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Business

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Communities in the FCT express concern over the blocked access road
Posted inBusiness

Communities in the FCT express concern over the blocked access road

The Department of Development Control, an agency under the Federal Capital Development Authority (FCDA), has received a petition from the affected communities, represented by young people from the Jiwa Chiefdom…
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Posted by admin May 13, 2026
Posted inBusiness

The NCAA aims for an airline certification window of ninety days.

In an effort to modernise the nation's aviation regulations, the Nigeria Civil Aviation Authority (NCAA) has announced plans to shorten the Air Operator Certificate (AOC) processing period to roughly ninety…
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Posted by admin May 13, 2026
In the midst of economic unrest, 15 Nigerian companies report N3.2 trillion in Q1 profits.
Posted inBusiness

In the midst of economic unrest, 15 Nigerian companies report N3.2 trillion in Q1 profits.

Despite ongoing economic difficulties, at least 15 businesses reported a cumulative profit of N3.12 trillion in the first quarter of 2026, according to Daily Trust. Improved earnings were found in…
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Posted by admin May 13, 2026
Tomatoes and N500 pepper vanish from markets as prices soar
Posted inBusiness

Tomatoes and N500 pepper vanish from markets as prices soar

In many markets, the days of purchasing pepper for N500 are gradually coming to an end as the cost of tomatoes and pepper keeps rising beyond the means of the…
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Posted by admin May 12, 2026
Four mutual funds are rebranded by FCMB Asset
Posted inBusiness

Four mutual funds are rebranded by FCMB Asset

The Securities and Exchange Commission (SEC) has authorised FCMB Asset Management Limited (FCMBAM), the Asset Management division of FCMB Group Plc, to execute the supplemental Trust Deeds of its mutual…
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Posted by admin May 12, 2026
In five years, NAHCO shareholders saw a dividend yield of 733%.
Posted inBusiness

In five years, NAHCO shareholders saw a dividend yield of 733%.

Over the last five years, Nigerian Aviation Handling Company Plc's shareholders have received dividend returns of over 733%, demonstrating the company's steady profitability, steady shareholder rewards, and robust market performance.…
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Posted by admin May 12, 2026
Despite fiscal gains, Nigeria continues to face significant debt risks—NESG
Posted inBusiness

Despite fiscal gains, Nigeria continues to face significant debt risks—NESG

Despite improving fiscal indicators, Nigeria is still exposed to substantial debt risks, according to the Nigerian Economic Summit Group (NESG). Weak revenue generation, enduring structural imbalances, and the ongoing reliance…
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Posted by admin May 12, 2026
Despite local refining, fuel imports rose by 114% in March.
Posted inBusiness

Despite local refining, fuel imports rose by 114% in March.

In March, Nigeria imported 182,235,909 litres of Petroleum Motor Spirit (PMS), also referred to as petroleum. This represents a 114% increase from the 85,097,124 litres imported in January, according to…
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Posted by admin May 12, 2026
Gov. Oborevwori: “Julius Berger is still our choice for project execution.”
Posted inBusiness

Gov. Oborevwori: “Julius Berger is still our choice for project execution.”

As part of continuous efforts to promote job creation and expedite infrastructure development throughout the state, Delta State Governor Rt. Hon. Sheriff Oborevwori has reiterated his administration's commitment to awarding…
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Posted by admin May 12, 2026
Through dispute resolution, port users saved N348.8 million in Q1.
Posted inBusiness

Through dispute resolution, port users saved N348.8 million in Q1.

Through its complaints and dispute resolution process, the Nigerian Shippers’ Council (NSC) helped stakeholders in Nigeria's maritime industry save more than N348.8 million in the first quarter of 2026. The…
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Posted by admin May 12, 2026

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