Premium Times Verified

1 week, 1 day ago Business

Female-led beauty businesses secure N6 million funding at Lagos pitch event

Three female-led beauty startups have secured a combined N6 million in equity-free funding following a competitive pitch event held in Lagos, as stakeholders intensify efforts to bridge the financing gap confronting women entrepreneurs in Nigeria’s fast-growing beauty industry. The funding, provide…

Source: Premium Times

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Vanguard Verified

1 week, 3 days ago Business

World Bank advice risks dragging Nigeria back into fuel import trap — Energy experts

Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill timed, economically regressive and in direct violation of th…

Source: Vanguard

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Vanguard Verified

1 week, 3 days ago Business

Dollar to Naira exchange rate today, April 14, 2026

The Nigerian Naira showed signs of marginal recovery in the early trading hours of Tuesday, April 14, 2026, as the foreign exchange market reacted to mid-month liquidity shifts and ongoing central bank interventions. The post Dollar to Naira exchange rate tod…

Source: Vanguard

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Vanguard Verified

3 weeks, 4 days ago Business

NDLEA intercepts large consignment of cocaine at Lagos airport

The National Drug Law Enforcement Agency (NDLEA) has intercepted a large consignment of cocaine at the Murtala Muhammed International Airport (MMIA) Strategic Command, Lagos. A statement by the NDLEA Spokesman, Femi Babafemi, on Sunday in Abuja said that the consignment was concealed in heads of im…

Source: Vanguard

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BBC Africa Verified

3 weeks, 5 days ago Business

Kenya's queen ants worth $220 each fuel booming global wildlife black market

One ant for $220: The new frontier of wildlife trafficking The ants are flying in Kenya at the moment. During this rainy season, swarms can be seen leaving the thousands of anthills in and around Gilgil, a quiet agricultural town in Kenya's Rift Valley that has emerged as the centre of a booming il…

Source: BBC Africa

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Punch Verified

4 weeks, 1 day ago Business

Court voids CBN’s Union Bank shake-up, orders immediate reinstatement

Justice Chukwujekwu Aneke of the Federal High Court sitting in Lagos on Wednesday nullified the January 2024 dissolution of the board and management of Union Bank of Nigeria by the Central Bank of Nigeria, declaring the action ultra vires. In his judgment, Justice Aneke set aside all decisions take…

Source: Punch

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Premium Times Verified

4 weeks, 1 day ago Business

Eight teams set for Italian Embassy U-20 Cup as organisers target young talents

Eight teams will compete in the maiden Italian Embassy U-20 Cup scheduled to hold in May, as organisers unveil plans for a grassroots-focused tournament aimed at nurturing young football talents in Nigeria. The competition, an initiative driven by Rudder Sports Management Limited, will also feature…

Source: Premium Times

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The Punch Verified

1 month ago Business

Clout is loud, but reputation rules

There was a time when authority was earned quietly through competence, consistency and character. Today, authority competes with attention. In a digital ecosystem driven by algorithms, outrage and instant validation, many professionals are confronting a troubling question: Are we building careers, …

Source: The Punch

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BBC Africa Verified

1 month, 1 week ago Business

Kenya arrests Chinese national over attempt to smuggle 2,000 queen ants

Chinese national arrested over attempt to smuggle 2,000 queen ants from Kenya A Chinese national has been arrested in Kenya's main airport accused of attempting to smuggle more than 2,000 queen garden ants out of the country. Zhang Kequn was intercepted during a security check at Jomo Kenyatta Inte…

Source: BBC Africa

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The Punch Verified

1 month, 1 week ago Business

8 MT5 Features That Most Traders Have Never Touched but Could Completely Change Their Results

Most retail traders in Nigeria use MT5 like it is only a place to open and close trades. They check a chart, drop an indicator, place a position, and repeat the cycle. It works, but it is often slow, reactive, and full of guesswork because they never explore the tools that actually make the platfor…

Source: The Punch

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Premium Times Verified

1 month, 3 weeks ago Business

Chief Judge of Federal High Court, Tsoho, reacts to CCB invitation

The Chief Judge of Federal High Court (FHC), Justice John Tsoho, says he is ready to appear before the Code of Conduct Bureau (CCB) for investigation over alleged failure to declare some bank accounts in his asset declaration form. Mr Tsoho, in a statement by the court’s Director of Information, Ca…

