By Àkànní Olúwaségún Michael For many Nigerian households, staples such as onions, tomatoes, pepper, yam, maize and beans are becoming increasingly expensive, as food inflation rose...
By Àkànní Olúwaségún Michael Nigeria’s financial services, mining and manufacturing sectors remained the backbone of company income tax (CIT) revenue in the first quarter of 2026,...
By Àkànní Olúwaségún Michael Airtel Africa is moving closer to a potential public listing of its mobile money business, Airtel Money, after the fintech platform delivered...
By Àkànní Olúwaségún Michael Nigeria recorded a merchandise trade surplus of N7.55 trillion in the first quarter of 2026, a 340.88 per cent jump from the...
By Àkànní Olúwaségún Michael A bill seeking to overhaul Nigeria’s excise tax on sugar-sweetened beverages has drawn sharply opposing responses from business and public health stakeholders,...
Nigeria’s persistent electricity crisis is not the result of inadequate resources or a lack of policy frameworks, but a consequence of weak implementation, poor enforcement, and...
By Àkànní Olúwaségún Michael Foreign investment into Nigeria’s telecommunications sector dropped to a four-year low in the first quarter of 2026 despite a tariff increase approved...
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process...
By Àkànní Olúwaségún Michael NCR Nigeria Plc reported a 33.9 per cent increase in revenue for the first quarter of 2026, driven by strong growth in...
By Àkànní Olúwaségún Michael First HoldCo Plc has secured shareholder approval to raise up to N253.1 billion in fresh equity as the parent company of Nigeria’s...
Honeywell Flour Mills Plc’s decision to propose a N1.59 billion dividend for the 2026 financial year appears surprising at first glance. The company reported a 3.4...
By Àkànní Olúwaségún Michael Honeywell Flour Mills Plc has declared a dividend of N1.59 billion for the financial year ended March 31, 2026, following an improvement...
By Àkànní Olúwaségún Michael The naira appreciated by 13.5 per cent against the United States dollar over the past year, closing May 2026 at N1,372/$ in...
By Àkànní Olúwaségún Michael More than 70 per cent of Nigerian businesses own or share generators as companies increasingly rely on self-generated electricity to cope with...
Nigerian equities closed the shortened Eid-el-Kabir trading week on a positive note, with investors gaining N432 billion as renewed buying interest in blue-chip and mid-cap stocks...
The Centre for the Promotion of Private Enterprise (CPPE) has credited President Bola Tinubu’s administration with pulling Nigeria’s economy back from the brink of crisis over...
By Àkànní Olúwaségún Michael President Bola Tinubu on Friday commissioned four Compressed Natural Gas facilities across Lagos, Abuja and Owerri, in a move aimed at strengthening...
