Search Results | Global Fresh News

Wahab Shittu Says ‘Unexplained Wealth’ Is Hindering Nigeria’s Progress

Senior Advocate of Nigeria Wahab Shittu says Nigeria’s abundant human and natural resources have not...

Business | Tue Sep 29 2026

FG Approves Upgrade of Onne, Rivers, Delta and Calabar Ports

The Federal Government says the expansion of its port modernisation programme beyond Lagos will impr...

Business | Mon Sep 28 2026

Trump Considers Allowing Chinese Automakers to Build EVs in US

Trump Signals Openness to Chinese Car Production President Donald Trump has indicated that he wou...

Business | Fri Sep 25 2026

Nigeria, U.S. Sign Agreement to Deepen American Investment in $700bn Mineral Resources

Nigeria and U.S. sign framework for mining investment Nigeria and the United States have signed a...

Business | Thu Sep 24 2026

Many Nigerians Still Lack Reliable Electricity, Power Minister Tegbe Admits

Power Minister Acknowledges Continuing Electricity Challenges Nigeria's Minister of Power, Joseph...

Business | Wed Sep 23 2026

Ruto, Dangote Advance $17bn East Africa Refinery Deal in New York

Kenyan President William Ruto has held talks with Aliko Dangote and Africa Finance Corporation CEO S...

Business | Wed Sep 23 2026

Dangote Plans Over $10 Billion Power Investment, May Abandon Steel Business

Aliko Dangote says the Dangote Group could redirect funds from planned ventures, including steel, in...

Business | Tue Sep 22 2026

Coinbase Launches IPO Access for U.S. Retail Investors

Coinbase Opens IPO Market to U.S. Retail Customers Coinbase has launched a new service allowing e...

Business | Tue Sep 22 2026

Dangote Targets 10 Million Shareholders Across Africa Through Refinery IPO

Dangote Says Refinery IPO Is About Broadening Ownership Billionaire industrialist Aliko Dangote h...

Business | Tue Sep 22 2026

Sadio Mané Invests $19.5 Million in Agro Project to Create Over 1,000 Jobs

Senegalese football star Sadio Mané has launched SM10 Agro, a major agricultural and processing proj...

Business | Mon Sep 21 2026

J.P. Morgan Includes Nigeria in New Bond Index With 7.4% Weight

J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge...

Business | Tue Sep 15 2026

President Tinubu: Nigeria Is Open for Business, Working to Make Environment More Supportive

President Bola Ahmed Tinubu has assured local and international investors that Nigeria remains open ...

Business | Tue Sep 15 2026

Air Peace, United Nigeria Record Highest Number of Flight Delays in August — NCAA

Nigeria’s domestic aviation sector recorded widespread flight disruptions in August 2026, with 4,765...

Business | Mon Sep 14 2026

Dangote Refinery Opens ₦2.15 Trillion IPO to Public Investors

The Dangote Petroleum Refinery and Petrochemicals FZE has officially opened its Initial Public Offer...

Business | Mon Sep 14 2026

Nigerian Banks Shut 476 Branches in Three Years (3years)— CBN

Nigeria’s banking industry has reduced its physical footprint by 476 branches and cash centres betwe...

Business | Mon Sep 14 2026

Nigeria’s Oil Output Rises to 1.68m bpd, Meets OPEC Quota for Fourth Straight Month

Nigeria’s crude oil and condensate production rose marginally in August 2026, reaching about 1.68 mi...

Business | Mon Sep 14 2026

Petrol Price Rises to N1,430 Per Litre in Abuja as Dangote Raises Price

Petrol prices have climbed to N1,430 per litre at some filling stations in Abuja following Dangote R...

Business | Sun Sep 13 2026

Saudia to Launch Direct Abuja–Jeddah Flights From December

Saudi Arabia's national airline, Saudia, is set to commence direct flights between Nnamdi Azikiwe In...

Business | Sat Sep 12 2026

Nigeria Spends N952bn on Fuel Imports in Q2 2026

Nigeria spent N952.15 billion on imported petrol in the second quarter of 2026, even as domestic ref...

Business | Tue Sep 08 2026

Uber Shuts Down Nigeria Operations After 12 Years Amid Economic Crisis

Global ride-hailing pioneer Uber Technologies has officially ended its operations in Nigeria after 1...

Business | Thu Sep 03 2026

Dangote Raises Petrol Price To N1,200 Per Litre At Refinery Gate

The 650,000-barrel-per-day Dangote Petroleum Refinery and Petrochemicals facility has officially adj...

