-
Business · The Punch ·Oil at four-year high, stocks slip after Trump blockade warning
Global oil prices have reached their highest level in four years while stock markets experienced a decline following a blockade warning from President Trump. These fluctuations in international markets reflect investor concerns regarding potential trade disruptions and geopolitical tensions stemming from recent policy statements issued by the United States administration.
-
Business · Leadership News ·DAAR Investment Drags CAC To Court Over Altered 300,000 Shares Of Late Chief Dokpesi
DAAR Investment has sued the Corporate Affairs Commission over the alleged unauthorized alteration of 300,000 shares belonging to the late Chief Raymond Dokpesi. The legal challenge addresses discrepancies within company registration records and seeks to resolve disputes regarding the ownership structure following the passing of the media mogul.
-
Business · ThisDay ·
US War Against Iran Gulps $25 Billion as Oil Price Soars to $119
United States military operations involving Iran have cost $25 billion as global oil prices climbed to $119 per barrel. This expenditure occurs amidst heightening geopolitical tensions, significantly impacting international energy markets. The surge in crude oil costs reflects the broader economic consequences of the ongoing confrontation between the two nations.
-
Business · The Punch ·
Petrol nears N1,400/litre as Dangote hikes price
The pump price of petrol in Nigeria is approaching N1,400 per litre following a recent price increase by the Dangote Refinery. This development marks a significant rise in fuel costs, impacting consumers across the nation as the facility adjusts its wholesale rates for the essential commodity.
-
Business · The Punch ·
Funding, execution gaps undermine small firms’ survival
Small businesses in Nigeria are facing significant challenges due to a lack of adequate funding and poor execution strategies. These persistent gaps are hindering the growth and long-term sustainability of small firms, making it difficult for them to survive within the current economic environment despite their importance to the national economy.
-
Business · ThisDay ·
CBN Urges Students to Master Money Skills as Economic Landscape Evolves
The Central Bank of Nigeria has advised students to develop essential financial management skills to navigate the country's changing economic environment. This initiative aims to equip the youth with necessary tools for fiscal responsibility and long-term financial stability as the national landscape continues to undergo significant transformations.
-
Business · BusinessDay ·BusinessDay 30th Apr 2026
BusinessDay provides comprehensive coverage of Nigeria's economic and financial landscape for April 30, 2026. The publication features updates on market trends, corporate developments, and policy changes affecting the national economy. This edition serves as a primary source for investors and industry professionals tracking various sectors within the country.
-
Business · ThisDay ·
NISO, WAPP Set for Phase 2 of West Africa’s Power Grids Alignment Plan
The Nigeria Independent System Operator and the West African Power Pool are preparing to commence the second phase of a regional power grid alignment project. This initiative aims to synchronize and integrate electricity networks across West Africa to improve energy stability and cross-border power trading efficiency within the sub-region.
-
Business · The Punch ·
FG backs Abuja garment factory to curb imports
The Federal Government has announced its support for a garment factory located in Abuja as part of a strategic move to reduce Nigeria's reliance on imported clothing. This initiative aims to stimulate local production, create jobs for citizens, and strengthen the country's manufacturing sector through increased domestic output and industrial growth.
-
Business · The Punch ·
Air cargo demand drops as passenger traffic rises
The Nigerian aviation sector is experiencing a shift in market dynamics as air cargo demand decreases while passenger traffic shows significant growth. This trend indicates a preference for travel over freight services within the industry, reflecting changing consumer behavior and operational focuses for airlines operating across the country.
-
Business · ThisDay ·
Alake Canvasses United African Front to Capture Greater Value from Global Mineral Economy
Nigeria's Minister of Solid Minerals Development, Dele Alake, is advocating for African nations to establish a unified front within the global mining industry. This strategic collaboration aims to enhance the continent's collective bargaining power and ensure African countries retain a greater share of the economic value generated from their mineral resources.
-
Business · ThisDay ·
Akpabio: Middle East Crisis Has Derailed Nigeria’s $5 Billion Loan Plan from UAE
Senate President Godswill Akpabio indicated that the current Middle East crisis has obstructed Nigeria's plans to obtain a five billion dollar loan from the United Arab Emirates. This geopolitical tension has stalled significant financial arrangements intended to bolster the Nigerian economy, highlighting the impact of international conflicts on domestic fiscal goals.
-
Business · ThisDay ·
DAAR Communications Alleges Irregular Share Changes on CAC Portal, Drags Commission to Court Over Dokpesi Estate Dispute
DAAR Communications has initiated legal action against the Corporate Affairs Commission over claims of unauthorized alterations to share records on the agency's digital portal. The media organization alleges that these irregularities are linked to an ongoing dispute concerning the estate of its late founder, Raymond Dokpesi.
-
Business · ThisDay ·
For His Contribution to Air Transport, IATA Names Keyamo Among Africa’s Top Four Aviators
The International Air Transport Association has recognized Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, as one of Africa's top four aviators. This acknowledgment follows his contributions to the air transport sector and his leadership in advancing the aviation industry within the Nigerian and African landscape.
-
Business · ThisDay ·
TotalEnergies Records Net Income of $5.4 Billion in Q1
TotalEnergies has announced a net income of $5.4 billion for the first quarter. The global energy company reported these financial results as part of its periodic earnings update, reflecting its performance across international markets during the initial three months of the year.
-
Business · BusinessDay ·Nigeria’s fish farmers reel from 8-year-old export ban
Nigerian fish farmers continue to face significant economic challenges due to an eight-year-old ban on fish exports. The prolonged restriction has limited market access for local producers, impacting the growth of the aquaculture sector and reducing potential foreign exchange earnings for the country's agricultural industry.
-
Business · Leadership News ·
PenCom Pushes To Enroll All Civil Servants In CPS
The National Pension Commission is intensifying efforts to integrate all Nigerian civil servants into the Contributory Pension Scheme. This initiative aims to ensure comprehensive coverage and streamline retirement benefits for public sector employees across various levels of government, enhancing financial security for workers upon the conclusion of their professional service.
-
Business · BusinessDay ·Stock market liquidity doubles as NGX records most successful quarter ever
The Nigerian Exchange Group recorded its most successful quarter ever as stock market liquidity doubled during the period. This milestone reflects significant growth in trading activity and investor participation within the local capital market, marking a historic high for the exchange's performance metrics.
-
Business · Leadership News ·
₦210trn Audit: Ex-NNPCL Chiefs Reach Out After Missing Senate Hearings
Former heads of the Nigerian National Petroleum Company Limited have established contact with the Senate after failing to attend scheduled hearings regarding a ₦210 trillion audit. The legislative inquiry aims to scrutinize financial accounts, and the officials' response indicates a potential shift toward engagement with the ongoing parliamentary investigation into the corporation.
-
Business · Daily Trust ·
Our approach to AI adoption is deliberate, responsible – FCMB
First City Monument Bank has announced its commitment to a deliberate and responsible strategy regarding the adoption of artificial intelligence. The financial institution aims to integrate advanced technologies into its operations while maintaining high standards of ethical practice and operational safety within the Nigerian banking sector.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.