Business
W’Bank: FG Pays ₦658.9bn to 10.46m Poor Households
ABUJA, NIGERIA — The World Bank has confirmed the Federal Government’s disbursement of ₦658.9 billion in cash transfers to 10.46 million poor households in…
Business
Business
Fintiri Plans 10 Dangote Refinery Shares for 52,000 Adamawa Workers
Adamawa State Governor Ahmadu Umaru Fintiri has announced plans to purchase 10 shares in Dangote Refinery for each of the state’s 52,000 serving…
Business
Nigeria, Indonesia Sign Defence Deal, Target $6bn Trade
ABUJA, NIGERIA — Nigeria and Indonesia have signed a defence agreement. The deal focuses on the local production of military equipment. Both countries aim…
Business
AfDB Commits $750,000 to Support Nigerian Women Entrepreneurs
ABUJA, NIGERIA — The African Development Bank has committed $750,000 in grants to support women-led businesses across Nigeria. The funding is under a three-year…
Business
One Year After, New Outlets Take Over Shoprite Stores
One year after Shoprite’s exit from several Nigerian locations, new retail outlets are gradually taking over some of its former stores, signalling changes in…
Business
Bello’s Govt Linked to ₦1.425bn FX Deals
A Bureau de Change operator has told the Federal Capital Territory High Court in Abuja that he handled foreign exchange transactions worth ₦1.425 billion…
Business
The Family Business Paradox: Letting Go Without Losing the Vision
One of the biggest challenges in a family business is knowing when to let go. Building a business that can survive across generations requires…
Business
Energy Security Must Come Before Digital Inclusion, Okwuosa Says
Energy security must be prioritised if Nigeria and other African countries are to achieve meaningful digital inclusion, Okwuosa has said, highlighting the importance of…
Business
Nestlé, Nigerian Breweries Lead Peers in Asset Sales Efficiency
Nestlé Nigeria and Nigerian Breweries are generating more sales from their assets than their industry peers, highlighting their ability to use business resources to…
Business
$3.5bn Petrochemical Deal Signed in Port Harcourt for Bonny Project
A $3.5 billion deal has been signed in Port Harcourt for a proposed petrochemical company in Bonny, Rivers State, signalling a major investment opportunity…
