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in BusinessFG Empowers Young Entrepreneurs: 100 Youths Receive ₦1m Each Under Nigerian Youth Academy Gigs Initiative
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Federal Government has intensified its drive to empower young Nigerians through the Nigerian Youth Academy Gigs Initiative, a programme designed to equip youths with practical skills, digital competencies, and financial support to scale their businesses. The initiative, organised by the Federal Ministry […] More
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in Business
NNPC E&P Sets 36-Year Record With 355,000 bpd Output, Signals Nigeria’s Energy Comeback
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria’s drive toward energy resurgence received a major boost as NNPC E&P Limited (NEPL), the upstream subsidiary of NNPC Limited, announced a historic production milestone of 355,000 barrels per day (bpd)—its highest daily output since 1989. A statement released on Tuesday by Andy […] More
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in Business
Nigeria’s Forex Reserves Break Six-Year Record, Soar Above $45bn as CBN Strengthens FX Position
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria’s foreign exchange reserves have surged to a historic six-year high, crossing the $45 billion mark for the first time since 2019, according to the latest figures released by the Central Bank of Nigeria (CBN). Fresh CBN data shows that the reserves now […] More
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in Business
CAC Sets January 1 Deadline for Mandatory Registration as Nationwide Crackdown on Unregistered POS Operators Begins
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Corporate Affairs Commission (CAC) has announced a sweeping nationwide enforcement action targeting all unregistered Point of Sale (POS) operators, warning that any operator not duly registered by January 1, 2026, will be shut down and their terminals seized. In a public notice […] More
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in BusinessNigeria Partners Boeing to Build World-Class Aviation MRO Hub
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria has taken a major step toward transforming West Africa into a competitive force in global aviation, unveiling a strategic partnership with U.S. aerospace giant Boeing to establish one of Africa’s most sophisticated Maintenance, Repair, and Overhaul (MRO) facilities. The initiative marks a […] More
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in Business
NNPC Foundation Crowned Most Responsible Organisation in Africa, Sweeps Five Major Awards at SERAS 2025
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Nigerian National Petroleum Company Limited (NNPC Ltd), through its corporate social responsibility arm, NNPC Foundation Limited/Gte, has been named the Most Responsible Organisation in Africa at the 19th SERAS Africa Sustainability Awards held in Lagos. At the prestigious ceremony themed “Sustainability 2.0: […] More
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in BusinessNNPC Ltd Announces Record ₦5.4 Trillion Profit, Launches $60bn Investment Plan to Boost Nigeria’s Oil & Gas Future
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow NNPC Limited has posted a landmark Profit After Tax of ₦5.4 trillion for the full year ended 2024, reaffirming its position as Nigeria’s leading energy powerhouse and one of Africa’s most profitable state-owned enterprises. A statement signed by Andy OdehChief Corporate Communications Officer, […] More
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in Business
Global Investment Giant Maser Group Expands in Africa as $500m Fund Targets Nigeria’s Infrastructure, Tech and Mining Sectors
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow MDR Investments, the investment powerhouse under the Maser Group, is rapidly strengthening its footprint across Africa, positioning itself as one of the continent’s most influential development financiers. With an active $500 million fund and cumulative investment capacity of up to $2 billion, the […] More
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in Business
FCCPC Sets January 5 Deadline for Digital Loan Apps to Comply with New Lending Regulations in Nigeria
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Federal Competition and Consumer Protection Commission (FCCPC) has announced January 5, 2026, as the official deadline for all digital lending platforms and intermediaries in Nigeria to comply fully with its new consumer credit and lending regulations aimed at promoting fairness, transparency, and […] More
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in Business
Nigeria Receives First Dry-Leased Boeing 737-700 in Over a Decade as Air Peace Becomes First Beneficiary
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In a historic development for Nigeria’s aviation industry, the country has received its first dry-leased Boeing 737-700 aircraft in more than 10 years, supplied by global leasing giant Aercap Holdings, with Air Peace emerging as the first beneficiary of the milestone initiative. The […] More
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in Business
26,000 Youths Empowered in Agribusiness, $30m Invested in First Phase Of LIFE-ND Project Says IFAD Country Director
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The International Fund for Agricultural Development (IFAD) on Thursday disclosed that it invested over $30m in the first phase of the Livelihood Improvement Family Enterprises —Niger Delta (LIFE-ND) project with over 26,000 youths as beneficiaries, while 4,380 others are currently being enlisted in […] More
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in Business
The Capital Gains Tax Debate
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow A debate is currently raging in the market over the recently imposed Capital Gains Tax (CGT) on the Nigerian stock market. Set to take effect in 2026 as part of the new Tax Act, many argue the tax is unwarranted at this time. […] More
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