Business and Economy

NCDMB holds Lagos Midstream Workshop, charges operators on compliance, new policies

The Nigerian Content Development and Monitoring Board (NCDMB) has enjoined operators in the midstream segment of the oil and gas…

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BUA Cement profit rises to N356bn in 2025

By Taiye Olayemi Lagos, Feb. 28, 2026 BUA Cement Plc recorded a profit after tax of N356.04 billion for the…

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FCCPC establishes case of price fixing by local airlines

* Interim report documents abuse during Christmas season * Probe of foreign airlines next Thursday, February 26, 2026 A review…

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Nestlé Nigeria rebounds with N105bn profit in 2025

By Taiye Olayemi Lagos, Feb. 26, 2026 Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to…

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Dangote Refinery to supply 65m litres of petrol daily

… Exports 20m litres surplus In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will…

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Banking sector recapitalisation on course – Cardoso 

ABUJA The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, stated that the banking sector recapitalisation programme…

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Fidelity Bank to empower women with sustainable entrepreneurship skills with HAP 2.0

Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the…

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Trump renews attack on U.S. Supreme Court, vows other tariffs, licenses

Washington, Feb. 23, 2026 President Donald Trump renewed his condemnation of the U.S. Supreme Court on Monday after it ruled…

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Mayor Baraka signs Order establishing Newark City’s list of worst non-compliant landlords

Mayor Ras J. Baraka of the City of Newark, New Jersey, United States of America (USA), has signed an executive…

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Zenith Bank disclaims fake investment video, misleading promotional materials circulating online

Zenith Bank Plc has released an official disclaimer warning the public about a doctored investment video and misleading promotional materials…

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 NCDMB to oil, gas upstream coys: Remittance of 1% content levy mandatory

By Shedrack Frank Yenagoa, Feb. 18, 2026 The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors, and…

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Professor Abraham Nwankwo, former DG, DMO, publishes new book on public debt in Nigeria

Professor Abraham Nwankwo, the immediate past Director General (DG) of the Debt Management Office (DMO) of Nigeria, and presently a…

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NDDC adopts new Standard Operating Procedures, Advisory Policies

The Niger Delta Development Commission, NDDC, says it has adopted a new Standard Operating Procedure, SOP, and the Governance Advisory…

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Tinubu, Elumelu discuss tax reforms, power, SMEs

By Muhyideen Jimoh Abuja, Dec. 13, 2026 President Bola Tinubu on Friday met with Mr. Tony Elumelu, Chairman, United Bank…

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NLNG seeks stable policies to attract energy investment

By Yunus Yusuf Lagos, Feb. 12, 2026 Nigeria LNG Ltd. (NLNG) says rebuilding investor confidence through a stable, low-risk operating…

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Afreximbank accelerates Bahamas infrastructure modernization with US$100-million facility to Bahamas Striping Group

Nassau, The Bahamas, 11 Feb. 2026  In a transformative boost to the Caribbean’s transport network, African Export-Import Bank (Afreximbank) has…

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CBN okays weekly FX sale of $150k to each BDC

ABUJA The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the…

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DMO gets 3rd consecutive NGX capital market excellence award

By Kadiri Abdulrahman Abuja, Feb. 8, 2026 The Debt Management Office (DMO) has once again been honoured at the 2025…

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