Business

Shell Nigeria Exploration and Production Company Limited (SNEPCo) has begun a major maintenance shutdown on the Bonga Floating Production Storage and Offloading (FPSO) vessel as part of efforts to safeguard...

The Nigeria Governors’ Forum (NGF) has resolved to place sugar production at the centre of its strategy for driving industrial growth and economic diversification across the states. The decision signals...

The World Bank’s Managing Director of Operations, Anna Bjerde, is visiting Nigeria for a three-day mission focused on enhancing economic growth and employment opportunities. Beginning on February 1, 2026, her...

Nigeria generated an estimated ₦55.5 trillion from crude oil sales in 2025, based on an assessment of official crude production data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and...

Nigerian shipowners have renewed calls for stronger financial support, saying improved access to the Cabotage Vessel Financing Fund (CVFF) is critical to strengthening indigenous participation in the maritime sector and...

The rollout of Nigeria’s revised Personal Income Tax (PIT) framework has delivered only limited gains for many workers, with several employees describing the resulting increase in take-home pay as barely...

Economic analysts have warned that Nigeria’s improved growth outlook for 2026 could be undermined by delays in the passage of the federal budget and rising political activities ahead of the...

The Federal Government has proposed a N580m allocation for the procurement of airport cooling systems and software upgrades as part of its broader spending plan for the aviation sector in...

Nestlé Nigeria has reported a significant breakthrough in its sustainability journey, announcing that it has successfully achieved full plastic neutrality. This means the company now retrieves and manages an amount...

United States President Donald Trump has initiated a major legal battle against JPMorgan Chase & Co., the largest bank in the country, as well as its Chief Executive Officer, Jamie...