Business Archives

business

Nigerian Electricity Regulatory Commission meeting

Business News

Nigerian Electricity Regulatory Commission Invites Investors to Improve Power Supply

The Nigerian Electricity Regulatory Commission is seeking investors to enhance electricity supply through large-scale projects.

Court gavel symbolizing justice in a counterfeit product case.

Business News

Businessman Sentenced to Five Years for Selling Fake Olive Oil in Abia

Innocent Okoye was convicted for producing counterfeit Goya Extra Virgin Olive Oil.

Corporate office environment with employees discussing performance reviews.

Business News

How HR Departments Misuse 360-Degree Feedback to Justify Layoffs

Companies may manipulate performance reviews to support planned job cuts, experts say.

Christine Lagarde speaking at a press conference in Frankfurt, Germany.

Business News

Christine Lagarde to Leave ECB Presidency in February 2027

European Central Bank President Christine Lagarde will step down early, allowing for new leadership before French elections.

Business News

Mercedes-Benz to Restart Job Cuts Amid Tough Competition in China

Mercedes-Benz plans to restart its voluntary redundancy program in Germany as it faces challenges from Chinese carmakers.

Business News

GSK Reports 23% Drop in Profit Amid Cost-Cutting Efforts

GSK’s third-quarter profit fell significantly as the company implements a cost-saving strategy.

Business News

Dangote Refinery’s IPO Attracts Global Investors from 120 Countries

The Dangote Petroleum Refinery has completed a historic IPO, drawing interest from investors in all 54 African nations and beyond.

Business News

Dangote Refinery’s IPO Attracts Global Investors from 120 Countries

The Dangote Petroleum Refinery’s initial public offering has drawn interest from investors worldwide.

A view of the Lagos Oriental Hotel, venue for the African Brands Congress.

Business News

Lagos to Host African Brands Congress Focused on Artificial Intelligence

The African Brands Congress in Lagos will explore AI’s impact on branding and business.

A group of diverse entrepreneurs discussing business plans.

Business News

Tinubu’s Credit Guarantee Scheme Provides N64.13bn in Loans, Supporting Nearly 915,000 Jobs

The National Credit Guarantee Company reports significant loan support for businesses and first-time borrowers.

Governor Umar Namadi signing the hatchery agreement with Srinivasa Farms.

Business News

Jigawa State Partners with Indian Firm for $10 Million Poultry Hatchery

The Jigawa State Government has signed a deal with Srinivasa Farms to build a new hatchery.

Business News

Naira Falls Against Dollar, Trading at N1,361.84 at Official Market

The Nigerian naira has dropped in value, trading at N1,361.84 against the US dollar on October 23, 2026.

Nicosia Presidential Palace where Nigeria's Ambassador presented her credentials.

Business News

Nigeria and Cyprus Aim to Boost Trade and Investment Cooperation

Nigeria and Cyprus are looking to enhance their trade, investment, and educational ties.

A barrel of crude oil with fluctuating price graphs in the background.

Business News

Oil Prices Hit $115 Amid Market Concerns Over Earnings and AI Spending

Crude oil prices rose to $115 a barrel as global markets reacted to mixed earnings reports and rising tensions.

Business News

Volvo Cars Reports Loss and Plans to Cut 2,500 Jobs Globally

The Swedish carmaker faces challenges from tariffs and competition, leading to significant job cuts.

Business News

CNG Prices Expected to Remain Stable as Adoption Grows in Nigeria

Officials say increased use of Compressed Natural Gas could keep prices low.

Katsina State Government officials announcing the grant program for small businesses.

Business News

Katsina State Launches N3.1 Billion Grant Program for Small Businesses

The Katsina State Government has introduced a grant program to support over 62,000 small businesses.

Graph showing the rise in Nigeria's money supply

Business News

Nigeria’s Money Supply Grows by N7.51 Trillion to N146.6 Trillion in September

The Central Bank of Nigeria reports a significant rise in the country’s money supply, indicating increased liquidity.

Taiwo Oyedele speaking at Chatham House in London.

Business News

Nigeria’s Finance Minister Discusses Economic Reforms and Household Challenges

Taiwo Oyedele highlights the impact of economic reforms on living conditions in Nigeria.

Prime Minister Mark Carney meeting with Turkish officials.

Business News

Canada Begins Free Trade Talks with Turkey Amid Trade War with U.S.

Prime Minister Mark Carney’s visit to Turkey marks the start of negotiations for a free trade agreement.