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Business · The Punch ·NGX shareholders laud board, urge sustained growth focus
Shareholders of the Nigerian Exchange Group have expressed satisfaction with the performance of the board of directors. During a recent engagement, the investors commended the leadership while encouraging the group to maintain its focus on long-term growth and market development to enhance value for all stakeholders.
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Business · The Punch ·
NGX surges N5.55tn on strong broad-based buying
The Nigerian Exchange recorded a significant gain as market capitalization surged by N5.55 trillion. This growth was driven by robust across-the-board buying interest from investors, reflecting positive sentiment in the local equities market. The development highlights a period of strong performance for listed stocks on the domestic bourse.
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Business · ThisDay ·British Investment Targets £9bn for Africa, Focuses on Frontier Markets
British investment initiatives are targeting a total of £9 billion for deployment across Africa, specifically focusing on frontier markets. The move aims to enhance economic partnerships and drive growth within the continent's emerging sectors through strategic capital allocation and support for regional development projects.
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Business · ThisDay ·
Reverse Tide: How a Uyo Brewer’s Quiet Move on Bullet Signals New Chapter for Nigerian Corporate Ambition
A brewery based in Uyo has initiated a strategic acquisition of the Bullet energy drink brand. This move represents a shift in Nigerian corporate expansion, highlighting the growing capacity of local firms to acquire established brands and signals a new phase of domestic investment within the country's beverage industry.
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Business · ThisDay ·
Cookstoves Production: Greenplinth Africa Enters $10bn Investment Agreement
Greenplinth Africa has secured a $10 billion investment agreement to support the mass production of cookstoves. This deal is intended to enhance manufacturing capacity and promote cleaner cooking solutions, marking a significant capital injection into the continent's energy and industrial sectors.
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Business · ThisDay ·
FATE Foundation Marks 26 Years of Building Entrepreneurs
FATE Foundation recently commemorated twenty-six years of operations focused on fostering entrepreneurship in Nigeria. Since its inception, the non-profit organization has provided training, mentoring, and business support services to help aspiring entrepreneurs establish and scale their ventures, contributing to the country’s economic development through sustainable private sector growth.
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Business · ThisDay ·
Summit Explores Payment Innovation, Future of Retail in Nigeria
A recent summit in Nigeria addressed the evolution of payment systems and their impact on the retail industry. Stakeholders discussed technological advancements and strategies aimed at modernizing financial transactions to enhance consumer experiences and drive economic growth within the nation's commercial sector.
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Business · ThisDay ·
NECA Urges Stakeholders to Strengthen Work Environment for Sustainable Growth
The Nigeria Employers' Consultative Association has called on relevant stakeholders to enhance the national work environment. This initiative aims to foster sustainable economic growth across various sectors by improving conditions for employees and employers, thereby ensuring long-term stability and productivity within the country's industrial landscape.
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Business · ThisDay ·
Champion Breweries Announces Q1 Results, Transition to Group Reporting Structure
Champion Breweries has released its first-quarter financial results alongside a transition to a group reporting structure. The move reflects a change in the company's corporate framework and financial reporting standards. This development marks a significant adjustment in the beverage manufacturer's operational reporting approach as it manages its business performance.
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Business · ThisDay ·
Shareholders Laud NB on Strong 2025FY Recovery, Improved Profitability
Shareholders of Nigerian Breweries have expressed satisfaction following the company's strong financial recovery during the 2025 fiscal year. The organization reported improved profitability, leading to commendations from investors who highlighted the positive turnaround in the firm's performance compared to previous periods within the Nigerian manufacturing sector.
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Business · ThisDay ·
Firms Reward Creators with N12M and Paris Trips
Several corporate organizations have awarded content creators a total of 12 million Naira and all-expense-paid trips to Paris. The initiative aims to recognize and incentivize digital talents within the Nigerian creative industry, highlighting the growing partnership between private firms and influencers to drive brand engagement and economic growth.
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Business · BusinessDay ·How Nigeria’s new retail class Is turning local production into market power
Nigerian retailers are increasingly focusing on local production to strengthen their influence within the domestic market. This emerging retail class leverages home-grown goods to gain market power, reflecting a shift in consumer trends and supply chain management across the country's commercial landscape.
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Business · Channels TV ·
Senate Confirms Yuguda As CBN Deputy Governor
The Nigerian Senate has officially confirmed the appointment of Yuguda as a Deputy Governor of the Central Bank of Nigeria. The legislative approval concludes the nomination process for the apex bank’s executive position, aiming to strengthen the institution's management and support the nation’s monetary policy and financial stability.
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Business · Daily Post ·Dollar to Naira Exchange Rate Today, April 29, 2026: Nigerian currency records appreciation
On April 29, 2026, the Nigerian Naira experienced a gain in value against the United States Dollar. Reports from the foreign exchange market indicate that the local currency appreciated during the trading day, reflecting a shift in the ongoing exchange rate dynamics between the two currencies within the country.
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Business · Premium Times ·Daar Communications’ majority owner alleges share manipulation at CAC
The majority owner of Daar Communications has accused the Corporate Affairs Commission of overseeing or allowing the manipulation of company shares. These allegations focus on irregularities within the registry of the media organization, leading to concerns over the integrity of corporate records and ownership stakes within the prominent Nigerian broadcasting firm.
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Business · Channels TV ·Powell To Bow Out As Fed Chief But Stay As A Governor On Legal Pressure
Jerome Powell will resign from his role as the Federal Reserve Chairman but will continue to serve as a member of the Board of Governors. This development comes amid mounting legal pressure, representing a major change in the leadership structure of the United States central banking system.
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Business · PM News ·
Opeifa Unveils New Cleaning SOP as NRC Targets Safer, Cleaner Train Services
The Nigerian Railway Corporation has introduced a new Standard Operating Procedure for cleaning its train services and facilities. Facilitated by Kayode Opeifa, the initiative aims to improve hygiene and safety standards across the national rail network to provide a more conducive and secure environment for commuters.
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Business · PM News ·
Celebrating The Monumental Contributions of Mike Adenuga Jr @73
Nigerian businessman and founder of Globacom, Mike Adenuga Jr, is being commemorated for his significant economic and social contributions as he reaches the age of seventy-three. The recognition focuses on his leadership in the telecommunications and energy sectors through his various corporate ventures and philanthropic initiatives.
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Business · PM News ·
Lafarge Africa Profit Doubles to N97.95bn on Strong Q1 Performance
Lafarge Africa reported a significant increase in its financial performance, with profits doubling to N97.95 billion. The growth is attributed to strong results during the first quarter of the year, reflecting a substantial improvement in the company's earnings compared to previous reporting periods.
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Business · BusinessDay ·Naira ends week-long loss streak as liquidity improves
The Nigerian Naira has halted its week-long depreciation streak following an increase in market liquidity. The currency's recovery marks a significant shift in the foreign exchange market after consecutive days of losses, as improved dollar availability contributes to the stabilization of the exchange rate during recent trading sessions.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.