Business

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

What Tinubu’s Executive Order means for oil & gas industry

President Bola Tinubu on Wednesday issued an executive order ending NNPC Limited’s retention of 30 percent of oil revenues as a management fee on oil

GenCos reject NLC’s allegations of extortion

The Association of Power Generation Companies (APGC) has stated that allegations by the President of the Nigeria Labour Congress (NLC), Comrade Joe Aj

Shell Trading hails Petralon Energy as indigenous firm drills third well

Shell Western Supply and Trading has expressed confidence in the operations of Petralon Energy, an indigenous exploration and production company with

African startups raised $3.9bn in 2025 – Report

African startups raised $3.9 billion across 506 deals in 2025, signalling a steadying pulse for the continent’s venture ecosystem after two years of g

Expert asks FG to establish Bank for Art, Creative Industry

A renowned female creative artist, Aminat Olajide, has challenged the Federal Government to establish a specialized bank for creatives, similar to tho