Saturday, 01 November, 2025

Category: Business


President Bola Tinubu has revealed what he discussed with French President Emmanuel Macron during their meeting on Wednesday. In a post on his official X handle, President Tinubu described the meeting as productive. He said the discussion focused on cooperation Read more…


The former group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, is reportedly being quizzed by the Economic and Financial Crimes Commission (EFCC) over financial misappropriation. The development was revealed by a source inside the Read more…


The Kremlin said on Monday that no sanctions would ever force Russia to change course in the Ukraine war, hours after the United States and the European Union indicated they were considering additional economic restrictions. The West has imposed tens Read more…


Former Nigerian President, Olusegun Obasanjo has renewed his longstanding call for the adoption of a single African currency, warning that the continent’s overreliance on the US dollar continues to weaken local economies and undermine Africa’s development agenda. Speaking during a Read more…


The Federal Government on Tuesday brokered peace between the management of Dangote Refinery and Petrochemical Limited and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), paving the way for workers of the refinery to unionise. The agreement was Read more…


The Speaker of the House of Representatives, Abbas Tajudeen, has warned that Nigeria’s rising debt profile has exceeded the country’s legal threshold and now poses a major threat to fiscal sustainability. Abbas spoke on Monday at the opening of the Read more…


Efforts by the federal government to broker peace between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Dangote Group ended in a stalemate on Monday night, leaving the nationwide strike by oil workers unresolved. The meeting, Read more…


Foreign businesses are welcome if they have not supported the Ukrainian army, spokesman Dmitry Peskov has said Western businesses are welcome to return to Russia if they have not supported the Ukrainian army and have met all obligations to their Read more…


The plan by the Bureau of Public Enterprises (BPE) to privatise or concession the nation’s three refineries located in Port Harcourt, Kaduna and Warri appears to have met with stiff resistance from different quarters, with many stakeholders describing it as ill-timed Read more…


Labour Party presidential candidate in the 2023 election, Peter Obi, has called out the federal government over the 5% tax on all fossil fuel sales as part of its new tax law that goes into effect in January 2026. Obi, Read more…


Pressure on Nigeria’s Tier-2 banks is intensifying as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline approaches. New research by SBM Intelligence warns that many may be swept up in a fresh wave of mergers and acquisitions. In Read more…


Former Aviation Minister, Senator Hadi Sirika, has dismissed widespread claims that the controversial ‘Nigeria Air’ project initiated under the Muhammadu Buhari administration was a scam, insisting that he was “very clean” from any misdeed. Sirika said this during an appearance Read more…