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Last updated: 2025-09-05 03:06:02
Nigeria to Ask OPEC for 25% Hike in Crude Oil Production Quota
Source: Business Post Nigeria

Nigeria to Ask OPEC for 25% Hike in Crude Oil Production Quota

By Adedapo Adesanya Nigeria is hoping to approach the Organisation of Petroleum Exporting Countries (OPEC) to raise the country’s crude oil production quota by 25 per cent. Nigeria, an OPEC laggard, h...

GTCO Reschedules 2025 Autism Conference to July 16
Source: Business Post Nigeria

GTCO Reschedules 2025 Autism Conference to July 16

By Dipo Olowookere The 2025 GTCO Autism Conference earlier planned for Tuesday, July 15 has been moved to tomorrow due to the public holiday declared by the federal government for today. On Monday, th...

Army Dismantles Illegal Refineries, Arrests 50 in Niger Delta
Source: Business Post Nigeria

Army Dismantles Illegal Refineries, Arrests 50 in Niger Delta

By Adedapo Adesanya Troops of the 6 Division of the Nigerian Army dismantled multiple illegal refining sites and arrested 50 suspected oil thieves in the Niger Delta over a two-week period. The operat...

Unlisted Securities Market Surges 1.15%
Source: Business Post Nigeria

Unlisted Securities Market Surges 1.15%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange began the week with a 1.15 per cent growth on Monday, July 14 despite a decrease in the level of activity. Data from the bourse...

Customs Street Grows 0.43% as Market Cap Hits N80trn
Source: Business Post Nigeria

Customs Street Grows 0.43% as Market Cap Hits N80trn

By Dipo Olowookere The Nigerian Exchange (NGX) Limited appreciated by 0.43 per cent on Monday, with the market capitalisation growing by N341 billion to N80.144 trillion from the N79.803 trillion it e...

Oil Prices Drop $1 as Trump Threatens Russian Sanctions
Source: Business Post Nigeria

Oil Prices Drop $1 as Trump Threatens Russian Sanctions

By Adedapo Adesanya Oil prices went down by more than $1 on Monday as investors weighed new threats from US President Donald Trump for sanctions on buyers of Russian oil that may affect global supplie...

Why local firms shy away from innovation
Source: Standard Media

Why local firms shy away from innovation

The insurance regulator has noted reluctance among sector players to introduce new products into the market, away from what is anchored in the law, such as third-party motor vehicle covers....

Accel Offers $1m to Indian AI Startup Founders
Source: Business Post Nigeria

Accel Offers $1m to Indian AI Startup Founders

By Aduragbemi Omiyale A leading global venture capital firm, Accel, has expanded its pre-seed scaling programme with Accel Atoms AI and Accel Atoms X. In a statement made available to Business Post, t...

Entries Open for 19th The SERAS Africa Sustainability Awards
Source: Business Post Nigeria

Entries Open for 19th The SERAS Africa Sustainability Awards

By Aduragbemi Omiyale The organisers of the prestigious The SERAS Africa Sustainability Awards have called for applications for this year’s edition. A statement disclosed that entries opened on May 20...

Interswitch Enables Seamless Transactions on NNPC Retail App
Source: Business Post Nigeria

Interswitch Enables Seamless Transactions on NNPC Retail App

By Aduragbemi Omiyale The secure payment infrastructure of Interswitch has been fully integrated into the recently launched retail app of the Nigerian National Petroleum Company (NNPC) Limited known a...

Watch Premium Shows On GOtv At No Extra Cost
Source: Business Post Nigeria

Watch Premium Shows On GOtv At No Extra Cost

What if there were a way to enjoy more from your GOtv subscription without paying extra? A way to watch more, explore new content, and access premium shows without upgrading your plan. GOtv just dropp...

FG Declares Tuesday July 15 as Public Holiday for Buhari
Source: Business Post Nigeria

FG Declares Tuesday July 15 as Public Holiday for Buhari

By Adedapo Adesanya The federal government has declared tomorrow, Tuesday, July 15, 2025, as a public holiday in honour of the late former President Muhammadu Buhari. According to a statement signed b...

Buhari’s Funeral Postponed to Tuesday
Source: Business Post Nigeria

Buhari’s Funeral Postponed to Tuesday

By Modupe Gbadeyanka The burial of former President Muhammadu Buhari has been moved to Tuesday, July 15, 2025. The late Nigerian leader was earlier planned to be buried today, Monday, July 14, 2025, a...

Buhari Was a Man of Integrity, Compassion—Abdullahi Gaya
Source: Business Post Nigeria

Buhari Was a Man of Integrity, Compassion—Abdullahi Gaya

By Modupe Gbadeyanka A non-executive director of the Nigeria Sovereign Investment Authority (NSIA), Mr Abdullahi Mahmud Gaya, has condoled Nigerians on the passing of former President Muhammadu Buhari...

Purp Emerges Nigerian Idol Season 10 Winner
Source: Business Post Nigeria

Purp Emerges Nigerian Idol Season 10 Winner

After months of electrifying performances, emotional moments, and unforgettable vocal showdowns, the curtain has finally closed on Nigerian Idol Season 10, and Purp has officially been crowned the win...

