Business

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

Nigeria meets OPEC quota with 1.53m bpd production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that Nigeria’s oil production witnessed an upswing in May 2026, averaging 1,5

Yobe bars revenue agents from handling cash

The Yobe State Government has introduced a cashless tax collection system, prohibiting revenue agents and tax collectors from receiving cash payments

60% of North East industries shut over insecurity, says MAN

The Director-General of the Manufacturers Association of Nigeria (MAN), Dr. Segun Ajayi-Kadir, says about 60 per cent of industries in the Northeast h

‘We’re proposing 20% pension contribution for police officers’

The acting Managing Director/Chief Executive Officer of Nigerian Police Force, NPF Pensions, Muhammed Dutse has stated that as part of efforts to addr

Publishers fault FG’s textbook ranking policy

The Federal Government’s newly introduced textbook assessment and ranking policy could impose costs of more than N135 million on individual publishing