Business

The Nigerian naira recorded a modest appreciation in the parallel foreign exchange market, trading at N1,376 against the U.S. dollar. The improvement reflects a slight recovery in…
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The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has emphasized the need for stronger collaboration among government agencies…
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Nigeria experienced a significant slowdown in oil exploration activities in April 2026, following a sharp decline in the number of active drilling rigs, according to figures released by…
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Nigeria’s capital market will officially transition to a T+1 settlement cycle from June 1, 2026, according to the Securities and Exchange Commission (SEC). The new system means that…
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Nigeria recorded a sharp decline in oil exploration activities in April 2026, with the number of active drilling rigs falling by 41.7 percent, according to new data released by the…
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U.S. President Donald Trump has revealed that he did not directly ask Chinese President Xi Jinping to pressure Iran over the ongoing tensions surrounding the Strait of Hormuz.…
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How does a declining military budget affect one of Africa’s largest economic hubs, and what opportunities does this provide for private investors in the continent’s most populous…
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Nigeria’s economy is showing signs of renewed momentum as the impact of recent economic reforms begins to soften, with analysts projecting growth of around 4 percent in the first…
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Despite a score of 21/100 on the Corruption Perception Index, Mozambique landed a $20 billion LNG deal anyway — the largest private investment in Africa. What does this reveal about how…
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Nigeria's Economic and Financial Crimes Commission (EFCC) has disclosed that it has exposed extensive fraudulent activities within the country's oil and gas industry. This revelation…
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