-
Business · ThisDay ·Jerry Eze Foundation Distributes N1bn Grants to Entrepreneurs
The Jerry Eze Foundation has commenced the distribution of N1 billion in grants to entrepreneurs. This initiative aims to support small business owners and boost economic activities by providing direct financial assistance to various recipients across the country to enhance their business operations and sustainability.
-
Business · BusinessDay ·Access Holdings’ crosses N1tn profit mark for the first time
Access Holdings has recorded an annual profit exceeding one trillion Naira for the first time in its corporate history. This financial milestone marks a significant growth point for the Nigerian multinational financial services group, reflecting its expanding operations and market position within the country's banking and investment sector.
-
Business · Leadership News ·
NNPC Completes River Niger Crossing For OB3 Pipeline
The Nigerian National Petroleum Company Limited has successfully completed the River Niger crossing for the Obiafu-Obrikom-Oben gas pipeline project. This technical milestone facilitates the transport of natural gas across the country, enhancing industrial energy supply and supporting the federal government's gas infrastructure expansion goals within the domestic market.
-
Business · Leadership News ·
Investors Gain N26.78trn In 30 Days Amid Foreign Inflows’ Rebound
Nigerian investors recorded a total gain of 26.78 trillion Naira over a thirty-day period, driven by a significant recovery in foreign investment inflows. This substantial growth reflects a positive trend in the nation's financial markets as international capital returns to the domestic economy during the specified timeframe.
-
Business · Leadership News ·
Distributors Seek Trade Incentives To Drive Demand For New Products
Distributors in Nigeria are advocating for the introduction of trade incentives to stimulate consumer demand for new products. These stakeholders believe that such measures will facilitate market penetration and support business growth amid current economic conditions, ensuring that innovative offerings reach a wider audience more effectively.
-
Business · Leadership News ·
Akwa Ibom Establishes Firm For Mechanised Farming
The Akwa Ibom State government has established a specialized company to drive mechanized farming initiatives across the region. This strategic move is intended to modernize the state's agricultural sector, improve food security, and enhance economic productivity through the deployment of advanced farming equipment and modern techniques.
-
Business · Leadership News ·
Federal Govt Earmarks N150bn For 8.9km Bonny-Bodo Link Road Construction
The Nigerian Federal Government has allocated 150 billion Naira for the construction of an 8.9-kilometer road linking Bonny and Bodo. This funding commitment is directed toward completing the critical infrastructure project, which aims to improve transportation and enhance economic connectivity within the Niger Delta region.
-
Business · Leadership News ·
Weak Veterinary Services, Rising Costs Drive 20% Beef Price Surge
Beef prices have increased by 20 percent due to a combination of inadequate veterinary services and rising operational costs. The surge reflects broader economic challenges within the Nigerian livestock sector, affecting both producers and consumers as maintenance expenses for cattle continue to climb amid systemic service gaps.
-
Business · Nairametrics ·
Fiona Ahimie elected as Chartered Institute of Stockbrokers’ first female President
Fiona Ahimie has been elected as the first female President of the Chartered Institute of Stockbrokers. This appointment marks a significant milestone for the Nigerian financial institution, as she takes on the leadership role to oversee the affairs and professional standards of stockbrokers across the federation.
-
Business · Leadership News ·
Rebuild Trust, Deliver Stronger Banks, CBN Urges Directors
The Central Bank of Nigeria has called on bank directors to focus on restoring public confidence and strengthening financial institutions. This directive aims to enhance the stability of the banking sector and ensure that leadership prioritizes transparency and resilience within their respective organizations to foster a more reliable national economy.
-
Business · Leadership News ·
NUPRC Deepens Support For Local Firms To Drive Up Petroleum Output
The Nigerian Upstream Petroleum Regulatory Commission is expanding its support for indigenous companies to increase national petroleum production. This initiative aims to enhance the technical and operational capacities of local firms, ultimately driving higher output levels across the country’s oil and gas sector to meet strategic energy goals.
-
Business · Leadership News ·
Firm Moves To Close Nigeria’s Sustainability Measurement Gap
An unnamed company is implementing measures to address the deficiency in sustainability tracking and reporting within Nigeria. This initiative aims to improve how environmental and social governance metrics are captured and analyzed, potentially enhancing corporate transparency and environmental standards across the country's various economic sectors.
-
Business · Leadership News ·
NAFDAC Extends Importers’ Expired 2025 Licences To May 31 To Ease Port Congestion
The National Agency for Food and Drug Administration and Control has extended the validity of importers' expired 2025 licenses until May 31. This regulatory adjustment aims to reduce port congestion and facilitate the timely clearance of goods, providing relief for stakeholders navigating administrative requirements during the period.
-
Business · Nairametrics ·
Access Holdings delivers over N1 Trillion PBT, signals strategic shift from scale to value
Access Holdings has reported a profit before tax exceeding N1 trillion. The financial institution indicated a change in its corporate strategy, moving from a focus on expansion and scale toward prioritizing value creation. This development marks a significant milestone in the group's financial performance and future operational outlook.
-
Business · BusinessDay ·FG approves N548.98bn carter bridge reconstruction
The Federal Government of Nigeria has authorized the reconstruction of the Carter Bridge in Lagos with a budget of 548.98 billion Naira. This infrastructure project aims to improve transportation safety and efficiency within the commercial capital, representing a major capital expenditure designed to upgrade the nation's critical road network.
-
Business · BusinessDay ·Adobe targets Nigeria’s booming creator economy with strategic Redington partnership
Adobe has established a strategic partnership with Redington to expand its presence within Nigeria's growing creator economy. This collaboration aims to provide localized access to creative software and digital tools, supporting Nigerian content creators and professionals while enhancing Adobe's market engagement and distribution network across the country.
-
Business · Leadership News ·
Power Supply: Nebo Advocates Strengthening Of Transmission Network
Former Power Minister Chinedu Nebo has called for the reinforcement of the national power transmission network to ensure stable electricity supply. He emphasized that strengthening the grid infrastructure is essential for resolving persistent power challenges and improving the overall efficiency of the country's energy sector.
-
Business · Daily Post ·Dangote Refinery announces lower aviation fuel price
The Dangote Refinery has declared a reduction in the market price of aviation fuel. This development is expected to alleviate financial pressures on airline operators within Nigeria and potentially lead to lower airfares for domestic and international travelers across the country’s aviation sector.
-
Business · Leadership News ·
Cement Firm Records N97.95bn Profit In First Quarter
A cement manufacturing firm has announced a profit of 97.95 billion naira for the first quarter of the year. This financial result represents the company's earnings performance during the initial three months, demonstrating its fiscal activities and profitability within the Nigerian industrial landscape for the current reporting period.
-
Business · BusinessDay ·FEC approves $2.9bn rail projects for Lagos, Kano, Kaduna
The Federal Executive Council has granted approval for railway projects valued at 2.9 billion dollars. These infrastructure developments are slated for Lagos, Kano, and Kaduna states as part of efforts to improve the national transportation network. The significant investment aims to enhance regional connectivity and facilitate economic activities across these major urban centers.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.