Business

In today’s Nigeria, one uncomfortable truth has become glaring that the fiscal authority collects, but it does not build. It borrows, but it does not produce. It taxes, but it does not empower. For years, the Nigerian government has pursued fiscal policies more obsessed with revenue than with results.

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Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, says in the quest to build a prosperous Nigeria, the country must target an affordable, reliable and accessible energy regime for all.

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The Managing Director of CBI Digital Media Limited, Mr. Gbenga Adebija, has unveiled the CBI News Mobile App, describing it as a bold and transformative step toward redefining how news and information are created, shared, and consumed across Africa. The launch, held at the Lagos Marriott Hotel on 7th November, 2025, attracted captains of industry, members of the Baywood Group, …

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The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has commended the Federal Government’s decision to impose a 15% tax on imported petrol and diesel, describing it as a bold and strategic move that will stimulate economic growth, encourage local production, and create employment opportunities for Nigeria’s growing youth population.

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‎The Nigerian Exchange (NGX) on Tuesday witnessed its worst single-day loss since March 2020, shedding 5.01% of its value as investors lost N4.8 trillion.

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The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola has noted that effective Port State Control (PSC) is one of the most potent tools of ensuring global safety and maintenance of environmental standards in shipping

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In a demonstration of its commitment to corporate social responsibility, leading financial institution, Fidelity Bank Plc, has extended support to residents of the Makoko waterfront community in Lagos with the donation of boats, educational materials, food items and other essential relief items.

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thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde, has entered into a strategic agreement with Dangote Fertiliser Limited (DFL) to license its advanced UFT Fluid Bed Granulation Technology for four new urea granulation units in Nigeria.

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Nigerian Exchange Limited (NGX) has reinforced its role as a catalyst for capital formation with the launch of Ellah Lakes Plc's ₦235 billion Offer for Subscription.

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The Nigerian equities market closed lower on Monday as investors took profits in select stocks, yet overall market performance continues to reflect robust growth and investor confidence.

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