Business News

IRANIAN RIAL CRASHES TO RECORD LOW OF 2.2 MILLION PER US DOLLAR

Currency loses further ground as economic pressure and regional tensions deepen Iran’s rial has fallen to a new record low of about 2.2 million rials...

AFRICA MUST STOP EXPORTING RAW MATERIALS, ADD VALUE LOCALLY — AfCFTA

Nigeria’s AfCFTA coordinator calls for industrialisation, value addition and stronger intra-African trade Africa must urgently move away from exporting raw materials and instead develop the...

PRESCO POSTS ₦122.2BN PROFIT BEFORE TAX IN H1 2026, PROPOSES ₦10 INTERIM DIVIDEND

Presco Plc has reported a 9.3 per cent increase in profit before tax (PBT) to ₦122.2 billion for the...

SAPELE SET TO GET FIRST UNIVERSITY AS GODDAY EREWA UNIVERSITY NEARS TAKE-OFF

New private university to offer programmes in computing, health sciences, management and social sciences Sapele in Delta State is set...

EDO URGES INVESTORS TO TAP DECENTRALISED POWER REFORMS, TARGETS INDUSTRIAL GROWTH

OKPEBHOLO GOVERNMENT PROMOTES 100MW OLOGBO POWER PROJECT, RENEWABLE ENERGY AND PRIVATE SECTOR INVESTMENT The Edo State Government has called on...

NIGERIAN BUSINESSMAN MATTHEW TONLAGHA HONOURED WITH TWO INTERNATIONAL AWARDS IN LIBERIA

Oil and Gas Executive Recognised for Philanthropy, Humanitarian Service and Corporate Leadership Nigerian oil and gas industry leader and philanthropist,...

FGN/BOI OPENS APPLICATION PORTAL FOR ₦75 BILLION MSME INTERVENTION FUND

Federal Government Launches Financing Scheme to Support Growth of Registered Small Businesses Across Nigeria The Federal Government, in collaboration with...

NASARAWA DEPUTY GOVERNOR LEADS CRACKDOWN ON ILLEGAL MINING, ARRESTS FOREIGN SUSPECTS

Security Operatives Seize Suspected Minerals, CCTV Cameras and Mining Equipment in Kokona Raid The Deputy Governor of Nasarawa State, Dr....