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Category: Business

NNPC Recorded N905bn Profit in June, Federation Remittances Hit N6.96tn in 5 Months
BusinessNews

NNPC Recorded N905bn Profit in June, Federation Remittances Hit N6.96tn in 5 Months

NEWS BAR NGJuly 22, 2025July 22, 2025

The Nigerian National Petroleum Company Limited (NNPC) yesterday announced a Profit After Tax (PAT) of N905 billion for its June…

Nigeria’s First E&P Seals Deal to Unlock Tanzania’s Oil Block
BusinessNews

Nigeria’s First E&P Seals Deal to Unlock Tanzania’s Oil Block

NEWS BAR NGJuly 21, 2025July 21, 2025

In a significant step toward advancing regional energy development in Sub-Saharan Africa, First Exploration & Petroleum Development Company (FIRST E&P)…

Babangida’s appointment to BOA Chairmanship to boost loan access for small scale farmers
BusinessNewsPolitics

Babangida’s appointment to BOA Chairmanship to boost loan access for small scale farmers

NEWS BAR NGJuly 20, 2025July 20, 2025

Nifemi Babasanmi   Salihu Dantata Mahmud,a former Abuja bureau chief of Jakande’s daily news and former Private personal assistant has described…

VFD Group Unveils Culture Framework, RIDEE with Elumelu, Announces Global Expansion Plans
BusinessNews

VFD Group Unveils Culture Framework, RIDEE with Elumelu, Announces Global Expansion Plans

NEWS BAR NGJuly 17, 2025July 17, 2025

VFD Group, a leading proprietary investment company, has formally launched its organizational culture framework, RIDEE (Respect, Inclusion, Dynamism, Execution and…

Only Africans Will Develop Africa, Dangote Tells Global CEOs
BusinessNews

Only Africans Will Develop Africa, Dangote Tells Global CEOs

NEWS BAR NGJuly 14, 2025July 14, 2025

President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has urged African entrepreneurs, business leaders and wealthy individuals to invest in…

GTCO, Zenith, Access, UBA, Ecobank Lead Nigeria’s Stock Market Rally in One Week
BusinessNews

GTCO, Zenith, Access, UBA, Ecobank Lead Nigeria’s Stock Market Rally in One Week

NEWS BAR NGJuly 13, 2025July 13, 2025

As domestic stock market extended its positive momentum, closing higher for the seventh consecutive week, six listed Tier-1 banks added…

Arewa Economic Forum: BDCs’ Recapitalisation Requirements Pose Threats to Northern Entrepreneurs
BusinessNews

Arewa Economic Forum: BDCs’ Recapitalisation Requirements Pose Threats to Northern Entrepreneurs

NEWS BAR NGJuly 11, 2025July 11, 2025

Arewa Economic Forum (AEF), yesterday, alleged that the new regulatory and supervisory guidelines for Bureau De Change (BDC) operations released…

Purple Lekki Cleared for Reopening by Lagos State Government
BusinessNews

Purple Lekki Cleared for Reopening by Lagos State Government

NEWS BAR NGJuly 11, 2025July 11, 2025

Following a thorough investigation conducted by the Lagos State Government in collaboration with all relevant regulatory agencies, Purple Lekki has…

Shell, TotalEnergies Expect First Oil, Gas Production from $5bn Bonga North, $550m Ubeta Fields by 2027
BusinessNews

Shell, TotalEnergies Expect First Oil, Gas Production from $5bn Bonga North, $550m Ubeta Fields by 2027

NEWS BAR NGJuly 8, 2025July 8, 2025

Multinational oil companies – Shell and TotalEnergies have announced that first oil and gas output from the $5 billion Bonga…

Banks Resume Dollar Transactions on Naira Debit Cards Amid Improved FX Liquidity
BusinessNews

Banks Resume Dollar Transactions on Naira Debit Cards Amid Improved FX Liquidity

NEWS BAR NGJuly 5, 2025July 5, 2025

Nigerian banks have once again started allowing customers to make international payments using their naira-denominated debit cards, following a long…

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