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Business · Vanguard ·Photos: NNPC OB3 gas pipeline crosses River Niger
The Nigerian National Petroleum Company Limited has achieved a significant milestone in the construction of the Obiafu-Obrikom-Oben gas pipeline. Recent developments confirm the infrastructure has successfully crossed the River Niger, marking a critical step in completing the project designed to enhance domestic gas distribution and energy security across Nigeria.
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Business · The Punch ·Akwa Ibom gov unveils farming equipment leasing facility
The Akwa Ibom State Governor has launched a specialized facility for leasing farming equipment to local practitioners. This initiative is designed to mechanize the agricultural sector and improve food security by offering farmers access to modern machinery, supporting the state's broader objectives for economic growth and agricultural advancement.
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Business · Nairametrics ·Universal Music Group records $3.39 billion revenue in Q1 2026
Universal Music Group generated $3.39 billion in revenue during the first quarter of 2026. The financial results indicate the company's performance trends within the global entertainment market. This report follows the release of the organization's quarterly earnings, highlighting its significant financial standing and operational scale during the period.
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Business · Channels TV ·
Seplat Energy Grows 2026 Q1 Revenue To $840.7m, Gross Profit Hits $370.5m
Seplat Energy recorded a revenue of 840.7 million dollars for the first quarter of 2026. The company’s financial results also show a gross profit of 370.5 million dollars for the same period. This performance marks a period of growth for the energy firm as it continues its operations within the Nigerian oil and gas sector.
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Business · Leadership News ·
Seplat Energy’s PAT Rises by 62.7% to $37.9m In Q1
Seplat Energy recorded a 62.7 percent growth in its profit after tax for the first quarter, reaching a total of 37.9 million dollars. This financial performance reflects a significant increase in the company's profitability compared to the previous period, marking a strong start to the fiscal year for the energy provider.
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Business · Leadership News ·
Akwa Ibom Establishes Agric Equipment Firm for Mechanised Farming
The Akwa Ibom State government has established an agricultural equipment firm to facilitate mechanized farming across the state. This initiative aims to modernize the local farming sector by providing specialized machinery to farmers, with the goal of increasing food production and enhancing overall economic growth within the region.
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Business · BusinessDay ·Seplat Energy’s Q1 profit rises by 62.7% to $37.9m
Seplat Energy reported a significant increase in its first-quarter financial performance, with profit rising by 62.7 percent to reach 37.9 million dollars. This growth reflects the company's operational results and market position within the Nigerian energy sector during the first three months of the fiscal year.
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Business · Daily Post ·NNPCL finally completes OB3 gas pipeline River Niger crossing after 10 years
The Nigerian National Petroleum Company Limited has concluded the River Niger crossing for the Obiafu-Obrikom-Oben gas pipeline project. This achievement marks the completion of a critical segment of the infrastructure after ten years of development, aimed at enhancing domestic gas supply and distribution across the country's energy network.
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Business · PM News ·
Trader in court over alleged N14m rice deal fraud
A trader has appeared before a court to face charges involving an alleged N14 million fraud related to a rice supply transaction. The legal proceedings follow accusations that the individual misappropriated funds intended for the purchase of the commodity, leading to the current judicial intervention.
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Business · PM News ·
NNPC Limited completes crossing of OB3 Gas Pipeline over River Niger
NNPC Limited has successfully completed the river crossing section of the Obiafu-Obrikom-Oben (OB3) gas pipeline over the River Niger. This infrastructure project represents a key development in Nigeria's gas distribution network, designed to link gas fields in the east to industrial hubs and power plants in the western part of the country.
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Business · BusinessDay ·Zacch Adedeji sets clear vision for smarter revenue, stronger institutions in Nigeria
Zacch Adedeji has outlined a strategic plan aimed at enhancing revenue generation and strengthening institutional frameworks within Nigeria. The initiative focuses on implementing smarter fiscal policies and improving the efficiency of government agencies to ensure sustainable economic growth and better resource management across the federation.
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Business · BusinessDay ·Ethiopian Airlines converts options of 6 Boeing 787 Dreamliner airplanes into firm orders
Ethiopian Airlines has officially converted its options for six Boeing 787 Dreamliner aircraft into firm orders. This decision marks a significant expansion of the carrier's wide-body fleet as it strengthens its long-haul operations. The move reflects the airline's commitment to modernizing its service offerings and increasing capacity across its global network.
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Business · Vanguard ·Court rejects FCCPC’s fresh bid to stop airtime lending
A Nigerian court has dismissed a new application by the Federal Competition and Consumer Protection Commission seeking to halt airtime lending services. The ruling prevents the commission from enforcing a stop-order on the practice, which allows telecommunications subscribers to borrow credit for calls and data services while awaiting repayment upon their next recharge.
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Business · Channels TV ·Tax: NRS Launches Rev360 In Fresh Move On Collection Enhancement
The Nasarawa State Internal Revenue Service has introduced a new platform called Rev360 to improve tax collection efficiency across the state. This initiative aims to streamline processes and enhance revenue generation through digital innovation, ensuring a more effective and transparent system for managing government taxes and fees within the region.
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Business · The Punch ·
Kano court halts smart meter bidding process
A high court in Kano State has ordered the suspension of the bidding process for the procurement of smart electricity meters. The judicial ruling halts all activities related to the selection of vendors for the project pending further legal review. This decision affects the planned rollout of metering infrastructure aimed at improving utility billing accuracy.
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Business · PM News ·
Court rejects FCCPC’s fresh bid to stop airtime lending
A Nigerian court has dismissed a new application by the Federal Competition and Consumer Protection Commission aimed at halting airtime lending services. The ruling prevents the regulatory body from stopping the practice, allowing telecommunications providers to continue offering the credit facility to their subscribers across the country.
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Business · Leadership News ·
Private Firms Demand Tax Clarity To Curb Highway Extortion Nationwide
Nigerian private firms are seeking clearer tax regulations to eliminate widespread highway extortion across the country. The demand aims to simplify payment processes and protect businesses from illegal levies encountered during the transportation of goods, which currently complicates logistics and increases operational costs for various stakeholders within the national economy.
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Business · Channels TV ·NNPC Announces ‘Successful’ River Niger Crossing On OB3 Gas Pipeline
The Nigerian National Petroleum Company Limited has completed the technical crossing of the River Niger for the Obiafu-Obrikom-Oben gas pipeline project. This development marks a significant milestone in the completion of the infrastructure, which aims to enhance gas supply and distribution across various industrial sectors within the country.
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Business · Nairametrics ·
EV market set for price war after FG removes 5% import duty
The Nigerian Federal Government has eliminated the five percent import duty on electric vehicles. This policy change is anticipated to drive competition among manufacturers and dealers, potentially leading to a price war as the cost of importing electric vehicles into the country decreases significantly.
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Business · Daily Post ·Arabinrin Aderonke: Zacch Adedeji sets clear vision for smarter revenue, strong institutions in Nigeria
Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service, has outlined a strategic vision aimed at enhancing Nigeria's revenue collection through smarter processes. This approach prioritizes the establishment of robust institutions and innovative frameworks to optimize the nation's financial resources and ensure long-term economic stability within the current administration.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.