Business

Nigerian startup Alerzo says only scrap vehicles are being sold

Nigerian startup Alerzo says only scrap vehicles are being sold

B2B e-commerce startup Alerzo has debunked claims that it is selling its assets, noting that only scraps and faulty vehicles…
Zenith Bank, MTN lead market activity as All-Share Index dips 0.41% 

Zenith Bank, MTN lead market activity as All-Share Index dips 0.41% 

The Nigerian All-Share Index closed lower on 26 February 2026, shedding 802.4 points to settle at 193,567.8, slipping below the…
Kogi secures NEPZA license for Ajaokuta Economic City Free Trade Zone   

Kogi secures NEPZA license for Ajaokuta Economic City Free Trade Zone   

Kogi State has officially secured the Declaration License for the Ajaokuta Economic City Free Trade Zone, signaling the formal take-off…
Telecom pushes ICT GDP contribution to 10.07% in 2025 – NBS 

Telecom pushes ICT GDP contribution to 10.07% in 2025 – NBS 

Economic activities in the telecommunication industry boosted the contribution of the Information and Communication Technology (ICT) sector to the nation’s…
MMA2: Lagos–Abuja, Asaba, Port Harcourt Busiest Domestic Routes – Bi-Courtney COO

MMA2: Lagos–Abuja, Asaba, Port Harcourt Busiest Domestic Routes – Bi-Courtney COO

Murtala Muhammed Airport Terminal 2 (MMA2), Lagos, was the first airport terminal in Nigeria to be concessioned to a private…
Seplat announces US5 cents final and US3.3 cents special dividends for 2025  

Seplat announces US5 cents final and US3.3 cents special dividends for 2025  

Seplat Energy Plc has announced a final dividend of US5 cents and a special dividend of US3.3 cents per ordinary…
Sanwo-Olu unveils Invest Lagos 3.0 to boost capital mobilisation, trade 

Sanwo-Olu unveils Invest Lagos 3.0 to boost capital mobilisation, trade 

Governor Babajide Sanwo-Olu has announced the launch of Invest Lagos 3.0, the Lagos State Government’s flagship international investment platform for…
Manufacturing’s GDP contribution dips to 8.05% in real terms as output lags 

Manufacturing’s GDP contribution dips to 8.05% in real terms as output lags 

Nigeria’s manufacturing sector accounted for 8.05% of real GDP in 2025, down from 8.24% recorded in 2024.This was according to…
US–Israeli–Iran Tension: What it means for Nigerian stocks

US–Israeli–Iran Tension: What it means for Nigerian stocks

The United States and Israel on Saturday, February 28, 2026, launched direct strikes on Iran, marking a fresh escalation in…
NGX slams N378 million penalties on 13 insurers over reporting breaches

NGX slams N378 million penalties on 13 insurers over reporting breaches

The Nigerian Exchange (NGX) Limited has imposed N378 million in fines on 13 listed insurance companies for breaches related to…
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