Business
Nigeria Records $2.14bn Trade Surplus as Exports to US Fall 28%
Nigeria has recorded a $2.14 billion trade surplus with the United States despite a 28 per cent decline in exports to the world’s largest…
Business
Business
Nigeria Loses $10bn Annually to Post-Harvest Waste
Nigeria loses an estimated $10 billion every year to post-harvest losses, highlighting the economic cost of inadequate storage facilities, weak transportation networks and limited…
Business
Safaricom Dismisses 118 Staff in Fraud Crackdown
Safaricom, Kenya’s leading telecommunications operator, dismissed 118 employees over fraud-related offences in the financial year ended March 2026, as the company intensifies efforts to…
Business
Dangote’s Fortune Hits $53.2bn as Cement Valuation Crosses ₦20trn for First Time
Aliko Dangote’s fortune has risen to an estimated $53.2 billion as Dangote Cement’s market capitalisation crossed ₦20 trillion for the first time, marking a…
Business
JUST IN: TUC Rejects FG’s ₦70,000 Allowance, Demands ₦300,000 Salary
ABUJA, NIGERIA — The Trade Union Congress of Nigeria has rejected the Federal Government’s proposed ₦70,000 transport allowance for workers. The union insists that…
Business
Oil Prices Drop on US-Iran Peace Hopes
LONDON, ENGLAND — Oil prices fell on Monday as hopes of easing US-Iran tensions eased supply concerns. Brent crude dropped 1.7% to $114.70 per…
Business
FG Revises Gas Code to Attract Investors
The Federal Government has introduced a revised Nigerian Gas Transportation Network Code in a move aimed at improving pipeline access, attracting investment and strengthening…
Business
Pension Funds Return 20% in September, Says PenCom
Nigeria’s pension industry continues to record positive investment returns, with pension fund administrators reporting varying performance across retirement savings fund categories. The National Pension…
Business
Jaiz Bank Commits ₦100bn to Trade, Seeks Export Growth
Jaiz Bank Plc has highlighted its commitment to trade financing and export development as it seeks to expand support for Nigerian businesses and strengthen…
Business
Elon Musk’s Starlink Cuts Off South African Users
Elon Musk’s Starlink has begun restricting some users in South Africa as a licensing dispute continues to delay the company’s official entry into the…