Business | Wed Aug 26 2026

Dangote and Rabiu Wealth Jumps $9.53 Billion In 2026 On NGX Rally

Nigeria’s premier business magnates, Aliko Dangote and Abdulsamad Rabiu, have expanded their collect...

Business | Thu Aug 20 2026

India-Nigeria Trade Hits $9 Billion as Manufacturing Grows

Bilateral trade between Nigeria and India surged to approximately $9 billion during the 2025/2026 fi...

Business | Wed Aug 12 2026

Nigeria Approves Deep Offshore Tax Incentives to Unlock $50B

ABUJA — In a decisive move to revitalize West Africa’s primary energy sector, the Nigerian National ...

Business | Wed Aug 12 2026

Oil Companies Reject 3% South-South Levy, Cite Multiple Taxation

ABUJA — A major legislative standoff that highlights the delicate balance between regional economic ...

Business | Sun Aug 02 2026

Queen Splash: From Street Hawking To Multi-Million Baking Empire

ONITSHA — An era where economic challenges across West Africa are driving young people to seek alter...

Business | Thu Jul 30 2026

Emirates Now Accepts Crypto Payments for Flight Bookings

DUBAI — Emirates, the largest airline in the United Arab Emirates and the premier long-haul carrier ...

Business | Thu Jul 30 2026

Guinness Nigeria Revenue Hits ₦142.27B, Declares ₦7 Dividend

LAGOS — Guinness Nigeria Plc, one of the nation's leading total beverage companies and a key player ...

Business | Tue Jul 28 2026

Tantalizers Returns to Profit as Restructuring Drives N73M Gain

LAGOS, NIGERIA — Shareholders of Tantalizers Plc, one of Nigeria’s most iconic and longest-standing ...

Business | Tue Jul 21 2026

ECOWAS Signs $25B Nigeria-Morocco Gas Pipeline Deal

The Economic Community of West African States (ECOWAS) has officially signed the Intergovernmental A...

Business | Tue Jul 21 2026

Apple Music Global Price Hike: What It Means For Nigeria

Apple Inc. has officially announced a sweeping price adjustment for its music streaming platform, Ap...

Business | Sun Jul 19 2026

UK Nationalizes British Steel, China Condemns Move

LONDON, UNITED KINGDOM — A major diplomatic dispute has erupted between London and Beijing following...

Business | Sat Jul 18 2026

Femi Otedola's First HoldCo Stake Hits $530 Million

LAGOS, NIGERIA — In a major development within West Africa’s financial sector, Nigerian billionaire ...

Business | Sat Jul 18 2026

Nigeria’s Foreign Reserves Hit 17 Year High of $51.86 Billion

LAGOS, NIGERIA — Nigeria’s gross external reserves have surged to $51.86 billion, marking their high...

Business | Fri Jul 17 2026

Tinubu Ends Raw Cocoa Exports With New Value-Addition Blueprint

ABUJA, NIGERIA — President Bola Ahmed Tinubu has declared a definitive end to the unrefined exportat...

Business | Thu Jul 16 2026

Canal+ Finalizes $3B MultiChoice Takeover: New Era

JOHANNESBURG, South Africa — The landscape of African broadcasting has undergone a permanent transfo...

Business | Tue Jul 14 2026

Dangote Refinery Switches To Dollar Fuel Sales From Naira

LAGOS, Nigeria — The Dangote Petroleum Refinery has officially transitioned its commercial sales mod...

Business | Tue Jul 14 2026

Lokpobiri Orders PMS Price Cut: Marketers Must Reduce Now

ABUJA — The landscape of Nigeria’s downstream petroleum sector is currently defined by a significant...

Business | Mon Jun 29 2026

Gombe State Flags Off 2026 Wet Season Agricultural Support

GOMBE — The Gombe State Government has officially launched its 2026 wet season agricultural support ...

Business | Wed Jun 24 2026

NNPCL Reduces Petrol Pump Prices in Lagos and Abuja

ABUJA / LAGOS — The Nigerian downstream petroleum sector is currently navigating a period of signifi...

Business | Wed Jun 24 2026

OPEC: Nigeria and Africa Need $92bn in Refining Investments Through 2050

ABUJA — The Organisation of Petroleum Exporting Countries (OPEC) has issued a landmark projection, a...

Business | Mon Jun 22 2026

SpaceX Stock Pullback: Retail Investors Face Breaking Point

NEW YORK — The global financial markets were electrified on June 12, 2026, when SpaceX, the aerospac...

