Business – Page 4 – Green Horizon News

Five Online Side Hustles Nigerians Can Try for Extra Income in 2026

February 8, 2026

Nigerians seeking extra income online in 2026 can explore a range of digital side hustles that can be done remotely from a laptop or home office. Side hustles remain a popular way to supplement income alongside a full-time job or small business. For those interested in online opportunities in 2026, several niche hustles tap into...

Toyota Raises Profit and Sales Forecast for Fiscal Year

February 7, 2026

The Japanese automaker now expects a net profit of ¥3.57 trillion (about $22.8 billion) for the year ending March 31, 2026, up from its earlier projection of ¥2.93 trillion. Operating profit is forecast to reach ¥3.8 trillion, compared with the prior estimate of ¥3.4 trillion. Sales revenue is projected at ¥50 trillion, slightly higher than...

Ecobank Profit Rises 29% to N950bn in 2025 Financial Year

February 7, 2026

Ecobank Transnational Incorporated has reported a 29 percent increase in profit after tax to N950.0bn for the financial year ended December 31, 2025, compared with the previous year. The pan‑African banking group filed its Condensed Consolidated Unaudited Financial Statements for 2025 with the Nigerian Exchange Limited. The results showed a marked improvement in several key...

FG Issues Deadlines to Chinese Road Contractors Over Delays and Substandard Work

February 7, 2026

The Federal Government has issued stern warnings and strict deadlines to China Harbour Engineering Company and its sister firm, China Harbour Operation and Maintenance Company, over delays and substandard work on several federal road contracts. The directives followed a high‑level meeting chaired by the Minister of Works, Senator David Umahi, at the Ministry’s headquarters in...

Lagos Understudies NERC to Strengthen Power Regulation in State

February 7, 2026

The Lagos State Electricity Regulatory Commission has started a process of understudying the Nigerian Electricity Regulatory Commission to strengthen electricity market regulation in Lagos State. The development was disclosed in a statement released by the Nigerian Electricity Regulatory Commission on February 6, 2026. The announcement followed a courtesy visit by board members of the Lagos...

Business

Transcorp Power Reports 30% Revenue Growth to N398bn in 2025

February 6, 2026

Transcorp Power Plc has reported a 30 percent year‑on‑year increase in revenue to N398.27bn for the financial year ended December 31, 2025, compared with N305.94bn in 2024. The audited results were released by the power generation company, a subsidiary of Transnational Corporation Plc, on February 6, 2026. The performance reflects growth across key financial indicators...

Coastal Logistics Could Push Petrol Prices Close to N1,000 Per Litre in Nigeria

February 6, 2026

Dangote Petroleum Refinery has warned that continued reliance on coastal delivery of petroleum products could push petrol prices close to N1,000 per litre in Nigeria. In a statement on February 5, 2026, the refinery outlined its concerns about the cost implications of coastal logistics for petrol distribution. Dangote emphasised the importance of efficient evacuation methods...

Tax Reforms May Reshape Nigeria’s Real Estate Sector, Say Stakeholders

February 6, 2026

Experts in Nigeria’s real estate sector have said that federal tax reforms may change dynamics in the industry by affecting rent costs, property prices, and investment patterns. The remarks were made on February 6, 2026, in Lagos at the 10th AlphaCrux Real Estate Outlook Conference. The event focused on industry resilience in a global economic...

Adedeji Says Nigeria Must Move Beyond Raw Material Exports to Broaden Economic Base

February 6, 2026

Dr. Zacch Adedeji, Chairman of the Nigeria Revenue Service (NRS), has said that Nigeria’s reliance on exporting raw materials and a narrow product base limits the country’s economic growth and integration into global value chains. His remarks were made during the maiden Distinguished Personality Lecture of the Faculty of Administration at Obafemi Awolowo University, Ile-Ife,...

Business

Shell Reports £17.84bn Year‑End Profit Despite Global Market Slump

February 5, 2026

Shell plc, the London‑listed oil and gas company, reported a year‑end profit of £17.84 billion ($18.5 billion) for the 2025 financial year, the company said in its full‑year financial results, maintaining profitability despite a downturn in global oil prices and broader market challenges. The results were published as energy markets experienced volatility and price declines....

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Nigeria Customs Denies Reports of Exchange Rate Manipulation on B’Odogwu

February 26, 2026

The Nigeria Customs Service has clarified that its Unified Customs Management System, known as B’Odogwu, does not in any way generate, substitute for, or alter foreign exchange rates used in cargo clearance valuation. The statement was made by the National Public Relations Officer of the Nigeria Customs Service, Abdullahi Maiwada, in a press release on...

Nigeria Revamps Air Cargo to Boost Non‑Oil Exports

February 26, 2026

Efforts to strengthen Nigeria’s non‑oil export capacity are taking shape through reforms in the air cargo sector that focus on infrastructure, logistics efficiency and revenue processes, industry sources say. Nigeria’s non‑oil export sector has long faced logistical challenges that limit the competitiveness of agricultural and other export goods. The Federal Airports Authority of Nigeria has...

Gov Aiyedatiwa vs Ondo NASS Members: Tension Over 2027 Return Tickets Intensifies

February 26, 2026

The reported cold war between Ondo State Governor Lucky Aiyedatiwa and the state’s National Assembly members over return tickets ahead of the 2027 general elections deepened, a party source said. The development was disclosed in Akure amid ongoing political activities in Ondo State. The disagreement centres on the prospects of sitting federal lawmakers from the...

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Nigeria Customs Denies Reports of Exchange Rate Manipulation on B’Odogwu

Nigeria Revamps Air Cargo to Boost Non‑Oil Exports

Gov Aiyedatiwa vs Ondo NASS Members: Tension Over 2027 Return Tickets Intensifies

Makinde, Kwankwaso Hold Closed-Door Meeting in Ibadan

Latest News

Five Online Side Hustles Nigerians Can Try for Extra Income in 2026

Toyota Raises Profit and Sales Forecast for Fiscal Year

Ecobank Profit Rises 29% to N950bn in 2025 Financial Year

FG Issues Deadlines to Chinese Road Contractors Over Delays and Substandard Work

Lagos Understudies NERC to Strengthen Power Regulation in State

Transcorp Power Reports 30% Revenue Growth to N398bn in 2025

Coastal Logistics Could Push Petrol Prices Close to N1,000 Per Litre in Nigeria

Tax Reforms May Reshape Nigeria’s Real Estate Sector, Say Stakeholders

Adedeji Says Nigeria Must Move Beyond Raw Material Exports to Broaden Economic Base

Shell Reports £17.84bn Year‑End Profit Despite Global Market Slump

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Nigeria Customs Denies Reports of Exchange Rate Manipulation on B’Odogwu

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Gov Aiyedatiwa vs Ondo NASS Members: Tension Over 2027 Return Tickets Intensifies

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