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Business

Business

President Tinubu Go Meet Power Companies Dem Over N4tn Debt Matter

Abuja, Nigeria — President Bola Tinubu go sit down with leaders of Nigeria’s power-generating companies as part of emergency effort wey go tackle the N4…

May 5, 2025 · Abullahi Ahmed
Business

Bank wahala dey grow as cost don rise for Nigeria

LAGOS, Nigeria — As Nigeria’s economy dey change with new government policy, banking sector dey face serious cost wahala. Early report wey don come from…

May 5, 2025 · Rachel Adams
Naira Dey Steady at N1,605: Why E Fit Dey Trade Below N1,000
Business

Naira Dey Steady at N1,605: Why E Fit Dey Trade Below N1,000

Lagos, Nigeria — As naira dey steady for N1,605 per dollar for first trading day of May 2025, economist Tilewa Adebajo don talk say e…

May 5, 2025 · Samuel Santos
Business

Adani Don Plan Big For Vizhinjam Port, Invest ₹13,000 Crore Show Say!

THIRUVANANTHAPURAM, Kerala — Adani Ports and Special Economic Zone (SEZ) don announce plans to expand Vizhinjam International Deepwater Seaport for second phase, with wahala investment…

May 3, 2025 · Rachel Adams
Business

NNPC Boss Fire Three Refinery MDs As Next Step To Save Oil Sector

Lagos, Nigeria — In a bold move to protect Nigeria’s refining sector from further decline, Mr. Bayo Ojulari, Group Chief Executive Officer of NNPC Ltd.,…

May 3, 2025 · Esther Olayemi
Business

Naira Don Fall Again as Dollar Dey Hammer Wetin Dey Happen

ABUJA, Nigeria — Di Naira don fall sharply against di dollar for official forex market on Friday, ending di week with bad news. Di Central…

May 3, 2025 · Rachel Adams
Business

Zenith Bank Shareholders Don Approve N5 Dividend, Joy Plenty!

Lagos, Nigeria — Shareholders of Zenith Bank Plc don approve final dividend of N4.00 per share during di company 34th Annual General Meeting wey dem…

May 1, 2025 · Rachel Adams
Business

California Don Go Major Economy, Dey Rank 4th for Globe!

Los Angeles, California — Governor Gavin Newsom don proclaim say California don become the fourth-largest economy for the world, trailing only the United States, China,…

May 1, 2025 · Rachel Adams
Business

UPS Fit to Slash 20,000 Jobs As Tariff Woes Bite Economy

ATLANTA, U.S. — United Parcel Service (UPS) don announce on Tuesday say dem go cut 20,000 jobs and close down 73 facilities. Dis na part…

May 1, 2025 · Chris Chigozie
Business

Paystack Don Receive ₦250M Fine For Zap App Misstep Wey Make CBN No Happy

LAGOS, Nigeria — Nigeria’s Central Bank don fine fintech company Paystack ₦250 million ($190,000) for operating its new consumer product, Zap by Paystack. This app,…

April 30, 2025 · Rachel Adams
Business

Bank SMS Alert Fees Don Rise! Na ₦4 to ₦6 from May 1

LAGOS, Nigeria — Guaranty Trust Bank (GTBank) don announce say dem go increase SMS transaction alert fee from ₦4 to ₦6 per message. This new…

April 30, 2025 · Rachel Adams
Business

NNPC Don Fire All Managing Directors for Serious Change

LAGOS, Nigeria — The fresh management of the Nigerian National Petroleum Company Limited (NNPCL) don sack the managing directors of three key refineries for serious…

April 30, 2025 · Rachel Adams
Business

CAC Don Warn Businesses: Register or Face Jail Time

LAGOS, Nigeria — The Corporate Affairs Commission (CAC) don declare say all unregistered businesses for Nigeria get six weeks to register or risk jail. For…

April 29, 2025 · Rachel Adams
Business

Crypto Bridge Exchange Boss Don Surrender to EFCC For Investigation

Abuja, Nigeria – Adefowora Abiodun, one of the suspected promoters of the cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), don surrender to the Economic and…

April 29, 2025 · Oyinkansola Aderonke
Business

NBC Dem Dismiss Settlement, Court Upheld N190m Fine for Misleading Coca-Cola Label

ABUJA, Nigeria — The Competition and Consumer Protection Tribunal (CCPT) don reject proposed settlement wey Nigerian Bottling Company (NBC) and Federal Competition and Consumer Protection…

April 29, 2025 · Rachel Adams
Business

Nalda Don Launch New Program We Go Help Poultry Farmers for Osun State

Oba-Oke, Osun State, Nigeria – National Agricultural Land Development Authority (NALDA) don launch the Renewed Hope Women and Youth Empowerment Programme wey go help poultry…

April 28, 2025 · Rachel Adams
Business

Naira Don Strong, But Wetin Dey Happen for FX Market?

LAGOS, Nigeria — Naira don gain ground against dollar on Friday, for different foreign exchange markets. Dis na happen as liquidity improve, as World Bank…

April 27, 2025 · Rachel Adams
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