Business

All the recent business news in Nigeria, economy and industry updates.

Ex-minister calls for power sector reform to boost economy

A former Minister of Environment, Lawrencia Mallam, has urged the Federal Government to urgently reform the nation’s power sector and revive the texti

NGX market cap hits N152trn as investors gain N5.5trn

Equities investors on the Nigerian Exchange (NGX) recorded a N5.5 trillion gain on Wednesday as renewed bargain hunting lifted market sentiment amid t

Dispute over airtime credit threatens N400bn market – ALTON

The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have been urged to resolve regulat

Our approach to AI adoption is deliberate, responsible – FCMB

The First City Monument Bank (FCMB) has emphasised on its approach to Artificial Intelligence (AI), saying its adoption was deliberate to improve effi

Cadbury’s Q1 pre-tax profit declines by 39.2% as Awosika exits

Cadbury Nigeria Plc has reported a pre-tax profit of N5.20 billion for the first quarter of 2026, marking a 39.2% decline from the N8.54 billion recor