Our truck drivers earn more than graduates – Dangote boasts
Aliko Dangote, founder and president/chief executive of the Dangote Group has revealed that his company’s drivers earn significantly more than graduates. Mr Dangote, in a video…
Section
Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
FG Suspends Controversial 4% FOB Levy on Imports
The Federal Government has ordered the immediate suspension of the recently introduced Free On Board (FOB) levy on imported goods. Finance Minister Wale Edun, in a…
AI Hype Faces Harsh Reality as Study Shows 95% of Enterprise Projects Fail
Artificial intelligence (AI), once hailed as capitalism’s new golden goose, is increasingly showing signs of being more hype than substance. Generative AI was expected to revolutionize…
FG’s Peace Meeting Between NUPENG, Dangote Ends in Deadlock
Efforts by the Federal Government to avert the looming strike by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) hit a brick wall on…
Nigeria’s Debt Hits Dangerous Level – Speaker Abbas
Speaker of the House of Representatives, Tajudeen Abbas, has expressed concern over Nigeria’s escalating debt profile, cautioning that it has reached a level capable of undermining…
FG Seeks Fresh $1.75bn World Bank Loan Despite 40.5% Revenue Surge
The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first eight months of 2025. This boost…
BREAKING: Dangote truck reportedly crushes entire family to death in Enugu
A Dangote truck has reportedly been involved in a fatal accident at Four Corner, Enugu State, leaving several people dead. Eyewitnesses said the truck lost control…
Sidi Ould Tah Sworn In as 9th AfDB President
Dr. Sidi Ould Tah was on Monday sworn in as the ninth President of the African Development Bank (AfDB) Group during a ceremony held at the…
Access Holdings Appoints Innocent Ike as Group CEO
Access Holdings Plc has announced the appointment of Mr. Innocent Ike as its substantive Group Managing Director/Chief Executive Officer, effective August 29, 2025, following regulatory approval.…
Alleged fraud: Court freezes ex-NNPCL boss Mele Kyari’s N661m in four bank accounts
A Federal High Court in Abuja has ordered a temporary freezing of four Jaiz Bank accounts linked to the former Group Managing Director (GMD) of Nigerian…