For the 2021 financial year, Nigeria earned a total of $.38 billion from Shell in royalties, taxes and other payments despite challenges of oil theft and…
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All the latest business news in Nigeria
Zrosk Investment Administration, a local venture capital firm, sponsored a $11.4 million Series A round for ZirooPay, an agency banking startup based in Nigeria’s commercial city,…
The Nigerian Exchange Ltd. (NGX) closed on a strong note on Wednesday, with bargain hunting in Tier-1 banks such as Zenith Bank and Guaranty Trust Holding…
The Nigerian Exchange Ltd.’s All-Share Index fell 0.33 per cent in the first trading session of the week, finishing at 46,687.85 points. The 46,89.85 points reflect…
The Naira remained under pressure and fell across the foreign exchange (forex) markets as skepticism continued to fuel foreign inflows into the market. Official data and trading…
Verod Capital Management Limited is pleased to announce that it has completed the acquisition of a significant minority equity stake in Medplus Limited (“Medplus”). The investment…
A subsidiary of Italian oil company Eni, Nigerian Agip Oil Company (NAOC), has lifted the Force Majeure it declared on expected oil output following the resumption…
Nigerian banks’ credit to the private sector grew by 4.23 per cent MoM to N36.9 trillion last month from N35.4 trillion in January 2022, data from…
Nigeria’s Minister of State for Industry, Trade and Investment, Ambassador Mariam Yalwaji Katagum has expressed the country’s desire to benefit from the global halal market valued at…
President Muhammadu Buhari will on Monday commission the multi-billion dollars Dangote Fertiliser plant, located at Ibeju Lekki, Lagos, Nigeria. The $2.5 billion world-class fertiliser factory has…