Business

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

Airlines to get dry-leased planes as Air Peace acquires E190

The Airline Operators of Nigeria (AON) yesterday disclosed that Nigerian airlines would start receiving dry-lease aircraft from lessors across the wor

PAL Pensions hits over N1trn in AUM, marks two decades

PAL Pensions has reached a significant milestone with N1 trillion in Assets Under Management (AUM). In a statement, the firm said the feat marked two

Nigeria’s foreign reserves soar to $38.448b in June – Reps

Niger’s foreign exchange reserves rose from $32.9 billion at the end of 2023 to over $38.448 billion in June, 2025, the Chairman, House Committee on N

Dangote Cement pays N502.6 billion dividend for 2024

Dangote Cement PLC yesterday approved a dividend payout of N502.6 billion, which translates to N30 kobo per share to its shareholders at the 2024 Annu

FG realises N6.9trn revenue in 4 monthsa – Finance minister

The federal government says it has ramped up N6.9 trillion in revenue between January and April 2025, showing a 40 per cent year-on-year growth compar