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Category: Business

Shell Kicks Off Turnaround Maintenance at 225,000bpd Bonga FPSO to Extend Asset’s Life
BusinessNews

Shell Kicks Off Turnaround Maintenance at 225,000bpd Bonga FPSO to Extend Asset’s Life

NEWS BAR NGFebruary 2, 2026

Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a turnaround maintenance activity at the Bonga Floating Production Storage…

IMF Ranks Nigeria Among 10 Top Contributors to Global GDP Growth
BusinessNews

IMF Ranks Nigeria Among 10 Top Contributors to Global GDP Growth

NEWS BAR NGFebruary 1, 2026

•Balance of power is changing, says Elon Musk A new report from the International Monetary Fund (IMF) has listed 10…

Transcorp Hotels Revenue Surges to ₦100bn in FY 2025, Gross Profit Jumps 49%
BusinessNews

Transcorp Hotels Revenue Surges to ₦100bn in FY 2025, Gross Profit Jumps 49%

NEWS BAR NGJanuary 31, 2026

  Transcorp Hotels Plc has posted a historic revenue of ₦97.04 billion for the 2025 financial year, representing a 38…

The Economist: After Painful Reforms, Nigeria’s Economy Bearing Results
BusinessNews

The Economist: After Painful Reforms, Nigeria’s Economy Bearing Results

NEWS BAR NGJanuary 31, 2026

  *Warns optimists to be cautious *Naira ends January stronger, closes at N1,391/$ on official mkt *Stock market begins 2026…

Glo Leads in Investments, Performance as NCC Sets New Standard for Telecoms
BusinessNews

Glo Leads in Investments, Performance as NCC Sets New Standard for Telecoms

NEWS BAR NGJanuary 30, 2026

Nigeria’s digital transformation continued to gain momentum as Nigerian Communications Commission (NCC) and Globacom (Glo) reinforced a powerful partnership built…

Sophos Expands to Secure Hybrid Work, Govern Employee AI Use
BusinessNews

Sophos Expands to Secure Hybrid Work, Govern Employee AI Use

NEWS BAR NGJanuary 26, 2026

Sophos, a global leader of innovative security solutions for defeating cyberattacks, has expanded its portfolio to help organisations secure hybrid…

At $46.01bn, Nigeria’s Foreign Reserves Hit Highest Peak Since 2018, Strengthen FX Buffers
BusinessNews

At $46.01bn, Nigeria’s Foreign Reserves Hit Highest Peak Since 2018, Strengthen FX Buffers

NEWS BAR NGJanuary 25, 2026

  *•Banks’ credit to the private sector drops by 2.8% to N75.8tn Nigeria’s external reserves have climbed to $46.01 billion,…

CSR: Communities Commend Dangote Cement Obajana Plant Director
BusinessNews

CSR: Communities Commend Dangote Cement Obajana Plant Director

NEWS BAR NGJanuary 23, 2026

The Plant Director of the Dangote Cement Plc, Obajana, Kogi State, Azad Nawabuddin, has received commendation from host communities for…

After Failed Chappal Deal, TotalEnergies to Sell 10% of Nigerian Stake to New Buyer
BusinessNews

After Failed Chappal Deal, TotalEnergies to Sell 10% of Nigerian Stake to New Buyer

NEWS BAR NGJanuary 15, 2026

French major, TotalEnergies, yesterday announced that it had signed a Sale and Purchase Agreement (SPA) to sell its 10 per…

TotalEnergies: Land Donors Protest Neglect, Marginalisation in Rivers
BusinessNews

TotalEnergies: Land Donors Protest Neglect, Marginalisation in Rivers

NEWS BAR NGJanuary 13, 2026

The Umu Aye family in Ogbogu, Ogba/Egbema/Ndoni Local Government Area of Rivers State has protested an alleged neglect and marginalisation…

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