business

Business News

Netflix Secures Definitive $72 Billion Deal to Acquire Warner Bros. Studio and Streaming Assets, Including HBO Max and DC Comics

Netflix Secures Definitive $72 Billion Deal to Acquire Warner Bros. Studio and Streaming Assets, Including HBO Max and DC Comics In a monumental transaction set to redefine the global entertainment landscape, Netflix, Inc. today, Friday, December 5, 2025, announced it has entered into a definitive agreement to acquire the film, television studio, and streaming assets […]

Business News

Nigeria-Slovenia Chamber Urges Entrepreneurs to Tap into Central European Market, Citing Slovenia’s EU Membership and Stable Economy

Nigeria-Slovenia Chamber Urges Entrepreneurs to Tap into Central European Market, Citing Slovenia’s EU Membership and Stable Economy The Nigeria-Slovenia Chamber of Commerce has strongly encouraged the Nigerian business community to actively explore the substantial trade and investment opportunities available in Slovenia, describing the Central European nation as a promising frontier for global expansion. The appeal […]

Business News

Asian Markets Show Mixed Results as Investors Await Crucial US Inflation Data Set to Finalize Bets on Next Week’s Federal Reserve Rate Cut

Asian Markets Show Mixed Results as Investors Await Crucial US Inflation Data Set to Finalize Bets on Next Week’s Federal Reserve Rate Cut Asian stock markets traded with mixed results today, Friday, December 5, 2025, as investors struggled for a firm direction ahead of critical economic data from the United States that is expected to […]

Business News

Investor Confidence and Strong Harvest Propel Nigeria’s Agro-Sector Output to Record N30.5 Trillion in Q3 2025

Investor Confidence and Strong Harvest Propel Nigeria’s Agro-Sector Output to Record N30.5 Trillion in Q3 2025 Nigeria’s agricultural sector has demonstrated significant resilience and growth, with the latest figures indicating that the sector’s output soared to N30.5 trillion in the Third Quarter (Q3) of 2025. This impressive performance is primarily attributed to a sharp surge in […]

Business News

Works Minister Umahi Assures Protesting Contractors, Sets December 20 Deadline for Payment of N4 Trillion Debt Backlog

Works Minister Umahi Assures Protesting Contractors, Sets December 20 Deadline for Payment of N4 Trillion Debt Backlog The Federal Government has moved decisively to quell rising tensions among contractors handling critical infrastructure projects, assuring them that all verifiable outstanding payments will be cleared by December 20, 2025. The assurance was delivered by the Minister of […]

Business News

Indigenous Contractors Stage Fresh Protest at Ministry of Finance, Demanding Immediate Payment of Long-Overdue N500 Billion+ Debt

Indigenous Contractors Stage Fresh Protest at Ministry of Finance, Demanding Immediate Payment of Long-Overdue N500 Billion+ Debt Members of the All Indigenous Contractors of Nigeria (AICAN) have launched a fresh, high-stakes series of protests in Abuja, dramatically converging on the Federal Ministry of Finance and the National Assembly Complex to demand the immediate settlement of […]

Business News

SpenAgro CEO Mbachu Unveils Strategy to Achieve Global Cocoa Dominance, Anchored on Premium Quality and Farmer Empowerment

SpenAgro CEO Mbachu Unveils Strategy to Achieve Global Cocoa Dominance, Anchored on Premium Quality and Farmer Empowerment The Chief Executive Officer of SpenAgro, Ebuka Mbachu, has declared the company’s intent to become a dominant force in the global cocoa market, asserting that the firm is taking decisive steps to position itself as a leading exporter […]

Business News

FG to Enforce 30% Local Processing Mandate on All Natural Resource Exports, Awaits Presidential Assent on Landmark Bill

FG to Enforce 30% Local Processing Mandate on All Natural Resource Exports, Awaits Presidential Assent on Landmark Bill The Federal Government has disclosed its final plans to enforce a landmark policy requiring a minimum of 30 per cent local value addition to all natural resources and raw materials before they are shipped out of Nigeria. […]

Business News

Fully Private Digital Bank, Bank78 MFB, Debuts with AI-Powered Support to Restore Trust and Combat Transaction Downtimes

Fully Private Digital Bank, Bank78 MFB, Debuts with AI-Powered Support to Restore Trust and Combat Transaction Downtimes Nigeria’s digital banking landscape entered a new, competitive phase as Bank78 Microfinance Bank (MFB) officially commenced operations, positioning itself as the country’s first fully private digital bank. The new entrant is built around a philosophy focused on reliability and […]

Business News

Reps Issue Final December 8 Ultimatum to Finance, Power, and Budget Offices Over Evasion of 2007-2024 Power Sector Probe

Reps Issue Final December 8 Ultimatum to Finance, Power, and Budget Offices Over Evasion of 2007-2024 Power Sector Probe The House of Representatives Ad Hoc Committee investigating Nigeria’s controversial power sector reforms and expenditures from 2007 to 2024 today, Thursday, November 27, 2025, issued a final, non-negotiable ultimatum to several critical Ministries, Departments, and Agencies […]

