Business

Stanbic IBTC Pension Managers has been crowned Best Pension Fund Administrator (PFA) Nigeria 2025 at the prestigious Global Banking & Finance Awards, reinforcing its leadership in the Nigerian pension industry and its commitment to safeguarding the financial future of...

The Oyo State Government, through the Ministry of Investment, Trade, Cooperatives and Industry, has showcased a diverse collection of indigenous goods and products at the Nigeria International Trade Fair (NITF) 2025, held at the Lagos International Fair Complex, Badagry. Leading...

TotalEnergies has signed new agreements with its long-standing partner, Conoil Protaining Limited, under which Conoil will acquire TotalEnergies' 40 percent interest in the OML136 block, while TotalEnergies will acquire a 50 percent operated interest in Conoil's OPL257 block. Both OML136...

Running a small or medium enterprise (SME) in Nigeria comes with many challenges, from managing daily operations to navigating a complex business environment. Among these responsibilities, tax and payroll compliance stand out as two of the most critical and...

Investor activity on the Nigerian Exchange Limited (NGX) surged to a record N9.57 trillion between January and October 2025, more than double the N4.47 trillion traded in the same period last year, underscoring renewed market confidence and increased domestic...

Nigeria spent a total of $2.3 billion servicing external debt in the first half of 2025, an amount almost equal to the $2.25 billion the country recently raised through a 10-year Eurobond issue. The figures underlined the growing pressure that...

The Kogi State Government has set up a seven-person committee to strengthen domestic revenue generation in the state. The State Commissioner for Commerce and Industry, Hon. Muhammed Muktar Shuaibu, during his meeting with stakeholders, explained that government expects every revenue...

Aliko Dangote, Chairman and CEO of Dangote Industries Limited (DIL), has signed an agreement with Zimbabwean President Emmerson Mnangagwa for new investments of $1 billion in the country. President Mnangagwa announced the development in a post on his X account...

Seplat Energy Plc has said Nigeria must aim for an energy regime that is affordable, reliable and accessible to all in its quest for a prosperous nation. Speaking at the opening ceremony of the 43rd Annual International Conference and Exhibition...

Rising inflation and shrinking consumer spending are taking a heavy toll on Nigeria's banking sector, forcing financial institutions to re-evaluate the sustainability of maintaining a large base of small depositors. With management costs rising, analysts say it is increasingly inefficient...