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FCTA demolishes ‘Cashew Garden’ shanties in Apo to curb criminal activities

August 12, 2025

Oyebanji dissolves Executive Council, spares key commissioners and two Special Advisers in Ekiti

August 11, 2025

Police extend tinted glass permit enforcement to October 2

August 11, 2025

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Business News

Business and economic news from Nigeria and around the world.

MTN Nigeria’s stock falls as Investors react negatively to Pascal Dozie’s exit

July 26, 2019

@MTNNG shares fell a day after the telecommunication company announced that its Chairman, Pascal Dozie, his Vice and four Non-Executives...

Fidelity Bank Plc, Fidelity Bank financial report, Fidelity Bank Insider Trading Policy, Nigeria's Insider Trading Policy, NSE stcoks, Companies on Nigerian Stock Exchange NSE

Fidelity Bank temporarily bans its Directors and families from trading its shares

July 26, 2019

@fidelitybankplc has announced that its Executives, Directors, other employees, Family members and other persons related to the employees and the...

NSE records 18.18% decline in banks' market capitalisation, Best performing stocks on the NSE Year-to-date

NSE to enforce VAT on Stock Market transactions

The Nigerian Stock Exchange (NSE) to start enforcing Value-Added Tax (VAT) on transaction commissions, as 2014 exemption order expires.

Otedola again explores his philanthropic prowess, Nigerians are freaked out as Femi Otedola donates N5 billion to charity , Dangote’s multi billion-dollar refinery is 75% complete, Otedola says. , COVID-19: Otedola pledges N1 billion donation for Nigeria to combat disease

Billionaire Watch

Femi Otedola: Why I don’t wear wristwatch any more

Business magnate, @realFemiOtedola has explained why he doesn't wear wristwatch any more, but popular OAP, @DaddyFRZ disagreed with him.

N4.5 trillion non-performing loans: AMCON raises concerns over banks’ debt , Heads could roll as AMCON probes Power Ministry over N1.68 billion payment to UK firm , AMCON Urged to declare Public Officials on Debtor list bankrupt

AMCON sets to publish names of prominent Nigerians owing N5 trillion

by Bamidele Samuel Adesoji

AMCON is set to release a TV documentary of prominent Nigerians who make up N5 trillion debt, stating that these...

Zenith Bank GMD Ebenezer Onyeagwu, Central Bank of Nigeria, CBN's loan-to-deposit ratio policy, Nigerian Stock Exchange NSE stocks, Banks in Nigeria, Deposit Money Banks in Nigeria, Zenith Bank announces close period ahead of Q3 2019 results, Zenith Bank collaborates with fintechs, but insists it is not scared to compete with them, Zenith Bank Profit before Tax rises by 2.6% to N58.7 billion in Q1 2020

Zenith Bank’s CEO reacts to CBN’s Loan-to-deposit ratio policy

Three weeks after the Governor of @cenbank, Godwin Emefiele, directed all Deposit Money Banks (DMBs) to lend out a minimum...

capital importation, Business, tax incentive, Nigeria

Alert: Nigeria ranks 114th in 2019 Global Innovation Ranking

by Bamidele Samuel Adesoji

Africa's biggest economy, Nigeria, has been ranked 114th as one of the lowest in the 2019 global innovation ranking. This...

FGN Bonds record first undersubscription in 2 years, More borrowing expected as DMO’s Oniha explains President Buhari’s thirst for loan , DMO Takes advantage of MPR cut, issues a total of N103.81 billion, DMO offers N50 million worth of FGN savings bond for subscription.

FG’s Bond oversubscribed by 201%

The Federal Government's bond that was auctioned in July has been oversubscribed by 201%.

MTN Nigeria gets new Chairman as Pascal Dozie steps down

@MTNN has announced that its Board Chairman, Pascal Dozie, will be leaving his position alongside five other Non-Executive Directors. Dozie...

Mele Kyari, NNPC, NNPC spends estimated N33.60/litre on petrol subsidy, NNPC vows to be transparent, set to publish details of petroleum product supplies , OML 119: NNPC record 14 bids for development of oil well, This NNPC initiative aims to solve the problem of tanker explosions , Fluctuations of oil price threatening Nigerian content development — NNPC , Lagos pipeline leak contains water, not petrol- NNPC, NNPC gives condition for relocation of tank farms and depots from residential areas , NNPC to cultivate 2,675 hectares of cassava for Ethanol production, Key performance highlights of NNPC for 2019 FY

NNPC reveals why it won’t renew oil block licenses for IOCs