Business News Technology

EFCC Adopts Advanced Blockchain Forensics and Crypto Tracking Tools to Dismantle Virtual Asset Fraud Syndicates

EFCC Adopts Advanced Blockchain Forensics and Crypto Tracking Tools to Dismantle Virtual Asset Fraud Syndicates The Economic and Financial Crimes Commission (EFCC) has confirmed the successful integration of advanced blockchain forensics and cryptocurrency tracking tools into its operational infrastructure, marking a critical step in Nigeria’s efforts to combat the rapidly evolving landscape of virtual asset […]

Business Health News

NNPC/Renaissance JV Donates $300,000 to Sustain Operation of Advanced LINAC Cancer Treatment Machine at National Hospital, Abuja

NNPC/Renaissance JV Donates $300,000 to Sustain Operation of Advanced LINAC Cancer Treatment Machine at National Hospital, Abuja Cancer patients relying on Nigeria’s public healthcare system received a major boost today, Thursday, November 27, 2025, as the NNPC Limited / Renaissance Joint Venture (JV) announced a significant donation of $300,000 to the National Hospital, Abuja. The […]

Business News

Governor Fubara Declares Rivers “Most Peaceful Destination” for Business, Citing Large Turnout at Rotary Conference as Evidence

Governor Fubara Declares Rivers “Most Peaceful Destination” for Business, Citing Large Turnout at Rotary Conference as Evidence Rivers State Governor, Siminalayi Fubara, today, Saturday, November 22, 2025, boldly declared that Rivers State is now one of the most peaceful destinations in Nigeria, suitable for both tourists and business investors. Making the declaration at the All […]

Business Food News

NIGERIA LAUNCHES NATIONAL DIGITAL FARMERS REGISTRY TO STRENGTHEN FOOD SECURITY

Nigeria Launches National Digital Farmers Registry to Strengthen Food Security The Federal Government has officially launched the National Digital Farmers Registry (NDFR), a comprehensive digital database designed to transform agricultural planning, eliminate duplication, and improve access to support services for farmers nationwide. The registry, introduced under the Ministry of Agriculture and Food Security, aims to […]

Business News

Lexis Development Launches ‘Ofunds’ App to Drive Financial Access, Registers 15,000 Users in Early Eastern Nigeria Rollout

Lexis Development Launches ‘Ofunds’ App to Drive Financial Access, Registers 15,000 Users in Early Eastern Nigeria Rollout The Nigerian FinTech space saw a fresh entrant today, Friday, November 21, 2025, with the launch of Ofunds, a new mobile application developed by Lexis Development Company Ltd in partnership with Blord Group. The platform is strategically focused […]

Business News

Dangote Group Intensifies SME Support with Special Offers and Technical Guidance at Kano International Trade Fair

Dangote Group Intensifies SME Support with Special Offers and Technical Guidance at Kano International Trade Fair The Dangote Group has intensified its commitment to supporting the growth of Small and Medium-sized Enterprises (SMEs) by offering extensive technical guidance and special promotional incentives at the ongoing 36th Kano International Trade Fair. The move is part of […]

Business News

TotalEnergies Consolidates Deepwater Power with 90% Operated Stake in OPL 257 After Asset Swap with Conoil

TotalEnergies Consolidates Deepwater Power with 90% Operated Stake in OPL 257 After Asset Swap with Conoil In a major strategic move that reshapes the offshore oil landscape, TotalEnergies today, Thursday, November 20, 2025, announced an asset swap deal with indigenous player Conoil Producing Limited, aimed at consolidating the French energy major’s position in Nigeria’s deepwater […]

Business News

Nigeria Targets ₦1.49 Trillion Annual Revenue from Electricity Exports to 15 West African Nations Starting June 2026

Nigeria Targets ₦1.49 Trillion Annual Revenue from Electricity Exports to 15 West African Nations Starting June 2026 The Federal Government today, Thursday, November 20, 2025, announced an ambitious economic goal for the power sector, projecting nearly ₦1.49 trillion ($1 billion) in annual revenue from electricity exports to 15 countries within the Economic Community of West […]

Business News

Kano Governor Presents Historic ₦1.37 Trillion 2026 Budget, Dedicating 68% to Capital Projects with Education Taking Top Priority

Kano Governor Presents Historic ₦1.37 Trillion 2026 Budget, Dedicating 68% to Capital Projects with Education Taking Top Priority Kano State Governor, Abba Kabir Yusuf, yesterday, Wednesday, November 19, 2025, presented a landmark appropriation bill totaling ₦1.368 trillion for the 2026 fiscal year to the State House of Assembly. This proposal marks the first time the […]

Business News

13-Year-Old Public School Student Ebunoluwa Seth Wins 15th UBA Foundation Essay Competition, Clinching ₦10 Million Educational Grant

13-Year-Old Public School Student Ebunoluwa Seth Wins 15th UBA Foundation Essay Competition, Clinching ₦10 Million Educational Grant History was made in Lagos yesterday, Tuesday, November 18, 2025, as 13-year-old Ebunoluwa Seth Oluwatimilehin, a student of Igando Community Senior High School, Igando, emerged as the overall winner of the 15th UBA Foundation National Essay Competition (NEC). […]