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Category: Business

DMO Announces ₦600bn FGN Bond Auction For May 2026
Business

DMO Announces ₦600bn FGN Bond Auction For May 2026

manonjules98May 13, 2026

  The Debt Management Office (DMO) has announced a fresh N600 billion Federal Government of Nigeria (FGN) bond auction for…

Alibaba Reports 18% Fall In Annual Net Profit
Business

Alibaba Reports 18% Fall In Annual Net Profit

hopticsMay 13, 2026

Chinese tech behemoth Alibaba posted an 18 percent drop in net profit during its most recent fiscal year on Wednesday,…

Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War
Business

Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War

Iggy JonesMay 13, 2026

  Vietnam ramped up imports of refined oil products from Nigeria and other countries after the outbreak of the Iran…

Nissan Expects Return To Profit After Huge Loss
Business

Nissan Expects Return To Profit After Huge Loss

hopticsMay 13, 2026

  Nissan projected Wednesday a small net profit this year after posting a huge loss for the second year running,…

REA, Partners Launch $188m Fund For 191MW Solar Capacity
Business

REA, Partners Launch $188m Fund For 191MW Solar Capacity

David BenjaminMay 13, 2026

  The Rural Electrification Agency (REA), UK PACT, First City Monument Bank (FCMB), and ARMHIIL have launched a Green Finance Investment…

Tinubu Hails $4.7bn Nigeria-France Trade Growth At Africa Forward Summit
Business

Tinubu Hails $4.7bn Nigeria-France Trade Growth At Africa Forward Summit

manonjules98May 13, 2026

  President Bola Tinubu has hailed the growing economic ties between Nigeria and France after bilateral trade between both countries…

Nigeria Will Spend About $11.6bn On Debt Servicing In 2026— Tinubu
Business

Nigeria Will Spend About $11.6bn On Debt Servicing In 2026— Tinubu

hopticsMay 13, 2026

  President Bola Tinubu has said that Nigeria will spend about US$11.6 billion on debt servicing in 2026. According to…

China-US Trade Talks Begin In South Korea
Business

China-US Trade Talks Begin In South Korea

manonjules98May 13, 2026

  Delegations from China and the United States met for trade talks in South Korea, Chinese state media reported Wednesday,…

India Hikes Gold, Silver Duties To Protect Sliding Rupee
Business

India Hikes Gold, Silver Duties To Protect Sliding Rupee

David BenjaminMay 13, 2026

  India has boosted its import tariffs on gold and silver in an effort to shore up the sagging value…

Nigeria Misses OPEC Production Quota Again
Business

Nigeria Misses OPEC Production Quota Again

hopticsMay 13, 2026

  Nigeria has again failed to meet its 1.5 million bpd crude oil production quota approved by the Organization of…

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Business

Dangote Turns Down NNPC Offer To Increase Stake In Refinery

Iggy JonesMay 14, 2026

  The President of the Dangote Group, Alhaji Aliko Dangote, on Wednesday said that the…

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Iggy JonesMay 14, 2026

  The Securities and Exchange Commission (SEC) has cautioned the public against increasing promotion of…

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Iggy JonesMay 14, 2026

  Madonna, Shakira, and K-pop megastars BTS will headline a Super Bowl-style half-time show at…

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Nigeria’s Reliance On Local Crude Supplies Booms, Imports Fell In April

David BenjaminMay 14, 2026

  Nigeria’s crude oil imports for domestic refining dropped in April 2026, as the country…

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  • Dangote Turns Down NNPC Offer To Increase Stake In Refinery
  • SEC Raises Alarm Over Influx Of Ponzi Schemes On Social Media, Warns Public
  • Madonna, Shakira, BTS To Headline First World Cup Final Half-Time Show
  • Nigeria’s Reliance On Local Crude Supplies Booms, Imports Fell In April
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