Business

  Nigeria exported crude oil worth $1.34bn to the United States in the first five months of 2025, maintaining the country’s position as America’s leading African oil supplier.   Figures from the U.S. Census Bureau and Bureau of Economic Analysis show that the US purchased a total of 17.39 million ...

  Stock market investors traded 17.498 billion shares worth N500.762 billion in 142,082 transactions this week on the floor of the Nigerian Exchange.   This contrasts with 5.390 billion shares valued at N107.811 billion traded last week across 134,390 transactions.   As a result, the transaction value on the Exchange ...

  Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 202     In recognition of its position as a digital pioneer in the African banking landscape, Africa’s first fully digital bank, ALAT, a trailblazing digital platform pioneered by Nigeria’s oldest indigenous and most innovative bank, ...

  Political heavyweights and captains of industry have applauded the appointment of a former Minister of Works, Senator Adedayo Adeyeye, as Chairman of the Board of the Nigerian Ports Authority by President Bola Tinubu.   They paid tributes to the ex-minister at an event held in his honour in Abuja ...

  The Association of Licensed Telecommunications Operators of Nigeria has issued an urgent call for government and security intervention as a wave of vandalism and theft targeting critical infrastructure threatens to disrupt services nationwide.   The Chairman of ALTON, Gbenga Adebayo, said in a statement on Thursday that the surge ...

    British inflation jumped unexpectedly to an 18-month high in June, official data showed Wednesday, heaping more pressure on the government and the UK economy. The Consumer Prices Index increased to 3.6 per cent last month compared with an annual inflation rate of 3.4 per cent in May as ...

  The Niger Delta Development Commission has alerted members of the public to a fake skills acquisition training purportedly sponsored by the commission.   The commission urged the public to disregard such claims by a group that is accusing the NDDC of not keeping to its promise to pay trainees ...

  The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said that the Federal Government, under the leadership of President Bola Tinubu, is committed to making Nigeria a gas-powered economy, having declared a decade of gas utilisation.   Ekpo said in Uyo on Monday while giving his remarks ...

    The president of the Money Lenders Association, Mr Gbemi Adelekan, has urged Micro, Small, and Medium Enterprises to adopt a healthy credit lifestyle in a bid to have access to financial opportunities for business growth.   In a statement on Monday, he said he has noticed a trend, ...

  Most Asian markets rose on Monday as investors digested Donald Trump’s latest trade war salvos that saw him threaten to hit the European Union and Mexico with 30 per cent tariffs.   Hong Kong, Shanghai, Sydney, Seoul, Singapore, Manila and Jakarta all rose, with Tokyo, Wellington and Taipei edging ...