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Business

Home Business Page 15
As stakeholders look for a tax waiver, OGFZA secures $24 billion in investments.
Posted inBusiness

As stakeholders look for a tax waiver, OGFZA secures $24 billion in investments.

The strategic importance of Nigeria's free zones is highlighted by the Oil and Gas Free Zones Authority's (OGFZA) announcement that it has drawn over $24 billion in investments. Additionally, the…
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Posted by Taiwo Ayomide December 16, 2025
Following Dangote’s price reduction, petrol in Lagos drops to N739.
Posted inBusiness

Following Dangote’s price reduction, petrol in Lagos drops to N739.

The main offtaker of Dangote Petroleum Refinery, MRS Oil Nigeria Plc, has started selling Premium Motor Spirit (PMS) for N739 a litre in Lagos, down from N885, less than 24…
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Posted by Taiwo Ayomide December 16, 2025
AG Mortgage Bank Aims for 1 million homes and 20% returns.
Posted inBusiness

AG Mortgage Bank Aims for 1 million homes and 20% returns.

In order to deliver one million mortgages by 2030, generate a 20% return on equity (RoE) for shareholders, and increase its presence throughout Nigeria's rapidly changing housing finance ecosystem, AG…
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Posted by Taiwo Ayomide December 16, 2025
Dr. Hassan Mahmud is named chief economist of Dangote.
Posted inBusiness

Dr. Hassan Mahmud is named chief economist of Dangote.

Dr. Mahmud Hassan, a prominent economist and former director of the Central Bank of Nigeria (CBN), has been chosen by Dangote Group as its Group Chief Economist, bolstering the Group's…
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Posted by Taiwo Ayomide December 16, 2025
FCMB Pensions Gives RSA Holders N200 billion
Posted inBusiness

FCMB Pensions Gives RSA Holders N200 billion

According to FCMB Pensions Limited, it has paid out more than N200 billion to holders of Retirement Savings Accounts thus far, and its Assets Under Management (AUM) has reached N1…
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Posted by Taiwo Ayomide December 16, 2025
Nigerian Ports See 1,085% Increase in Export Shipments
Posted inBusiness

Nigerian Ports See 1,085% Increase in Export Shipments

The third quarter of 2025 saw an astounding 1,085% surge in export containers, according to the Nigerian Ports Authority (NPA), which is a historic milestone for the nation's marine sector.…
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Posted by Taiwo Ayomide December 16, 2025
Inflation Falls Below Tinubu’s Goal at 14.45
Posted inBusiness

Inflation Falls Below Tinubu’s Goal at 14.45

Nigeria's headline inflation rate decreased to 14.45 percent in November, the National Bureau of Statistics (NBS) reported. According to the report published yesterday, the headline inflation rate of 16.05 percent…
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Posted by Taiwo Ayomide December 16, 2025
Nigeria’s Crude Oil Production Increases to 1.436 Mbps
Posted inBusiness

Nigeria’s Crude Oil Production Increases to 1.436 Mbps

According to the OPEC Monthly Oil Market Report (MOMR) published on Thursday, Nigeria's crude oil production increased marginally in November to 1.436 million barrels per day (bpd) from 1.401 million…
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Posted by Taiwo Ayomide December 15, 2025
Dangote Establishes N1 Trillion Education Fund to Help Students
Posted inBusiness

Dangote Establishes N1 Trillion Education Fund to Help Students

Yesterday, Nigerian businessman Aliko Dangote established a N1 trillion education fund with the goal of lowering the financial obstacles that prevent millions of young Nigerians from attending school. The Aliko…
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Posted by Taiwo Ayomide December 15, 2025
Detty December: Operators Fear Growing Expenses Will Endanger Tourism Revenue
Posted inBusiness

Detty December: Operators Fear Growing Expenses Will Endanger Tourism Revenue

Industry players have cautioned that increased operational expenses, poor service delivery, and a lack of coordination throughout the tourism value chain are putting increasing strain on Nigeria's rapidly expanding yuletide…
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Posted by Taiwo Ayomide December 15, 2025

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