Latest Business News

No final decision on $5bn oil-backed loan from Saudi Aramco — FG

  The Federal Government, yesterday, said no final decision has been taken…

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Oshiomhole accuses Air Peace of racketeering, denies disrupting flight operations

  Adams Oshiomhole, senator representing Edo north, has denied claims by Air…

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UK firm, Baillie Gifford, exits Jumia amid mounting losses

  British investment firm Baillie Gifford, once Jumia’s largest institutional backer, has…

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SEC directs companies to pay dividends older than 12 years

  The Securities and Exchange Commission (SEC) has issued a directive instructing…

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Aramco’s $5bn oil-backed loan to Nigeria delayed over crude price slump – Report

  Nigeria and Aramco, Saudi Arabian state-owned oil company, are facing difficulties…

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Lagos self-generated power exceeds national grid capacity – Report

  Off-grid and self-generated electricity in Lagos State has surpassed Nigeria’s entire…

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Dangote vows to shake downstream oil sector

  The President of the Dangote Group and founder of the Dangote…

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AU body tackles Fitch over Afreximbank downgrade

  The African Peer Review Mechanism, an instrument of the African Union…

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My companies paid N450bn in taxes in 2024 - Dangote tells Tinubu

  President of the Dangote Group, Aliko Dangote, recently informed President Bola…

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Nigerians cut spending on foreign travels by 30% – Report

  Against the backdrop of the spike in cost of living triggered…

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