Business

Nigeria’s oil revenue in the first half of 2025 missed budget targets by over 60 percent, raising concerns over fiscal stability and government funding.

Nigeria’s new tax laws set for 2026 are designed to ease compliance, stabilise revenue and strengthen fiscal planning across all levels of government.

Nigeria’s local fish output rose to 1.4 million metric tons, as reforms in fisheries and aquaculture begin to strengthen food security and cut import dependence.

Nigeria’s local content intervention funds have delivered over N51.8 billion and $360 million to indigenous oil and gas firms, lifting participation and asset ownership.

Aliko Dangote says claims that Donald Trump opposes the Dangote Refinery are unfounded, citing strong US crude supply ties and benefits to Nigeria’s fuel market.

Algeria tops the global list with $302 million in blocked airline funds, while IATA urges governments to lift restrictions to maintain airline operations.

Dangote Petroleum says the recent petrol price drop resulted from its own PMS pricing review, dismissing claims linking it to government tariff changes.

Fidson healthcare stake rise boosts Ayebae’s share value beyond $21 million as investors shift attention to Nigeria’s expanding local drug manufacturing sector

Ellah Lakes announces a $163 million capital raise to expand farmland and strengthen its agribusiness presence across Nigeria

Arthur Eze built Africa’s largest private oil acreage, but shifting politics and tighter oversight are now testing his long-running oil empire.