Business Archives - Page 16 of 20

Unilever Nigeria Posts 44% Revenue Growth and Doubles Profit to ₦31bn in 2025

January 27, 2026

Unilever Nigeria Plc has reported a significant improvement in its financial performance for the year ended December 31, 2025, posting a 44 per cent increase in revenue and doubling its profit after tax to ₦31 billion, the company said in its interim unaudited results. The company’s turnover rose to ₦215 billion in 2025 from ₦150...

FG Begins Fresh Mapping of Disputed Oil Fields Over 13% Derivation

January 27, 2026

The Federal Government of Nigeria, acting through the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has commenced a five-day exercise to plot the coordinates of newly drilled and disputed oil and gas fields on the boundaries of several oil producing states as part of efforts to clarify entitlement to the 13 per cent derivation fund....

CBN Upgrades Licences of Opay, Moniepoint and Other FinTechs to National Status

January 27, 2026

The Central Bank of Nigeria (CBN) has officially upgraded the operating licences of several major financial technology (FinTech) companies and microfinance banks (MFBs), including Opay and Moniepoint Microfinance Bank, to national status, allowing them to operate legally across all 36 states and the Federal Capital Territory. The announcement was made at the annual Committee of...

Anambra Weekly Loses N8bn as Sit‑At‑Home Disrupts Economy, Government Says

January 26, 2026

The Anambra State Government has stated that the state loses approximately N8 billion weekly because of persistent Monday sit‑at‑home orders, with the wider South‑East region losing about N19.6 billion in the same period, the Commissioner for Information, Law Mefor, said in a press statement. Mefor announced the figures on January 26, 2026, as part of...

NULGE Directs Members to Join FCTA Workers’ Strike Over Welfare Concerns

January 26, 2026

The Nigeria Union of Local Government Employees (NULGE), Federal Capital Territory (FCT) chapter, has instructed its members to withdraw services from January 27, 2026, in solidarity with the ongoing industrial action by workers of the Federal Capital Territory Administration (FCTA). The directive aligns local government employees with the broader labour protest over welfare issues. The...

Uba Sani to Build Nigeria’s Largest Inter-State Bus Terminal in Kaduna

January 25, 2026

Governor Uba Sani of Kaduna State has announced plans to construct what is being positioned as Nigeria’s largest inter-state bus terminal, a development he says will transform mobility, decongest urban traffic and create jobs, the governor said during a groundbreaking ceremony on Sunday, January 25, 2026. The terminal, to be built on 20 hectares of...

Fintech Launches Smart Payroll Tool as Nigeria Rolls Out New Tax Laws

January 25, 2026

A Nigerian financial technology (fintech) company has launched a payroll automation and tax compliance platform designed to help businesses adapt to the country’s new tax regime, the firm said as implementation of revised tax laws approaches at the end of January 2026. Paypaxe, the fintech behind the innovation, introduced the solution at a launch event...

Canadian Dollar to Naira Exchange Rate Today, January 23, 2026

January 23, 2026

The Canadian Dollar (CAD) maintained relative stability against the Nigerian Naira (NGN) in early trading on Friday, January 23, 2026, as currency markets in Nigeria continued to reflect a broader pattern of consolidation in foreign exchange conditions. Both official and parallel market rates showed limited volatility, supporting optimism among forex traders and remittance recipients. In...

EnterpriseNGR Projects Stronger Growth and Stability for Nigeria in 2026

January 23, 2026

Nigeria’s economy is set to experience greater stability in 2026, supported by continued reforms, improved policy coordination, and sectoral diversification, according to the 2026 Macroeconomic Outlook Report presented by EnterpriseNGR in Lagos on Thursday, January 22, 2026. The report, developed in collaboration with EY-Parthenon, highlights Nigeria’s transition from an adjustment phase to a more stable...

Nigeria’s 2026 Macroeconomic Outlook Sees Growing Stability, Reform Gains

January 23, 2026

Analysts have projected that Nigeria’s economy will build on ongoing reforms and exhibit greater macroeconomic stability in 2026, according to the 2026 Macroeconomic Outlook Report presented by EnterpriseNGR in Lagos on Thursday, January 22, 2026. The outlook flags positive trends in growth, inflation and confidence indicators, while urging sustained policy focus. The report, developed with...

1 … 14 15 16 17 18 … 20

ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

June 3, 2026

An ISWAP commander killed during ongoing military operations in Nigeria’s North-East was among at least 50 terrorists neutralised by troops of Operation Hadin Kai, according to military authorities. The operation, which targeted Islamic State West Africa Province (ISWAP) fighters and other insurgents, was carried out as part of intensified efforts to dismantle terrorist networks operating...

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

June 2, 2026

Teachers in Enugu State on Tuesday joined a nationwide solidarity rally organised by the Nigeria Union of Teachers (NUT), marching to the Government House in Enugu to demand the immediate release of abducted Oyo pupils and their teachers. The demonstration followed a directive from the national leadership of the union after the abduction of dozens...

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

June 2, 2026

The Oyo lawmakers defection trend gained momentum on Tuesday as six members of the House of Representatives from Oyo State formally left the Peoples Democratic Party (PDP) for the Allied Peoples Movement (APM). The lawmakers announced their departure during plenary at the House of Representatives, citing the prolonged internal crisis and leadership disputes within the...

What's hot

ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

Tinubu Re-Election Project Is My Number One Priority, Oborevwori Declares

Latest News

Unilever Nigeria Posts 44% Revenue Growth and Doubles Profit to ₦31bn in 2025

FG Begins Fresh Mapping of Disputed Oil Fields Over 13% Derivation

CBN Upgrades Licences of Opay, Moniepoint and Other FinTechs to National Status

Anambra Weekly Loses N8bn as Sit‑At‑Home Disrupts Economy, Government Says

NULGE Directs Members to Join FCTA Workers’ Strike Over Welfare Concerns

Uba Sani to Build Nigeria’s Largest Inter-State Bus Terminal in Kaduna

Fintech Launches Smart Payroll Tool as Nigeria Rolls Out New Tax Laws

Canadian Dollar to Naira Exchange Rate Today, January 23, 2026

EnterpriseNGR Projects Stronger Growth and Stability for Nigeria in 2026

Nigeria’s 2026 Macroeconomic Outlook Sees Growing Stability, Reform Gains

Must Read

Digital Identity Expansion Positions NIN as a Platform for Financial Inclusion

Lagos Creative Ecosystem Ignites Innovation at CcHUB Gathering

New Vice Chancellor Sets Reform Agenda for Alex Ekwueme Federal University

Senate Hearing on Death Penalty Reopens Debate on Justice and Public Safety

Popular Posts

ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

Get in Touch

Most popular

Education

Governance

Technology

Uncategorized

Links