Category - Business

Amazon to lay off 30,000 corporate staff as AI reshape operations 

2025 9 Months: BUA Cement’s profit triples to N290bn despite rising energy costs 

Capital Gains Tax: Taiwo Oyedele defends reforms, cites 90% positive investor feedback

Dangote Refinery gets full FG support to boost output to 1.4 million bpd 

Stanbic IBTC posts N150 billion Q3 pretax profit, on robust top-line 

Peter Obi faults Nigeria’s absence from IMF fastest-growing economies list 

Top 10 African startups that raised the most funding in September 2025 

Chinese firms invested over $1.3billion in Nigeria’s lithium sector – Alake

Nigeria spends $600 million importing palm oil yearly; Is there an opportunity here?

Afreximbank to launch financing window for Africa’s mineral processing projects 

Nigerian banks’ deposits with CBN hit record levels in one week  

Abbey Mortgage posts N670 million pre-tax profit in Q3 2025, beats forecast

Nigeria’s recurrent debt exceeds projection by N1.63 trillion in Q4 2024 – Budget Office 

Federal Ministry of Environment flags off 1Gov Cloud digitalisation programme 

Roxettes Group mulls relocating plants from Southeast to Lagos over insecurity  

LivingTrust Mortgage Bank records N255.6 million pre-tax profit in Q3 2025, up 7.04% 

IMTO inflows down $193.14 million in Q1 2025, miss remittance target

Canal+ takeover: MultiChoice to delist from Johannesburg Stock Exchange December 10  

Bank of Agriculture secures $200 million Livelihood Support Fund for displaced Nigerians  

Tinubu hails FATF for removing Nigeria from grey list, calls it reform milestone 

Tigran Gambaryan: Court sets November 27 for judgement in detention case against Nigeria

Aradel Holdings acquires 40% ND Western, deepens upstream footprint 

CGT: How Nigeria compares with other African countries 

FG approves uniform prices for Renewed Hope Housing units across the country

Smart Residences redeems N2.5billion Commercial Paper, strengthens position as Nigeria’s hospitality powerhouse

10 food items in Lagos with the sharpest price increases so far in 2025 

Digital ads to dominate 84% of Nigeria’s ad spend by 2029 

CapitalSage Holdings names seasoned banking professional, Nath Ude as Group CEO

VAT, CIT boost Nigeria’s non-oil revenue to N4.39 trilion in Q4 2024 

Meet the owners of major phone stores powering Nigeria’s smartphone boom

Stellar Steel to invest $450 million in Ogun, operations to start by mid-2026 

Cost of cooking jollof rice drops by 3.17% in Q3 2025 – SBM Intelligence  

TETFund to launch electric campus shuttles in 12 tertiary institutions by November 

55 Stories of Legacy and Impact at Leadway (Part 1)