Business | Thu Jun 18 2026

SpaceX Prepares Potential $20 Billion Bond Offering for AI Expansion

NEW YORK — Barely weeks after its historic debut on the Nasdaq, SpaceX is already making aggressive ...

Business | Thu Jun 18 2026

Femi Otedola Strengthens Majority Stake in First HoldCo via Private Placement

LAGOS — FBN Holdings Plc (FirstHoldCo), the parent company of Nigeria’s oldest commercial lender, Fi...

Business | Thu Jun 18 2026

Dangote Group Reportedly Offers Automatic Employment to 30 FUTO Students

OWERRI — In a move that signals a transformative shift in the relationship between Nigeria’s corpora...

Business | Thu Jun 18 2026

Nigeria Spends ₦20.4 Billion on Importation of Umbrellas, Footwear, and Related Goods

ABUJA — Despite concerted governmental efforts to stimulate domestic manufacturing and reduce relian...

Business | Wed Jun 17 2026

Nigeria Spends ₦23 Billion on Palm Oil Imports Amid Persistent Supply Gaps

ABUJA — Nigeria, once a dominant force in the global oil palm market, currently finds itself in the ...

Business | Wed Jun 17 2026

NCC and KPMG Initiate Comprehensive Review of Nigeria’s Telecom Pricing Framework

The Nigerian Communications Commission (NCC) has officially partnered with consultancy firm KPMG to ...

Business | Tue Jun 16 2026

World Bank List Apapa and Tin Can Among World’s Most Improved Ports

LAGOS — A landmark achievement for Nigeria’s maritime industry, the World Bank’s 2025 Container Port...

Business | Tue Jun 16 2026

Elon Musk Becomes World’s First Trillionaire Following Historic SpaceX IPO

NEW YORK — In a landmark moment for global markets and personal wealth, Elon Musk has officially bec...

Business | Fri Jun 12 2026

Standard Bank Reaffirms Strategic Support for Dangote Industries

LAGOS — Standard Bank Group, Africa’s largest financial institution, has underscored its long-standi...

Business | Thu Jun 11 2026

U.S. Pentagon Expands "Chinese Military Companies" Blacklist

WASHINGTON — In a significant escalation of tech and trade tensions, the U.S. Department of Defense ...

Business | Thu Jun 11 2026

Nigeria’s Trade Surplus Soars 341% to ₦7.55 Trillion in Q1 2026

ABUJA — Nigeria’s external sector has undergone a massive structural shift, with the country recordi...

Business | Tue Jun 09 2026

Aliko Dangote’s Net Worth Soars to $37 Billion Amidst Landmark Industrial Expansion

LAGOS — Aliko Dangote, the continent's wealthiest individual, has reached a historic milestone ...

Business | Tue Jun 09 2026

Federal Government Moves to Deregulate Airtime Credit Market, Ending 12-Year Monopoly

ABUJA — The Federal Government has initiated a major overhaul of Nigeria's airtime credit and data a...

Business | Mon Jun 08 2026

Dangote Refinery Hits 700,000 bpd Capacity, Eyes Global Refining Dominance

LAGOS — The Dangote Petroleum Refinery and Petrochemicals has officially redefined the benchmarks of...

Business | Mon Jun 08 2026

CBN Unveils Strict Foreign Exchange Manual, Slaps Banks with ₦100 Million Penalty for Compliance Failures

ABUJA — The Central Bank of Nigeria (CBN) has introduced a stringent regulatory framework for the na...

Business | Mon Jun 08 2026

Yobe State Government Slashes Tractor Hiring Fees by 50% to Boost Food Security

DAMATURU — In a major move to empower small-scale farmers and enhance agricultural output, the Yobe ...

Business | Thu Jun 04 2026

Dangote Refinery Positions as Global Jet Fuel Supplier Amid Surplus

LONDON — The Dangote Petroleum Refinery is leveraging its significant aviation fuel surplus to estab...

Business | Thu Jun 04 2026

Nigeria Partners with China Industrial Bank to Boost Rural Connectivity

ABUJA — The Federal Government has secured a major boost for its digital infrastructure agenda as th...

Business | Wed Jun 03 2026

Bank of America Appoints Adam Dixon as Global Head of Digital Asset Transformation

LONDON — Bank of America (BofA) has appointed senior trading executive Adam Dixon as its new Global ...

