Business & Economy Desk

CBN Cuts Interest Rate From 26.5% to 23%
The CBN has reduced its benchmark interest rate from 26.5% to 23%, a 350-basis-point cut aimed at easing monetary conditions amid moderating inflation…

Dangote Refinery IPO Sparks Memes Over Employee Salary Structure
Dangote Refinery’s ongoing IPO has generated fresh online buzz, with social media users combining investment discussions with memes over the company’s…

Osun Government Secures New Mining Deal to Boost Economy
The Osun State Government has secured a new mining partnership with the Critical Minerals Financing Corporation Plc as part of efforts to unlock the v…

Dangote Jumps From 76th to 36th Richest Man in the World Within 24 Hours
Nigerian billionaire Aliko Dangote has reportedly moved from 76th to 36th on the global billionaire ranking within 24 hours following a sharp increase…

Nigerian Banks Activate Channels for Customers to Subscribe to Dangote Refinery IPO
Nigerian banks, including UBA, FirstBank, Zenith Bank and Lotus Bank, have activated subscription channels for customers and eligible investors to par…

Dangote Refinery IPO Opens for Subscription at ₦525 Per Share
The Dangote Petroleum Refinery IPO is now open, offering investors an opportunity to acquire shares in the major industrial project for as little as ₦…

Atiku Faults FG’s Vienna Bond Plan, Says Borrowing Accelerating as Factories Suffocate
Former Vice-President Atiku Abubakar has criticised the Federal Government’s rising borrowing, questioning its proposed Vienna-listed bond while warni…

PRESS DISCUSSION: The History of OPay
OPay has become a familiar name in Nigeria’s financial landscape, but its journey began in 2018 as an Opera-incubated fintech venture. This Press Disc…


Tinubu Urges NLNG to End Gas Flaring, Boost Domestic Economic Benefits
President Bola Tinubu has challenged the Nigeria LNG Limited to end gas flaring and prioritise domestic utilisation of the country’s gas resources, sa…

Okin Biscuits Resumes Production After 17 Years
Okin Biscuits, Okin Biscuit production, Okin Biscuits resumes production, Okin Biscuits Offa, Kwara State, Nigerian brands, Nigerian manufacturing, bi…

NAFDAC Orders Recall of Sachet, Small PET Alcoholic Drinks, Threatens Sanctions
NAFDAC has ordered the nationwide recall of alcoholic beverages packaged in sachets and PET bottles below 200ml, warning manufacturers and distributor…