Latest Business News

Dangote, marketers trim petrol prices as crude declines

  The Dangote Petroleum Refinery and other petroleum marketers have reduced the…

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Dangote targets $10 bn power investment, may cancel steel business

Aliko Dangote has disclosed plans to invest more than $10 billion in…

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US TV networks suspend Trump coverage after White House bans CNN, two others

ABC, CBS, Fox News, CNN and NBC have suspended their pooled television…

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Nigerian stock market valuation hits record high of N162.39tn

The Nigerian Exchange (NGX) market capitalisation rose to an all-time high on…

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CPPE says Nigeria’s retail trade faces growing foreign competition

The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns…

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CNG: October fare cut under threat as states battle queues, high conversion costs

The Federal Government’s plan to deliver cheaper transportation from October 1 is…

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Nigeria’s edible oil tanker drivers threaten strike from Monday

Nigeria’s edible oil tanker drivers have threatened to commence industrial action from…

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Elumelu’s $496m Seplat bet jumps to $1.35bn as shares hit record high

By Ayo Olesin Tony Elumelu’s strategic investment in Seplat Energy Plc has…

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FG begins six-week review of tax laws amid business concerns

The Federal Government has commenced a six-week review of the new tax…

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Don’t sell your house to buy Dangote shares, Emir Sanusi tells investors

  The Emir of Kano, Muhammadu Sanusi II, has warned prospective investors…

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