FCT Council Workers Suspend Three-Month Strike
Source: Business Post Nigeria

FCT Council Workers Suspend Three-Month Strike

By Adedapo Adesanya The Federal Capital Territory (FCT) chapter of the Nigeria Union of Local Government Employees (NULGE) has announced the suspension of its three-month strike. This will take effect...

Bitcoin Crosses Landmark $122,000 Milestone for First Time Ever
Source: Business Post Nigeria

Bitcoin Crosses Landmark $122,000 Milestone for First Time Ever

By Adedapo Adesanya Bitcoin crossed the $122,000 level for the first time on Monday. The development marks a milestone for the world’s largest cryptocurrency as investors bet on long-sought policy win...

NASD Index Rises 1.02% in Week 28 of 2025
Source: Business Post Nigeria

NASD Index Rises 1.02% in Week 28 of 2025

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange extended its presence in the positive territory in Week 28 of 2025 with a 1.02 per cent rise. The sterling week-on-week performa...

Trump Exploring Strategic Economic Cooperation With Africa
Source: Business Post Nigeria

Trump Exploring Strategic Economic Cooperation With Africa

By Kestér Kenn Klomegâh United States President Donald Trump’s unexpected invitation of five West African leaders from Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal for extraordinary mul...

Tourism players oppose plans to hike park entry fees
Source: Standard Media

Tourism players oppose plans to hike park entry fees

Plans by Kenya Wildlife Service to hike park entry fees negate the country's ambitions to grow the number of international tourists to 5.5 million by 2027, tourism players have said....

BREAKING: Awujale of Ijebuland Sikiru Adetona Dies at 91
Source: Business Post Nigeria

BREAKING: Awujale of Ijebuland Sikiru Adetona Dies at 91

By Dipo Olowookere The Awujale of Ijebuland, Sikiru Kayode Adetona, has died at the age of 91, reports reaching Business Post say. It was gathered that the prominent Ijebu monarch died on Sunday on a...

Tinubu Orders Shettima to Accompany Buhari’s Corpse to Nigeria
Source: Business Post Nigeria

Tinubu Orders Shettima to Accompany Buhari’s Corpse to Nigeria

By Modupe Gbadeyanka Nigeria’s Vice President, Mr Kashim Shetima, has been directed by his boss, President Bola Tinubu, to travel to the United Kingdom to accompany the remains of former President Muh...

SERAP Sues NNPC Over Missing N825bn, $2.5bn for Refineries
Source: Business Post Nigeria

SERAP Sues NNPC Over Missing N825bn, $2.5bn for Refineries

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over its failure to account for and...

JUST IN: Former President Buhari Dies in London
Source: Business Post Nigeria

JUST IN: Former President Buhari Dies in London

By Dipo Olowookere The immediate past president of Nigeria, Mr Muhammadu Buhari, has died, his former spokesman, Mr Garba Shehu, has confirmed. The Katsina State-born former military officer and polit...

Chelsea Face PSG in FIFA Club World Cup Final Live on GOtv
Source: Business Post Nigeria

Chelsea Face PSG in FIFA Club World Cup Final Live on GOtv

After weeks of fierce competition and football brilliance, Chelsea and Paris Saint-Germain have booked their spots in the 2025 FIFA Club World Cup Final. This ultimate showdown would take place, and G...

Nigerian Exchange All-Share Index Hits 126,000-point Level
Source: Business Post Nigeria

Nigerian Exchange All-Share Index Hits 126,000-point Level

By Dipo Olowookere A day after crossing the 124,000-point threshold, the All-Share Index (ASI) of the Nigerian Exchange (NGX) Limited hit another milestone on Friday after it closed higher by 1.37 per...

Naira Weakens to N1,531 Per Dollar at Official Market
Source: Business Post Nigeria

Naira Weakens to N1,531 Per Dollar at Official Market

By Adedapo Adesanya It was another bad day for the Nigerian Naira in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday as its value further weakened against the US Dollar. Data harvest...

Unlisted Securities Investors Gain N5.27bn
Source: Business Post Nigeria

Unlisted Securities Investors Gain N5.27bn

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange ended the last trading session of this week with a 0.26 per cent gain on Friday, July 11, helped by renewed buying interest by i...

Crude Oil Market Jumps 2% on IEA Assurance
Source: Business Post Nigeria

Crude Oil Market Jumps 2% on IEA Assurance

By Adedapo Adesanya An assurance from the International Energy Agency (IEA) that the crude oil market is tighter than expected pushed prices higher by over 2 per cent on Friday, with Brent specificall...

Aradel Holdings Appoints Tukur, Osahon, Adeeyo to Board
Source: Business Post Nigeria

Aradel Holdings Appoints Tukur, Osahon, Adeeyo to Board

By Aduragbemi Omiyale Two independent non-executive directors and a non-executive director have been appointed to the board of an energy company in Nigeria, Aradel Holdings Plc. The appointees are Mr...

Verve Enables Seamless Payments for Millions of Consumers
Source: Business Post Nigeria

Verve Enables Seamless Payments for Millions of Consumers

As Africa’s payments ecosystem continues to evolve, contactless technology is emerging as a critical driver of speed, security, and convenience for both consumers and merchants. Leading this transform...

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