Business

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

Heirs Holdings recognised as Africa’s fastest-growing coys

Heirs Holdings has announced that three of its portfolio companies, Heirs Life Assurance Limited, Redtech Limited, and Heirs General Insurance Limited

Nigeria hits 99.2% OPEC quota, rakes in N278bn oil profit in March

Nigeria recorded a major boost in crude oil production in April 2026, achieving 99.2 per cent of its 1.5 million barrels per day production quota appr

Otedola tightens FirstHoldCo control with N43bn shares

The Chairman of First HoldCo Plc, Femi Otedola, yesterday acquired additional shares of the company valued at approximately N43.41 billion amidst a st

Nigeria’s debt may hit N200trn, Agbakoba warns

Nigeria’s total public debt could rise to N200 trillion within the next four years if the federal government continues its current borrowing pattern w

Julius Berger hosts construction equipment Fair in Lagos

Leading engineering construction company, Julius Berger Nigeria PLC; recently hosted a one-day, construction equipment exhibition at its facility in L