Latest Business News

FAAC Sharing drops to ₦1.928trn in November

The Federal Government, States, and Local Government Councils have shared one trillion,…

Daar Communications Plc Annual Report and Financial Statements for the Year Ended 31 December 2024

1 | P a g eDAAR COMMUNICATIONS PLCTABLE OF CONTENTCONTENTS PAGECorporate information…

Nigeria targets $10bn with bids for 50 oil blocks

The Federal Government on Monday launched the 2025 Nigeria Petroleum Licensing Round,…

Nigeria’s economy grows 3.98% in Q3 2025 – NBS

Nigeria’s economy grew by 3.98% year-on-year in the third quarter of 2025…

NNPC Limited posts ₦5.4tn profit, unveils $60bn investment plan

NNPC Limited has announced a Profit-After-Tax of ₦5.4 trillion for the 2024…

Breaking: Nigeria’s inflation rate drops to 16.05%

Nigeria’s inflation showed a major slowdown in October 2025, easing to 16.05%,…

New Push to Curb Currency Encroachment Gains Momentum

Abuja, Nigeria – In a bid to address rising concerns about currency…

Nigeria’s inflation records big fall by 2.1% to 18.02% in Sept – NBS

Nigeria's headline inflation slowed for the sixth month in a row in…

President Tinubu Departs Abuja for Aqaba Process Heads of Government Meeting in Rome

President Bola Tinubu will today depart Abuja for Rome, Italy, to attend…

Nigeria-Polish Economic Forum Kicks Off In Lagos, Highlights Avenues For Investment, Trade

Today marks a significant milestone in Nigeria’s international economic relations: the inaugural…

FG Begins Review Of Revenue Allocation Formula

The Federal Government has officially commenced the process of reviewing Nigeria’s revenue…

Nigeria’s Inflation Drops To 21.88% In July Amid Mixed Reactions

Nigeria’s headline inflation has continued on a downward trend for the fourth…