Business
SPX6900 jumps nearly 10% as Upbit and Bithumb open Korean trading
SPX6900 rose as Upbit and Bithumb announced Korean market listings, while Bithumb also opened KRW trading for Spacecoin.
By Olivia Stephanie
Breaking
NEC Approves N83.2bn To Mitigate Impact Of Flooding, Climate-related Emergencies
NMA warns of wider health crisis as LASUTH doctors’ strike enters second day
Ekiti APC Guber Primary: Appeal Court Slams Aspirant with N6m Costs
Ex-INEC boss Yakubu arrives Doha as Nigeria’s new Ambassador
Kraken bets on Solana’s long tail while SOL extends losses
Lagos records lowest building collapse rate in 20 years
NEC Approves N83.2bn To Mitigate Impact Of Flooding, Climate-related Emergencies
NMA warns of wider health crisis as LASUTH doctors’ strike enters second day
Ekiti APC Guber Primary: Appeal Court Slams Aspirant with N6m Costs
Ex-INEC boss Yakubu arrives Doha as Nigeria’s new Ambassador
Kraken bets on Solana’s long tail while SOL extends losses
Lagos records lowest building collapse rate in 20 years
Business News
Latest updates in Business.
Business
MAN to FG: Suspend Proposed Ban on Single-use Plastics Below 80 Microns
• Urges govt to implement 2024 plastic circularity roadmap Dike Onwuamaeze The Manufacturers Association of Nigeria (MAN) has expressed concern over the proposed ...
By Adeyinka Salami
Business
Lagos Created 320,000 Jobs, Backed 20,000 Businesses with N15bn in One Year
Segun James The Lagos State Government has disclosed that it disbursed more than N15 billion to over 20,000 small and medium-scale businesses through the Lagos State Empl...
By Adeyinka Salami
Business
Inflation Rises Further to 15.93% Amid Food, Energy, Commodity Price Pressures
• Severe in Yobe, Anambra, Sokoto, others James Emejo in Abuja The Consumer Price Index (CPI), which measures the rate of change in prices of goods and commoditie...
By Adeyinka Salami
Business
Keep Pushing Harder Against Bandits, IGP Tells Police
The inspector-general of police (IGP), Olatunji Disu, has charged officers and men of the Katsina State Police Command to “keep pushing harder” in the fight a...
By Godwin Enna
Business
CBN orders banks, fintechs to disclose owners, store payment data in Nigeria
The apex bank said the new measure aims to promote transparency, reduce market concentration risks, and enhance the resilience of the country's payments ecosystem.
By Omotoyosi Idowu
Business
Ummarun Kwabo: The Businessman Known As ‘The Father Of Orphans’
Alhaji Ummarun Kwabo (MFR) is a respected businessman, philanthropist, and traditional titleholder, nicknamed by those who benefit from his philanthropy as the “Father ...
By Richard Abu
Business
Building Trust at Scale: PalmPay Joins Industry Leaders at Digital Pay Expo 2026
As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, an...
By akintayo eribake
Business
Dollar To Naira Exchange Rate Today, June 16th, 2026
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market...
By George Oshogwe Ogbolu
Business
Relief for Nigerians as Dangote Refinery Cuts Petrol Price by N75 to N1,175/Litre
Peter Uzoho Nigeria’s downstream petroleum market received a major boost yesterday as Dangote Petroleum Refinery announced a significant reduction in its petrol ex-gant...
By Adeyinka Salami
Business
What Nigeria’s Oil Industry Can Teach Corporate Nigeria About ESG
Obodo Ejiro For decades, if there was any sector in Nigeria where Environmental, Social and Governance (ESG) considerations mattered, it was the oil and gas industry.Long...
By Adeyinka Salami
Business
MTN Pitchathon Gives Aba Startups Chance to Shine
Aba, Abia State Young entrepreneurs in Aba received a major boost as MTN Nigeria brought its youth-focused Pitchathon to the commercial city, offering a total prize pool ...
By Ayo Yusuf
Business
Nvidia taps $20B debt market as AI boom reshapes Bitcoin mining
Nvidia has raised the stakes in the artificial intelligence infrastructure race with plans to borrow at least $20 billion from debt markets, a move that comes as Bitcoin ...
By Lawrence Mondal
Business
‘Falcon’s 32 Years Signals Stability, Growth in Energy Sector’
Falcon Corporation Limited has said it is marking over three decades of unbroken operations, using the milestone as a deliberate signal of where the company is headed and...
By Adeyinka Salami
Business
Nigeria’s Oil Industry: More Companies, Fewer Barrels
Nigeria has been celebrating a remarkable transformation in its oil and gas company register with the number of upstream operators rising from less than 10 in 2010 to 117...
By Adeyinka Salami
Business
Despite Output Rise, Nigeria Underproduces Crude Oil by 35.3m Barrels in 5 Months
Emmanuel Addeh in Abuja Nigeria produced about 35.3 million barrels less crude oil and condensate than projected in its 2026 budget between January and May, highlighting ...
By Adeyinka Salami
Business
Court Fines Indian Sailors, Vessel, $6m for Cocaine Trafficking
A Federal High Court in Lagos has convicted 11 Indian sailors and a merchant vessel, MV Aruna Hulya, over the importation of 31.5 kilograms of cocaine into Nigeria, order...
By Adeyinka Salami
Business
Jurisdiction of Appellate Court to Grant Ex-Parte Interim Orders
In the Supreme Court of Nigeria Holden at Abuja On Monday, the 1st day of June, 2025 Before Their Lordships Mohammed Lawal Garba Tijjani Abubakar Chioma Egondu Nwosu-Ihem...
By Adeyinka Salami
Business
Rite Foods Expands Sustainability Advocacy, Takes Climate Change Awareness to Lagos Students
Fadekemi Ajakaiye As part of activities commemorating this year’s World Environment Day, Rite Foods Limited has intensified its commitment to environmental sustainabili...
By Adeyinka Salami
Business
From Celebration to Ambition: Marketsquare Charts the Future
Having celebrated a decade of steady growth and expansion, Marketsquare is looking beyond its achievements to the opportunities that lie ahead. Founder and Chief Executiv...
By Adeyinka Salami
Business
Julius Berger Records Strong Growth Ahead 56th AGM
Bennett Oghifo Julius Berger Nigeria PLC has reported strong financial performance for the 2025 financial year, as the construction giant prepares to hold its 56th Annual...
By Adeyinka Salami
Business
BNLF Marks 25 Years, Sets Agenda for UK-Nigeria Ties
The British Nigeria Law Forum (BNLF) is set to celebrate its 25th anniversary with the Nigeria Summit 2026 in Lagos, bringing together legal practitioners, business leade...
By Adeyinka Salami
Business
Punuka Annual Lecture Highlights Financing, Value Creation in Nigeria’s Hospitality Sector
Stakeholders in Nigeria’s tourism and hospitality industry have called for increased investment, innovative financing models and stronger public-private partnerships to...
By Adeyinka Salami
Business
Alpha Mead Group Launches Graduate Trainee Programme to Bridge Nigeria’s Skills Gap
Bennett Oghifo In a strategic move aimed at addressing youth unemployment and strengthening Nigeria’s future workforce, Alpha Mead Group, one of Africa’s lead...
By Adeyinka Salami