President and Chief Executive of Dangote Industries Limited (DIL), Aliko Dangote, has commended the Federal Government for its economic reforms, saying they are beginning to restore...
Global ride-hailing company Uber has announced plans to wind down its operations in Nigeria and Uganda, effective Wednesday, September 2, 2026. In a statement, the company...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a sharp decline in profitability in July 2026, with profit after tax (PAT) falling to N279 billion...
The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday participated actively in the Africa Local Content Programme, a key event at the ongoing Africa Oil Week held in Accra, Ghana....
As Lagos continues to grow and available land becomes increasingly constrained, the way homes are developed across the city is also beginning to change. In some...
Lagos has a homeownership rate of 31%, with 51% of residents living in rented accommodation. This is according to a report by Fortren & Company. The...
Jim Obazee, President Bola Tinubu’s Special Investigator, has accused the Central Bank of Nigeria (CBN) Governor Olayemi Cardoso, of deceiving both the President and the National Assembly...
The cost of acquiring prime land in Lagos is now about US$1 million for 507 square metres, making it the second-most expensive among 11 major African...
The world’s 10 largest government bond markets are approaching a historic $100 trillion milestone, as governments turn increasingly to debt to finance public spending. The expansion...
Oando Plc, the multinational energy company, remains stuck in a cost-income structure that leaves little room for the profits needed to repair its more than ₦530...