Business

BusinessNews

Tinubu, Nigeria’s Petroleum Minister to Approve 10-Month-old Tech Firm as Winner of Oil Block Bid – Outbids Major Companies.

The unexpected success of a Lagos-based technology firm in Nigeria’s oil block bidding has sparked speculation about the federal government’s influence in the...

Dangote Refinery Halts Naira
BusinessNews

Dangote Refinery Halts Naira Sales Despite NNPC’s Denial of Naira-for-Crude Contract Cancellation

Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in naira, citing challenges in balancing crude oil purchase obligations with sales...

Niger Expels Chinese Executives
BusinessNews

ICYMI: Niger Expels 3 Chinese Oil Executives, Shuts Down Chinese-Owned Hotel In Niamey

According to local media and official sources, The Nigerien government expelled three Chinese oil company executives and revoked the operating licence of a...

Pfizer Shuts Down Nigeria
BusinessNews

Pfizer Shuts Down Commercial Operations in Nigeria, Lays Off Employees

Global pharmaceutical giant Pfizer has shut down its commercial operations in Nigeria, rendering its commercial employees redundant, according to internal company correspondence obtained...

Reports emerging just a few days after recent allegations against the Nigerian National Petroleum Company Limited by Alhaji Aikko Dangote, founder of Dangote Petroleum Refinery,
BusinessNews

Despite Non-Renewal of Naira-for-crude Contract, NNPC Insists Policy Not Yet Cancelled

The Nigerian National Petroleum Company Limited (NNPC) has announced that its six-month naira-for-crude agreement with Dangote Refinery is set to expire at the...

BusinessNews

Pay More, Get Less: Nigerians Complain of Fast-Draining Data and Poor Network

Nigerians lament that network quality has significantly deteriorated despite paying more for telecommunications services. Many subscribers report frequent service disruptions, slow internet speeds,...

New Haven Enugu
BusinessNews

Enugu Assembly Moves to Regulate Rent, Scrap Caution Fees in New Bill

The Enugu State House of Assembly has introduced a bill seeking to regulate rent and address arbitrary housing charges. The Landlord and Tenant...

MultiChoice increase subscription prices
BusinessNews

MultiChoice Hikes DStv, GOtv Subscription Prices Again, Citing Inflation

MultiChoice Nigeria has announced another increase in the subscription prices for its DStv and GOtv packages, effective March 1, 2025. The company attributed...

BusinessCultureExclusive

Navigating Nigeria’s Job Crisis, Stories From A Generation In Limbo

Nigeria’s youth unemployment crisis is a paradox of numbers and lived realities. While official statistics suggest a slight improvement, youth unemployment fell to...

Niger Mining Permits Companies
BusinessNews

Niger Awards 2 Mining Permits To National Companies For Copper And Uranium Extraction

The Nigerien government has awarded two new mining permits to national copper and uranium extraction companies, reinforcing its commitment to the mining sector...

BusinessNews

Tanzania Overtakes Nigeria as Africa’s Second-Largest Maize Producer – Without GMOs

Tanzania has officially surpassed Nigeria to become Africa’s second-largest maise producer. The country recorded an output of 11.7 million tonnes in the 2023/24...

Barrick Gold and Mali
BusinessNews

Barrick Gold Agrees to $438 Million Deal to Restart Mining in Mali, Report Says

Barrick Gold has agreed to pay $438 million to settle its long-running conflict with the Malian government. The Canadian mining company has reportedly...