Business

Explainer: Three reasons why the CBN cut MPR rates to 26.5%

Explainer: Three reasons why the CBN cut MPR rates to 26.5%

The Central Bank of Nigeria’s Monetary Policy Committee voted to cut the benchmark Monetary Policy Rate by 50 basis points…
NGX suspends trading on Zichis Agro-Allied shares after 772% surge 

NGX suspends trading on Zichis Agro-Allied shares after 772% surge 

The Nigerian Exchange Limited (NGX) has suspended trading in the shares of Zichis Agro-Allied Industries Plc pending the outcome of a…
Top 10 largest cinemas in Nigeria by revenue

Top 10 largest cinemas in Nigeria by revenue

The Nigerian box office has recorded over N30 billion in gross revenue over the last three years.Between 2023 and 2025,…
Peter Obi faults JAMB CBT centres ban, says students risk missing exam

Peter Obi faults JAMB CBT centres ban, says students risk missing exam

Former presidential candidate Peter Obi has criticised the Joint Admissions and Matriculation Board (JAMB) for banning several CBT centres across Nigeria, warning that administrative failures…
Guinness Nigeria recovers in 2025:  May return to dividend in 2026 

Guinness Nigeria recovers in 2025:  May return to dividend in 2026 

Guinness Nigeria Plc released its 18-month 2025 audited results, ending December 31, 2025, posting an impressive rebound.The company posted a…
Nigeria tops Grenada Citizenship applications in Q4 2025 

Nigeria tops Grenada Citizenship applications in Q4 2025 

Nigeria has recorded the highest number of Grenada citizenship applications for the fourth quarter of 2025.This is according to a data report by Investment Migration Agency (IMA) for Q4 2025.The statistics showed that Nigerians accounted…
Goldman Sachs raises Brent price outlook to $60 in Q4 2026

Goldman Sachs raises Brent price outlook to $60 in Q4 2026

Investment banking giant Goldman Sachs has revised its oil price outlook upward, projecting that Brent crude will average $60 per…
NNPC faces liquidity concerns after Tinubu’s oil revenue executive order – Analysts

NNPC faces liquidity concerns after Tinubu’s oil revenue executive order – Analysts

Analysts have raised concerns that the recent executive order signed by Bola Tinubu mandating the direct remittance of oil and…
Bitcoin slides toward $64,000 as US tariff uncertainty rattles crypto markets 

Bitcoin slides toward $64,000 as US tariff uncertainty rattles crypto markets 

Bitcoin fell sharply in early Asian trading on Monday as renewed uncertainty over United States tariff policy rattled global markets,…
Gunmen kill 50, abduct women in Zamfara

Gunmen kill 50, abduct women in Zamfara

At least 50 people were killed and several women and children abducted after armed men attacked a village in Zamfara…
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