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Business · Nairametrics ·Cheapest and most expensive states to be a worker in Nigeria
An analysis of economic data identifies significant variations in the cost of living for employees across different Nigerian states. The report details which regions are currently the most expensive for workers and which offer the lowest living expenses, providing a comparative look at regional affordability and economic conditions nationwide.
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Business · BusinessDay ·Linkage Assurance delivers 748% profit surge Q1 despite tough operating environment
Linkage Assurance reported a 748 percent increase in profit during the first quarter, notwithstanding a challenging economic climate. The insurance firm achieved this significant financial growth despite the difficult operating environment currently affecting the Nigerian business landscape, marking a substantial improvement in its quarterly earnings performance.
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Business · Vanguard ·May Day: Labour rejects growth claims, says economy favors 1% as millions suffer
During May Day celebrations, organized labor in Nigeria rejected government assertions of economic growth. Union representatives stated that the current economic environment primarily benefits a small percentage of the population while millions of citizens continue to experience significant hardship and poverty under the nation's existing financial framework.
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Business · BusinessDay ·Apple’s $111bn quarter fueled by 28% China surge
Apple reported record quarterly revenue of $111 billion, significantly driven by a 28 percent growth in sales within the Chinese market. This financial performance underscores the company's strong international expansion and robust demand for its products, contributing to its overall fiscal success during the period mentioned.
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Business · Vanguard ·China rolls out zero-tariff access for Nigeria, 52 other African countries
The Chinese government has introduced a zero-tariff trade policy for Nigeria and fifty-two other African nations. This initiative eliminates import duties on goods from these countries, aiming to strengthen economic cooperation and increase trade volumes between China and the African continent through improved market access for local producers.
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Business · Channels TV ·
Why Failure Is A Part Of Business — Kemi Adeosun
Former Finance Minister Kemi Adeosun has highlighted that experiencing setbacks is a fundamental aspect of operating a commercial enterprise. She noted that these challenges serve as important stages in professional growth and are common across various industries. Her comments aimed to provide a realistic outlook for entrepreneurs navigating the Nigerian business landscape.
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Business · BusinessDay ·Eterna reports N1.38 billion Q1 2026 profits
Eterna PLC has announced a profit of N1.38 billion for the first quarter of the 2026 financial year. The energy company's reported earnings reflect its performance during the initial three months of the period, as disclosed in its latest financial statement submitted to the Nigerian Exchange.
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Business · BusinessDay ·Digital legal influencer secures Notary Power for cross-border deals
A digital legal influencer has secured notary power to facilitate cross-border commercial transactions. This authorization allows for the authentication of international legal documents, aiming to streamline business deals and provide specialized support for entrepreneurs operating within the global marketplace.
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Business · ThisDay ·
Ugwuanyi: Financial System Must Reflect Culture to Drive Growth
Former Enugu State Governor Ifeanyi Ugwuanyi has emphasized the need for Nigeria's financial system to incorporate cultural values to stimulate economic growth. He suggests that aligning financial structures with local traditions and societal norms is essential for fostering sustainable development and increasing financial inclusion across the country's various regions.
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Business · Vanguard ·Nigeria expresses commitment to OPEC, OPEC+, oil market stability
The Nigerian government has declared its ongoing support for OPEC and the OPEC+ coalition. This commitment aims to foster global oil market stability and ensure cooperative efforts among petroleum-producing nations. The announcement highlights the country's role in maintaining equilibrium within the international energy sector through strategic partnerships.
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Business · BusinessDay ·Soaring costs push Nigerians to pre-owned market as demand jumps 97%
Escalating costs have driven a significant surge in Nigeria's pre-owned goods market, with demand increasing by 97 percent. Consumers are increasingly opting for used items as brand-new products become less affordable due to economic pressures. This shift reflects broader changes in purchasing patterns as citizens adapt to rising inflation across the country.
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Business · Nairametrics ·
Fiona Ahimie: Meet LASU accounting graduate now CIS first female President
Fiona Ahimie, an accounting graduate of Lagos State University, has been appointed as the first female President of the Chartered Institute of Stockbrokers. Her election marks a historic shift in the leadership of the professional body, which plays a key role in Nigeria's capital market and financial services sector.
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Business · Nairametrics ·
Fiona Ahimie: Meet Unilag accounting graduate, now CIS first female President
Fiona Ahimie, an accounting graduate from the University of Lagos, has been appointed as the first female President of the Chartered Institute of Stockbrokers. This appointment marks a significant milestone in the leadership history of the professional body within the Nigerian financial and capital markets sector.
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Business · Premium Times ·Access Holdings logs record N743 billion annual profit
Access Holdings has reported a record annual profit of N743 billion, marking a significant financial milestone for the financial services group. The performance reflects a substantial increase in earnings and growth within the Nigerian banking sector, as the company continues to expand its operations across various markets.
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Business · BusinessDay ·NACCIMA signs pact with China trade group to boost investment ties
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has signed an agreement with a Chinese trade organization. This partnership aims to strengthen investment ties and facilitate bilateral trade between the two nations, providing a framework for enhanced economic cooperation and development across various sectors.
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Business · Leadership News ·
Development Board Tasks Host Communities On Content Guidelines
A development board has called on host communities to strictly adhere to established content guidelines to facilitate smooth operations and sustainable growth. The initiative focuses on ensuring that local stakeholders understand their roles and responsibilities within the regulatory framework to maximize the benefits of development projects in their respective regions.
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Business · BusinessDay ·Building to last: Lessons from over a century of Nigerian enterprise
Nigerian businesses with over a century of operations provide key insights into corporate longevity and economic resilience. These historical enterprises demonstrate the strategies required to achieve multi-generational sustainability and navigate the complexities of the domestic market while maintaining structural growth over several decades.
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Business · Premium Times ·Ikeja Electric gives reason for persistent power cuts in Lagos
Ikeja Electric has addressed the persistent power outages affecting several communities in Lagos State. The distribution company attributed the electricity supply challenges to technical faults and maintenance issues within its operational network, which have limited the distribution of power to residential and commercial customers.
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Business · BusinessDay ·MeCure Industries Q1 pre-tax profit surges 136% as revenue climbs 52%
MeCure Industries recorded a 136 percent increase in pre-tax profit during the first quarter, driven by a 52 percent rise in revenue. The financial performance highlights significant growth for the company compared to the previous period, reflecting strong operational results in the early part of the fiscal year.
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Business · BusinessDay ·This May 1, we are reaffirming our commitment to creating an enabling environment where our people can thrive, deliver excellence
On International Workers' Day, a commitment was reaffirmed to foster a supportive atmosphere for employees to achieve excellence. The initiative focuses on creating an enabling environment that promotes professional growth and high performance, ensuring that individuals have the necessary conditions to thrive within their various roles.
Nigerian News
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