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Business · ThisDay ·Nigeria’s Oil Industry: More Companies, Fewer Barrels
Nigeria's petroleum sector is currently experiencing a rise in the number of participating companies despite a simultaneous decline in total crude oil production. This trend highlights a disconnect between the growth of corporate entities within the industry and the actual output of barrels, reflecting ongoing challenges in maintaining national production levels.
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Business · ThisDay ·
Rite Foods Expands Sustainability Advocacy, Takes Climate Change Awareness to Lagos Students
Rite Foods has extended its environmental sustainability initiatives by launching a climate change awareness campaign for students in Lagos. The food and beverage company aims to educate younger generations on ecological preservation as part of its broader corporate social responsibility and advocacy efforts within the Nigerian market.
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Business · ThisDay ·
From Celebration to Ambition: Marketsquare Charts the Future
Following recent celebratory events, the Nigerian retail outlet Marketsquare has announced its strategic roadmap for future growth. The company intends to expand its operations and strengthen its presence in the domestic market, focusing on long-term sustainability and improved consumer engagement across various regions of the federation.
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Business · ThisDay ·
Julius Berger Records Strong Growth Ahead 56th AGM
Julius Berger Nigeria Plc has reported significant financial growth as the company prepares for its 56th Annual General Meeting. The construction firm's positive performance indicators suggest a robust outlook for shareholders and stakeholders, highlighting its continued expansion and operational stability within the Nigerian construction sector prior to the upcoming meeting.
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Business · ThisDay ·
CMSA Business Summit Targets Stronger, More Resilient Capital Market
The Capital Market Solicitors’ Association is hosting a business summit focused on building a more robust and adaptable capital market. The event seeks to bring together industry experts to deliberate on frameworks that can improve market stability and investor confidence amidst evolving economic conditions in Nigeria.
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Business · ThisDay ·
Expert: Tegbe Must Ramp Up Completion of Stalled Power Projects
An industry expert has advised Tegbe to prioritize and accelerate the completion of stalled power projects across Nigeria. This initiative aims to improve the national electricity supply and address infrastructure deficits that have hindered industrial growth. The call emphasizes the need for efficient project management to revitalize the energy sector.
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Business · Leadership News ·
CRC Credit Bureau Appoints Femi Jaiyeola As Non-Executive Director
CRC Credit Bureau has appointed Femi Jaiyeola as a Non-Executive Director to its board. The appointment reflects the company’s focus on enhancing its leadership and corporate governance. Jaiyeola is expected to contribute his professional expertise to the credit reporting agency’s strategic initiatives and oversight functions within the Nigerian financial services sector.
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Business · ThisDay ·
FG, Alberta Deepen Cooperation on Gas Devt, Energy Transition
The Federal Government of Nigeria is strengthening its partnership with Alberta, Canada, to enhance gas development and advance energy transition initiatives. This collaboration focuses on leveraging shared expertise to improve infrastructure and sustainable energy practices within the Nigerian oil and gas sector while addressing global environmental goals.
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Business · ThisDay ·
Punuka Annual Lecture Highlights Financing, Value Creation in Nigeria’s Hospitality Sector
The Punuka Annual Lecture recently addressed the critical roles of financing and value creation within the Nigerian hospitality industry. Stakeholders explored strategies to enhance growth and sustainability, focusing on investment opportunities and economic development to drive the sector's performance in the current national landscape.
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Business · ThisDay ·
Alpha Mead Group Launches Graduate Trainee Programme to Bridge Nigeria’s Skills Gap
Alpha Mead Group has introduced a graduate trainee programme aimed at addressing the prevailing skills gap in Nigeria. The initiative focuses on equipping young professionals with essential industry competencies to enhance their employability and career development within the country's professional landscape.
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Business · ThisDay ·
Aquiline, LBS Move to Boost Nigeria’s Security Leadership
Aquiline and the Lagos Business School have partnered to strengthen security leadership across Nigeria. This initiative focuses on enhancing strategic management and professional capacity within the security sector through specialized development programs designed to improve operational effectiveness and national safety standards.
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Business · Leadership News ·
CEO Advocates Mindset Shift For Entrepreneurial Success At Jos Conference
A chief executive officer emphasized the importance of a mindset shift for achieving success in business during a conference held in Jos. The presentation focused on how mental perspective influences entrepreneurial growth and encouraged participants to adopt new strategic approaches to overcome challenges within the Nigerian commercial landscape.
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Business · Daily Post ·ACAMB kicks off 30th Anniversary Celebration with tree planting
The Association of Corporate Affairs Managers in Banks (ACAMB) has commenced activities marking its 30th anniversary. The milestone celebration began with a tree-planting initiative, reflecting the organization’s commitment to environmental sustainability while commemorating three decades of professional service within the Nigerian banking sector.
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Business · BusinessDay ·FG move to curb agric export rejections linked to chemical residues
The Federal Government has initiated measures to reduce the rejection of Nigerian agricultural exports in international markets. This move addresses concerns regarding chemical residues in produce, which often lead to trade bans. The efforts aim to align Nigerian agricultural products with global safety standards to enhance trade and improve the nation's economic growth.
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Business · Daily Post ·Dollar to Naira exchange rate today, June 15, 2026: Nigerian currency appreciates
The Nigerian Naira experienced an appreciation against the United States Dollar in the foreign exchange market on June 15, 2026. This shift indicates a strengthening of the local currency compared to previous values, as market participants monitor the ongoing fluctuations within the country's financial sector and trading environments.
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Business · BusinessDay ·CBN ends offshore payment processing as banks, fintechs face 2027 data localisation deadline
The Central Bank of Nigeria has prohibited offshore payment processing for financial institutions, mandating that banks and fintech companies transition to domestic systems. These entities are required to comply with a data localisation deadline set for 2027 to ensure that sensitive financial information is stored and processed within the country.
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Business · Leadership News ·
Dangote Says Olokola FTZ Construction Will Begin in Q4 After Preparatory Mobilisation
The construction of the Olokola Free Trade Zone is scheduled to begin in the fourth quarter following the completion of preparatory mobilisation. This announcement confirms the timeline for the project after necessary preliminary site activities are concluded. The development marks a significant step in the industrial expansion plans for the designated trade area.
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Business · BusinessDay ·Why FG’s budgets fail to translate into tangible development – BudgIT
BudgIT has outlined factors preventing the Federal Government’s annual budgets from achieving visible developmental outcomes in Nigeria. The civic organization highlights persistent challenges in the budget cycle and fiscal implementation that hinder progress. These inefficiencies ensure that high expenditure figures do not consistently result in improved public infrastructure or social services for citizens.
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Business · BusinessDay ·Nigeria’s gas production rises to 7.93bcf, domestic sales rises
Nigeria's gas production has reached 7.93 billion cubic feet, marking a notable increase in total output. Alongside this growth in production, domestic gas sales within the country have also recorded a rise, reflecting shifts in the nation's energy sector and increased internal utilization of gas resources.
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Business · BusinessDay ·World Bank ranks Apapa, Tin Can ports among top 15 most improved for vessel time in five years
The World Bank has ranked Nigeria's Apapa and Tin Can Island ports among the top fifteen most improved globally regarding vessel turnaround time over the past five years. This recognition highlights progress in operational efficiency at the nation's primary maritime gateways, reflecting significant advancements in cargo handling and shipping logistics.
Nigerian News
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