BUSINESS
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EU hits Temu with €200m Fine Over Illegal Product Risks
The European Commission’s action against Temu is not merely a penalty against one discount marketplace. It is a warning that…
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How Poor Electricity Supply is Pushing Small Businesses to the Brink
For many micro and small enterprises in Abuja’s satellite towns, unstable, poor electricity supply is no longer a mere inconvenience.…
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Cooking Gas Price Rise as FX Pressure, Depot Costs Squeeze Households
LPG retailers say rising cooking gas prices are being driven by exchange-rate volatility, depot costs, diesel-powered distribution and limited local…
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NEM Insurance Claims Payout Rises to ₦41.46bn in 2025
NEM Insurance paid ₦41.46 billion in gross claims in 2025, led by motor, fire, oil and gas and general accident…
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Okomu Oil Posts Strong 2025 Earnings as Palm Revenue Hits ₦172.6bn
Okomu Oil Palm Company delivered a strong 2025 performance, with palm products revenue rising 60.5% to ₦172.6 billion, profit expanding…
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ACCI Seeks Business-Friendly Reforms, End To Multiple Taxation
The Abuja Chamber of Commerce and Industry says Nigeria’s tax reforms must be implemented with clarity, fairness and strong stakeholder…
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Cardoso Rules Out Return to Costly Interventionist Central Banking
CBN Governor Olayemi Cardoso says the apex bank will not return to interventionist programmes that previously distorted its balance sheet,…
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NCAA Pauses Enforcement Action Against Indebted Airlines Amid Fuel Cost Pressure
The NCAA says its suspension of the “No Pay, No Service” directive is temporary and does not cancel airlines’ statutory…
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Over 3,000 Delegates Head to AfDB Annual Meetings to Focus on Africa’s $400bn Financing Gap
The AfDB’s 2026 Annual Meetings will bring more than 3,000 delegates to Brazzaville to examine how Africa can mobilise capital…
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Miyetti Allah Seeks FG Loans for Butchers to Reduce Beef Prices
Miyetti Allah says affordable loans for butchers would allow direct cattle purchases from farmers, reduce middleman margins and help bring…
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