Business
BPP Warns MDAs Against Unregistered Vehicle Suppliers
ABUJA, Nigeria — The Bureau of Public Procurement (BPP) has warned ministries, departments and agencies (MDAs) that procuring vehicles from suppliers, manufacturers or importers…
Business
Business
Nigeria Solar Panel Imports: FG Rejects Immediate Ban
ABUJA, Nigeria — The Federal Government has rejected an immediate ban on solar panel imports, citing concerns that restricting foreign supplies before local manufacturers…
Business
NNPC Extends ₦66 Petrol Discount Until October 31
ABUJA — The Nigerian National Petroleum Company Limited (NNPC Ltd) has extended its ₦66-per-litre petrol discount at NNPC Retail filling stations until October 31,…
Business
JUST IN: Moove exits Nigeria after six years of operations
Moove, the global mobility company founded in Lagos, has announced plans to shut down its operations in Nigeria and transfer eligible vehicles worth about…
Business
AI Chip Boom Pushes Samsung Profits to Record $80 Billion
Samsung Electronics is on track to record its strongest quarterly profit ever as the global artificial intelligence boom drives unprecedented demand for memory chips…
Business
Lululemon Poaches Athleta CEO as New Chief Product Officer
Lululemon has appointed Maggie Gauger, the former chief executive officer of Athleta, as its new President and Chief Product Officer as the sportswear company…
Business
Businesses Risk Overpaying Tax as New Rules Expose Outdated Practices
Businesses in Nigeria risk paying more tax than required as companies adjust their accounting, classification and compliance systems to the country’s new tax regime,…
Business
Five Nigerian Banks Rise in Africa’s Top 100 Ranking After Recapitalisation
Five Nigerian banks have strengthened their positions in the 2026 Africa Top 100 Banks ranking, reflecting the impact of the country’s banking recapitalisation programme…
Business
Dangote Refinery IPO Could Trigger a New Wave of Listings; NGX CEO
The planned initial public offering (IPO) of Dangote Refinery could encourage more large Nigerian companies to consider listing on the Nigerian Exchange (NGX), according…
Business
Netflix’s Growth Problem Is Getting Harder to Ignore
Netflix is still one of the world’s biggest streaming companies, but its co-CEO Ted Sarandos says the entertainment giant has a problem that needs…
