28.1 C
Lagos
Sunday, January 11, 2026

CATEGORY

Business

Nigeria’s bamboo gamble amid soaring construction costs

By Jennifer Odii Nigeria's construction sector is grappling with a profound crisis, driven by the trio pressures of persistent hyperinflation, import dependency and the precipitous...

House of Reps recovers N86.5b debt from oil companies, awaits N731b from Aiteo, Conoil, Heirs Holdings, others

Oil Revenue Recovery: House of Reps Committee Warns 13 Non-Compliant Companies of Sanctions, as Recovered Funds Reach N86.5bn The House of Representatives Public Accounts Committee...

Nigerians pay more for food in May as inflation rises despite easing headline rate

Nigerians spent more on food in the month of May as the month-on-month food inflation rose to 2.19% in May 2025, up from 2.06%...

Dangote Refinery’s new fuel distribution model rattles sector: It will kill us, claim marketers

Dangote's Refinery new petroleum products distribution model may favour the average Nigerian, but other retail outlets are crying blue murder that it is a...

Here we go, again: Tinubu seeks NASS approval for $21.5m, ¥15bn loans, €65m grant for economic interventions

Tinubu Seeks NASS Approval for $21.5m, ¥15bn Loans, €65m Grant for Economic Interventions President Bola Ahmed Tinubu has asked the National Assembly to approve his...

Sad: 80% of Nigeria’s startups are serving U.S. Interests: Way out

By Abdulrazaq Hamzat In today’s digital age, innovation is the new oil. Startups are the engines of economic growth, job creation, and technological advancement. Nigeria, often hailed...

How N600b debt, others hinder power supply and 2,000MW lie unused, by NDPHC boss

Management of Niger Delta Power Holding Company (NDPHC) Limited has lamented the poor uptake of electricity from the electricity market saying this is significantly...

Dangote reveals FG earns 52kobo from every N1 generated by his cement company

By Ochowechi Elijah The Dangote Group founder, Aliko Dangote, asserted that the Nigerian government receives 52 kobo for each N1 made from the manufacture and...

Tax Reform Bill passage: New tax laws, better Nigeria

By Arabinrin Aderonke Nigeria must work; this is the vision we have held onto for so long. When the news came that the Senate had...

MultiChoice: Court affirms FCCPC’S power to investigate exploitative price hikes, Tunji Bello welcomes judgement

The Federal High Court in Abuja has struck out the suit filed by MultiChoice Nigeria Limited seeking to restrain the FCCPC from investigating its...

Latest news