Business | Wed Jun 03 2026

Nigeria’s Economic Crisis: Fuel Prices Surge 463% in Three Years Since Tinubu Regime

ABUJA — Nigeria’s retail fuel prices have experienced an unprecedented rise, reaching a minimum of ₦...

Business | Tue Jun 02 2026

CBN Unveils "Payments System Vision 2028": A Blueprint for Financial Inclusion

ABUJA — Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, officially unveiled the Payments Sy...

Business | Tue Jun 02 2026

Governor Adeleke Champions Economic Diversification and Youth Entrepreneurship in Osun State

OSOGBO — The Osun State Government, under the leadership of Governor Ademola Adeleke, has reaffirmed...

Business | Tue Jun 02 2026

Dr. Adaora Umeoji: Two Years of Transformative Leadership at Zenith Bank

LAGOS — June 1, 2026, marks the two-year anniversary of Dr. Adaora Umeoji’s tenure as the Group Mana...

Business | Mon Jun 01 2026

Nigeria-UAE Economic Ties Deepen: Bank Entry and Flight Expansion

ABUJA — Economic and diplomatic relations between Nigeria and the United Arab Emirates (UAE) have re...

Business | Mon Jun 01 2026

Nigeria-UAE Economic Ties Strengthen as First Abu Dhabi Bank Announces Lagos Entry

ABUJA — Nigeria and the United Arab Emirates (UAE) are entering a new phase of economic and diplomat...

Business | Mon Jun 01 2026

CBN Reports External Reserves Near $50 Billion Mark Amid Naira Stability

ABUJA — Nigeria’s external reserves have continued a steady upward trajectory, climbing to $49.34 bi...

Business | Mon Jun 01 2026

NLC Rejects ₦100,000 Minimum Wage Proposal, Demands ₦1 Million for Nigerian Workers

ABUJA — The Nigeria Labour Congress (NLC) has officially dismissed the ₦100,000 national minimum wag...

Business | Mon Jun 01 2026

Dangote Refinery Reduces Ex-Depot Fuel Prices

LAGOS — The Dangote Petroleum Refinery has announced a further reduction in the ex-depot prices of P...

Business | Mon Jun 01 2026

Keyamo Appointed "African Champion" for $7 Billion Aviation Transformation Programme

BRAZZAVILLE — Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has been appo...

Business | Sun May 31 2026

Sallah Preparations Strained as Food and Livestock Prices Surge

LAGOS — As Muslim families across Nigeria finalize preparations for the upcoming Eid-el-Kabir ...

Business | Tue May 26 2026

Banks, Fintechs Flagged Over 82,000 Suspicious Transactions in 2024

ABUJA — Nigerian financial institutions and other reporting entities flagged 82,143 suspicious...

Business | Tue May 26 2026

Nigeria’s Ginger Exports Collapse to Zero as Fungal Blight and Soaring Costs Wipe Out ₦26.2 Billion Market

ABUJA — In a severe blow to Nigeria’s aggressive non-oil export ambitions, the country&r...

Business | Tue May 26 2026

Femi Otedola Pledges $100 Million Investment in Dangote Refinery Ahead of Historic Market Listing

LAGOS — Billionaire businessman Femi Otedola has announced a massive $100 million personal inv...

Business | Mon May 25 2026

US House Overwhelmingly Passes Landmark Bill Banning Corporate Landlords from Buying Single-Family Homes

WASHINGTON — In a rare and sweeping display of bipartisanship, the United States House of Repr...

Business | Mon May 25 2026

Dangote Refinery Draws $2 Billion Private Investor Bids Ahead of September Market Debut

LAGOS — The highly anticipated public listing of the Dangote Petroleum Refinery has clear...

Business | Mon May 25 2026

CBN Holds Benchmark Interest Rate at 26.5% to Combat Sticky Inflation

The Central Bank of Nigeria (CBN) has opted to keep its benchmark interest rate steady to better ass...

Business | Mon May 25 2026

Aviation Relief: Dangote Petroleum Refinery Crashes Jet Fuel Price to ₦1,650 Per Litre Amid Domestic Airline Crisis

LAGOS — In a major intervention designed to rescue Nigeria’s struggling aviation sector from collaps...

Business | Mon May 25 2026

Shareholder Value: NEM Insurance Plc Approves ₦7.52 Billion Dividend Following Strong Revenue Growth and Portolio Expansion Strategy

LAGOS — Underscoring its commitment to delivering sustainable investor returns despite deep-se...

Business | Fri May 22 2026