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Category: Business

S&P Global to Revise Ecobank Nigeria’s Outlook to Stable If It Successfully Implements Its Capital Boosting Measures
BusinessNews

S&P Global to Revise Ecobank Nigeria’s Outlook to Stable If It Successfully Implements Its Capital Boosting Measures

NEWS BAR NGJune 24, 2025June 24, 2025

S&P Global Ratings has said it could revise the outlook to stable if Ecobank Nigeria successfully implements its capital-boosting measures…

NNPC Limited Spokesman Olufemi Soneye steps down
BusinessNews

NNPC Limited Spokesman Olufemi Soneye steps down

NEWS BAR NGJune 22, 2025June 22, 2025

Bukola Afeni Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company (NNPC) Limited, has officially stepped…

Stock Market Transactions Hit N3.4trn in Five Months
BusinessNewsSports

Stock Market Transactions Hit N3.4trn in Five Months

NEWS BAR NGJune 21, 2025June 21, 2025

*Banks’ shares sustain rally *Morgan Stanley: More time needed to assess Nigeria’s FX reforms The total transactions by foreign and…

PPP IS SOLE DRIVER OF INFRASTRUCTURAL DEVELOPMENT-Barrister Goronyo
BusinessNews

PPP IS SOLE DRIVER OF INFRASTRUCTURAL DEVELOPMENT-Barrister Goronyo

NEWS BAR NGJune 20, 2025June 20, 2025

Nifemi Babasanmi The Nigeria Public-Private Partnership  (PPP) Summit 2025,  hosted by the Infrastructure Concession Regulatory Commission (ICRC), had the theme:…

FIRS Targets Sustainable Model that Focuses on Culture of Voluntary Tax Compliance
BusinessFinanceNews

FIRS Targets Sustainable Model that Focuses on Culture of Voluntary Tax Compliance

NEWS BAR NGJune 20, 2025June 20, 2025

The Federal Inland Revenue Service (FIRS) has charted a new path in tax administration, shifting focus from audit-based compliance to…

DBN Awards N13m in Grants to Tech Entrepreneurs
BusinessNews

DBN Awards N13m in Grants to Tech Entrepreneurs

NEWS BAR NGJune 20, 2025June 20, 2025

The Development Bank of Nigeria (DBN) has awarded N13 million in grants to three outstanding startups as part of its…

In Renewed Commitment to Nigeria’s Energy Sector, Shell Confirms Investment in Bonga North Deep-water Project
BusinessNews

In Renewed Commitment to Nigeria’s Energy Sector, Shell Confirms Investment in Bonga North Deep-water Project

NEWS BAR NGJune 19, 2025June 19, 2025

In a renewed commitment to Nigeria’s energy sector, Shell Nigeria Exploration and Production Company has confirmed its capital investment in…

BusinessNews

China Grants Full Tariff Exemption to African Nations in Landmark Trade Initiative

NEWS BAR NGJune 17, 2025June 18, 2025

Esther Salifu In a transformative move to bolster economic ties with Africa, China has announced the elimination of all tariffs…

Dangote Fulfills Pledge to ‘Shakedown’ Downstream Sector, Set to Begin Fuel Distribution Nationwide
BusinessNews

Dangote Fulfills Pledge to ‘Shakedown’ Downstream Sector, Set to Begin Fuel Distribution Nationwide

NEWS BAR NGJune 16, 2025June 16, 2025

Africa’s richest man, Aliko Dangote yesterday fulfilled a promise to significantly ‘shakedown’ the downstream petroleum sector, with the company announcing…

Regulatory Forbearance: CBN Directs First Bank, Others to Suspend Dividend Payments, Bonuses
BusinessNews

Regulatory Forbearance: CBN Directs First Bank, Others to Suspend Dividend Payments, Bonuses

NEWS BAR NGJune 15, 2025June 15, 2025

The Central Bank of Nigeria (CBN) has directed First Bank and other banks under regulatory forbearance to temporarily suspend dividend…

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