Business

3538 Articles
Energy

NNPC Ltd Generates N4.36trn Revenue, Posts N502bn PAT in November 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has generated ₦4.36 trillion in revenue and recorded a Profit After Tax (PAT) of ₦502...

Fraud

Alleged Terrorism Financing: EFCC Arraigns Bauchi Commissioner, Three Others for $9.7m

The Economic and Financial Crimes Commission, EFCC, on Wednesday, December 31, 2025, arraigned Bauchi State Commissioner for Finance, Yakubu Adamu, Balarabe Abdullahi Ilelah,...

Insurance World

Mutual Benefits Settles N35.3bn Claims in Nine Months, Amid Tough Economy

BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc, said it paid a  total of N35.3 billion in claims to policyholders from January to September 2025....

Fraud

Alleged N8.7bn Money Laundering : EFCC Arraigns Malami, Wife, Son in Abuja Court

The Economic and Financial Crimes Commission, EFCC, on Tuesday, December 30, 2025 arraigned the immediate past Attorney-General of the Federation and Minister of...

Money

Nigeria’s Economic Activity Hits Five-Year High as PMI Rises to 57.6 in December

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has reported a further strengthening of domestic economic activity in December 2025, as the Composite...

Money

Nigeria Posts $4.6bn Balance of Payments Surplus in Q3 2025 — CBN

BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria (CBN), has said Nigeria has recorded an overall Balance of Payments (BOP) surplus of $4.60 billion in...

Technology

NCC Orders Licensees to Regularise Unapproved Shareholding Changes Within 45 Days

The Nigerian Communications Commission (NCC) has issued a directive requiring all telecommunications licensees that have implemented changes exceeding 10 per cent in their...

Money

New Tax Laws Will Begin Jan 1, 2026-Tinubu

The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1,...