Source: Premium Times

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Al Jazeera Africa Verified

1 month, 3 weeks ago Business

QatarEnergy, world’s largest LNG firm, halts production after Iran attacks

Qatar’s state-run energy firm says it has halted liquefied natural gas production after Iranian attacks, as Saudi Arabia announced it was temporarily shutting down some units of the Ras Tanura oil refinery located near the country’s eastern region after a fire broke out following a drone attack. “D…

Source: Al Jazeera Africa

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Premium Times Verified

1 month, 3 weeks ago Business

Cement price hikes lift Dangote Cement’s annual profit twofold to N1 trillion

Dangote Cement posted a twofold leap in net profit for 2025, compared to the preceding year, despite a decline in its trade volume as the industrial powerhouse capitalised on hikes in the price of cement during the year to lift revenue. The earnings report of the manufacturing giant out on Saturday…

Source: Premium Times

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Vanguard Verified

1 month, 3 weeks ago Business

NRC digitises operations to curb vandalism, revenue leakages

Kayode Opeifa By Folarin Kehinde The Managing Director of the Nigerian Railway Corporation (NRC), Dr Kayode Opeifa, has unveiled plans to deploy electronic and electrical systems across the nation’s rail network as part of a sweeping modernisation drive aimed at reducing vandalism, blocking revenue…

Source: Vanguard

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Punch Verified

1 month, 4 weeks ago Business

Report centres charging above N8,700 UTME fee, JAMB tells candidates

The Joint Admissions and Matriculation Board has urged candidates who may have paid above the approved registration fees for the 2026 Unified Tertiary Matriculation Examination to report such centres with credible evidence. The board said any Computer-Based Test centre found overcharging or engagin…

Source: Punch

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Premium Times Verified

1 month, 4 weeks ago Business

Lafarge Africa’s annual profit soars to all-time peak on volume growth

Cement maker Lafarge Africa reported a surge of 172.7 per cent in net profit on Thursday, which took its earnings to the highest on record, as volume growth lifted top line. The company, whose products also comprise aggregate and concrete, said improvement in bottom line derived in part from factor…

Source: Premium Times

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Punch Verified

1 month, 4 weeks ago Business

Coordinated JNIM raids leave over 130 dead in Burkina Faso

Al-Qaeda-affiliated JNIM has in recent days claimed to have inflicted heavy losses in Burkina Faso as a surge in deadly jihadist attacks sweeps across the Sahelian state. Burkina Faso, ruled by a military junta since September 2022, has faced more than 10 years of raids by groups linked to Al-Qaeda…

Source: Punch

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Vanguard Verified

1 month, 4 weeks ago Business

Group warns against politicising Southern Kaduna amid El-Rufai controversies

Former Kaduna State governor Nasir El-Rufai By Ibrahim Hassan-Wuyo The Southern Kaduna Professionals Forum (SKPF) has cautioned political actors against drawing the region into ongoing debates surrounding former Kaduna State Governor Nasir El-Rufai, insisting that the experiences of the people shou…

Source: Vanguard

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Al Jazeera Africa Verified

1 month, 4 weeks ago Business

RAMpocalypse Hits Global Tech

RAMpocalypse Hits Global Tech Tensions in the global tech market are rising as AI fuels unprecedented demand for memory chips, delaying PlayStation releases and prompting potential price hikes for Nintendo’s Switch 2. Al Jazeera’s Hatem Salah examines the impact on consumer electronics and the envi…

Source: Al Jazeera Africa

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BBC Africa Verified

1 month, 4 weeks ago Business

Atlantis school shooting: South African girl and businessman killed in Cape Town

Girl, 14, shot dead as South Africa's 'taxi wars' hit school Police in South Africa are investigating a fatal shooting at a secondary school in the coastal city of Cape Town that killed a 14-year-old pupil and a taxi operator. An unidentified man opened fire on a taxi as the driver waited to pick u…

Source: BBC Africa

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