-
Business · Nairametrics ·Nigeria’s palm oil import costs surge as Indonesia supply concerns mount
Nigeria is experiencing a significant increase in the cost of palm oil imports due to growing supply uncertainties from Indonesia. As a major global supplier, Indonesia's export challenges are impacting domestic pricing and procurement strategies for Nigerian businesses reliant on the commodity for industrial and food production.
-
Business · Leadership News ·
Kebbi Electricity Panel Promises Justice, Transparency In Operations
The Kebbi Electricity Panel has pledged to uphold justice and transparency throughout its operations. The committee aims to address issues within the state's power sector while ensuring fair treatment and accountability in its administrative processes. This commitment is intended to improve service delivery and build public confidence in the regional electricity management framework.
-
Business · Nairametrics ·
Dangote Cement’s Q1 profit hits N421.1 billion on over N1 trillion sales
Dangote Cement reported a first-quarter profit of N421.1 billion, supported by sales figures exceeding N1 trillion. The financial results highlight a significant performance milestone for the company within the period, reflecting strong revenue generation across its operations in the construction materials sector.
-
Business · Nairametrics ·
Meet Company Secretaries of the top 10 largest NGX companies by market CAP
Profiles have been released for the company secretaries of the ten largest firms listed on the Nigerian Exchange by market capitalization. These individuals manage corporate governance and regulatory compliance for Nigeria's most valuable public companies, playing critical roles in the administrative and legal frameworks of their respective organizations.
-
Business · Vanguard ·Iran defies Trump’s blockade as oil prices soar
Iran has continued its oil exports in defiance of the blockade imposed by the Trump administration. This development comes as global oil prices experience a significant increase, reflecting the impact of geopolitical tensions on the international energy market and trade relations between the two nations.
-
Business · Leadership News ·
Cooking Gas Prices Up 12.60% In March – NBS
The National Bureau of Statistics reported a 12.60 percent increase in the price of cooking gas during the month of March. This rise in cost highlights the ongoing inflationary pressures on essential household energy supplies across Nigeria, as documented in the latest official data release.
-
Business · Leadership News ·
Foreign Currency Tax Revenues Jump By 27% To N6.33trn
Nigeria's foreign currency tax revenues have increased by 27 percent, reaching a total of N6.33 trillion. This growth reflects a significant rise in tax collections denominated in foreign denominations compared to previous periods, contributing to the country's overall fiscal revenue performance within the reporting timeframe.
-
Business · BusinessDay ·Champion Breweries sees 69% topline growth as Bullet acquisition marks new growth phase
Champion Breweries reported a 69 percent increase in revenue following its acquisition by Bullet. The beverage company indicated that the change in ownership marks the beginning of a new growth phase, focusing on expanding its market presence and operational scale within the Nigerian manufacturing sector.
-
Business · ThisDay ·
Egbin Power Confirms Death of Contract Staff on Maintenance Operation
Egbin Power Plc has confirmed the death of a contract staff member during a maintenance operation at its facility. The fatal incident occurred while the individual was engaged in technical duties at the power plant. The company is addressing the situation following the industrial accident involving the worker during routine service work.
-
Business · Nairametrics ·
Zedcrest Securities: Leveraging Market Access & Maximising Portfolio Value
Zedcrest Securities is emphasizing its role in providing investors with strategic market access and specialized tools to enhance portfolio performance. The firm aims to assist clients in navigating financial markets while focusing on long-term value creation through professional securities trading and wealth management services.
-
Business · Nairametrics ·
How Zedcrest Securities Helps Investors Move Faster and Maximise Portfolio Value
Zedcrest Securities provides specialized financial services aimed at improving the speed of transactions and increasing the overall value of investment portfolios. The firm focuses on offering strategic tools and market insights to help clients achieve their financial goals within the Nigerian investment landscape.
-
Business · Leadership News ·
Yilwatda Empowers 1,400 Business Owners In Plateau
Nentawe Yilwatda has provided support to 1,400 business owners in Plateau State through a new empowerment initiative. The program is designed to stimulate local economic activity and provide essential resources to entrepreneurs. This intervention aims to strengthen small-scale businesses and improve the livelihoods of beneficiaries across various communities in the state.
-
Business · Nairametrics ·
Lagos mobility plan 2050 prioritises rail, BRT, ferries over road expansion
The Lagos 2050 mobility plan emphasizes the development of rail, Bus Rapid Transit, and ferry systems to enhance urban transportation. This strategic shift prioritizes mass transit infrastructure over traditional road expansion projects to address long-term congestion and improve connectivity within the state's growing metropolitan area.
-
Business · Premium Times ·Terfa Tilley-Gyado to lead Temple Company as founder, Idris Olorunnimbe, steps down
Terfa Tilley-Gyado has been appointed to lead the Temple Company following the departure of its founder, Idris Olorunnimbe. Olorunnimbe is stepping down from his role at the organization, marking a significant transition in the management of the firm as it enters a new leadership phase.
-
Business · Channels TV ·Dangote Refinery Raises Petrol To N1,275, Diesel To ₦1,800/Ltr As Brent Hits $125pb
Dangote Refinery has increased the prices of petrol and diesel to N1,275 and N1,800 per litre, respectively. This price adjustment follows a significant surge in global Brent crude oil prices, which recently reached 125 dollars per barrel. These changes indicate the refinery's response to volatile international energy market conditions.
-
Business · Nairametrics ·
Wema Bank reports N72.56 billion pre-tax profit in Q1 2026
Wema Bank has recorded a pre-tax profit of N72.56 billion for the first quarter of 2026. The financial results highlight the institution's earnings performance during the initial three-month period of the year. This figure represents the bank's gross profits before tax obligations are deducted, as reported in its latest financial statement.
-
Business · Leadership News ·
FCCPC Flags Electricity Sector As Leading Source Of Complaints In Bauchi
The Federal Competition and Consumer Protection Commission has identified the electricity sector as the primary source of consumer grievances in Bauchi State. This disclosure reflects ongoing challenges regarding power service delivery, prompting regulatory attention to address the high volume of complaints reported by residents within the region.
-
Business · PM News ·
Reps move to establish 50-year national economic plan for Nigeria
The Nigerian House of Representatives has commenced the process of establishing a fifty-year national economic plan for the country. This legislative move seeks to create a long-term development framework to guide Nigeria’s economic growth and policy consistency over the next five decades, addressing concerns regarding short-term planning cycles.
-
Business · BusinessDay ·Cutix rewards distributors with car, other items, certificates
Cutix PLC has presented rewards to its distributors, including a vehicle, various gift items, and certificates of recognition. The Nigerian cable manufacturer issued these incentives to acknowledge the contributions and performance of its partners within the distribution network during a recent corporate event.
-
Business · Leadership News ·
Group Threatens To Sue Firm Over Sand-mining, Dredging
An unidentified group has threatened legal action against a company over its sand-mining and dredging activities. The potential lawsuit focuses on the environmental or regulatory implications of these operations, reflecting ongoing tensions between local stakeholders and industrial firms regarding the management of natural resources and land usage.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.