Business

Nigeria Grants Shell $11.50-a-Barrel Tax Credit to Unlock $20 Billion Bonga Investment

Nigeria Grants Shell $11.50-a-Barrel Tax Credit to Unlock $20 Billion Bonga Investment

Nigeria is offering Shell and its partners a production-linked tax credit of $11.50 for every barrel expected from the proposed…
FG Invests $75 Million in Flutterwave to Support Planned $250 Million IPO

FG Invests $75 Million in Flutterwave to Support Planned $250 Million IPO

The Federal Government has approved a $75 million equity investment in Flutterwave as part of efforts to support the company’s…
UAC Nigeria Appoints Adebolanle Badejo to UPDC Board

UAC Nigeria Appoints Adebolanle Badejo to UPDC Board

UAC of Nigeria Plc has appointed its Group Investment Director, Adebolanle Badejo, to the board of UPDC Plc as part…
Dangote Refinery Moves Local Fuel Pricing to Dollars as Crude Supply Falls Short

Dangote Refinery Moves Local Fuel Pricing to Dollars as Crude Supply Falls Short

Nigeria’s downstream petroleum market is facing renewed foreign-exchange pressure after the Dangote Petroleum Refinery introduced dollar-denominated prices for petrol, diesel…
Nigeria’s Online Gambling Market amid Rising Mobile Adoption

Nigeria’s Online Gambling Market amid Rising Mobile Adoption

Nigeria’s online gambling market is gaining momentum as rising mobile adoption and expanding digital payment infrastructure reshape user behaviour and…
Federal High Court Orders Final Forfeiture of 48 Properties Linked to Malami

Federal High Court Orders Final Forfeiture of 48 Properties Linked to Malami

The Federal High Court in Abuja has ordered the permanent forfeiture of 48 properties linked to former Attorney-General of the…
Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 15, 2026

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 15, 2026

The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, remained relatively stable…
Brent Nears $87 as Renewed US-Iran Hostilities Deepen Global Supply Fears

Brent Nears $87 as Renewed US-Iran Hostilities Deepen Global Supply Fears

Crude oil prices extended their rally on Wednesday as renewed hostilities between the United States and Iran disrupted the recovery…
CBN Records Strong Demand for 364-Day Bills as Subscriptions Exceed N2.8 Trillion

CBN Records Strong Demand for 364-Day Bills as Subscriptions Exceed N2.8 Trillion

Investor participation in Nigeria’s Treasury bills market strengthened significantly at the latest primary market auction with total subscriptions climbing above…
Nigerians React as X Boosts Posts From Mutual Followers

Nigerians React as X Boosts Posts From Mutual Followers

Nigeria’s X users found a more familiar timeline on Tuesday as posts from long-standing mutuals resurfaced, prompting visibility tests, jokes…
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