starting July 28

Nigeria’s Federal High Court Announces 2025 Annual Vacation Starting July 28

The Federal High Court of Nigeria will begin its 2025 annual vacation on Monday, July 28, as confirmed by Chief… Read More

5 days ago

Nigeria’s Customs to Replace Multiple Import Levies with Single 4% FOB Charge

The Nigeria Customs Service (NCS) has announced the replacement of multiple import levies with a single 4% Free On Board… Read More

5 days ago

Oil Prices Dip Below $68 as US Tariff Threat, Tensions Rattle Markets

Crude prices fell below $68 a barrel on Monday, as global markets braced themselves for the economic fallout of imminent… Read More

5 days ago

Real Estate Sector Surpasses Oil & Gas in Nigeria’s Rebased GDP Rankings

Nigeria’s real estate sector has overtaken crude petroleum and natural gas as the country’s third-largest economic sector, according to the… Read More

5 days ago

Nigeria’s GDP Rebased to N372.8 Trillion in 2024

Nigeria’s economy is larger than previously recorded, according to newly released figures from the National Bureau of Statistics (NBS). Using… Read More

5 days ago

Nigeria’s GDP grew by 3.13% in Q1 2025, Boosted by Services and Industry Sector – NBS Report

Nigeria’s economy (GDP) grew by 3.13% year-on-year in real terms in the first quarter of 2025. This is according to… Read More

5 days ago

Zambia to Build $1.1billion Crude Oil Refinery, Energy Complex

The Zambian government has finalized plans to build a $1.1 billion crude oil refinery and energy complex in Ndola, the… Read More

5 days ago

Oando to Seek Shareholder Permission to Raise Additional N500m Capital at 46th AGM

Oando Plc is expected to seek shareholders' authorisation to raise additional capital of up to N500billion or its foreign currency equivalent… Read More

6 days ago

Nigeria’s Power Generation Hits 10,304.47GWh in Q1 2025 – NERC

Nigeria’s electricity generation rose to 10,304.47GWh in Q1 2025, marking a 10.92% increase from 9,289.95GWh in Q4 2024, according to… Read More

6 days ago

Naira Rate Converges at 1,535/$ in Both Official and Black Markets, Ahead of CBN’s MPC meeting

The naira on Friday traded at N1,535 to the dollar in both the official and parallel (black) markets, signaling a… Read More

1 week ago