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Last updated: 2025-09-10 00:37:30
Customs Street Declines 0.73% as Sell-Offs Persist
Source: Business Post Nigeria

Customs Street Declines 0.73% as Sell-Offs Persist

By Dipo Olowookere A 0.73 per cent decline was recorded by the Nigerian Exchange (NGX) Limited on Wednesday amid continued selling pressure on stocks across sectors. Data showed that apart from the en...

NASD Index Soars 0.34% to 3,641.56 Points
Source: Business Post Nigeria

NASD Index Soars 0.34% to 3,641.56 Points

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange appreciated further by 0.34 per cent on Wednesday, August 20, with the market capitalisation adding N7.46 billion to close at N2...

Naira Slumps to N1,536/$1 at Official Market
Source: Business Post Nigeria

Naira Slumps to N1,536/$1 at Official Market

By Adedapo Adesanya The Naira further depreciated against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, August 20 by N1.25 or 0.08 per cent to N1,536.18/$1 fro...

Oil Market Jumps 2% on Crude Stocks Drop, Others
Source: Business Post Nigeria

Oil Market Jumps 2% on Crude Stocks Drop, Others

By Adedapo Adesanya The oil market was up by about 2 per cent on Wednesday after a drop in US crude inventories as investors awaited the next steps in talks to end the Ukraine war, with sanctions on R...

Cost of owning homes in key East African cities
Source: Standard Media

Cost of owning homes in key East African cities

East African capitals to invest in housing or go for holidays to Nairobi, Kampala, Dar es Salaam or Kigali, the cost of luxurious accommodations vary in each of the four cities....

MSMEs urged to embrace AI for enhanced customer experience
Source: Standard Media

MSMEs urged to embrace AI for enhanced customer experience

MSMEs have been urged to prioritise customer experience by adopting artificial intelligence (AI)-powered solutions to track customer data, streamline operations, and boost client satisfaction....

Cost of homes up as UN offices move to Nairobi
Source: Standard Media

Cost of homes up as UN offices move to Nairobi

The planned set-up of three new UN global offices in Nairobi is expected to revive interest in high-end properties in the city, with real estate projecting increased prices....

MPs block 'rich cabal' from Sh100b KPC sale
Source: Standard Media

MPs block 'rich cabal' from Sh100b KPC sale

Parliament has ring-fenced privatisation of Kenya Pipeline Company by imposing strict conditions to prevent a select group of wealthy investors from dominating the share sale....

Anambra Condemns Attack on NYSC Member, Assures of Justice
Source: Business Post Nigeria

Anambra Condemns Attack on NYSC Member, Assures of Justice

By Adedapo Adesanya The Anambra State Government has condemned the attack on a member of the National Youth Service Corps (NYSC) who was assaulted and harassed by members of Operation Udo Ga-Achi in O...

BBNaija, Piracy, and the Hidden Cost of Entertainment
Source: Business Post Nigeria

BBNaija, Piracy, and the Hidden Cost of Entertainment

By Adedotun Lawal We live in an age where everything is just a click away. Music, movies, books, and television shows. It is easy, fast and often free. However, in the shadow of this convenience lies...

Makinde to Install Ladoja 44th Olubadan September 26
Source: Business Post Nigeria

Makinde to Install Ladoja 44th Olubadan September 26

By Modupe Gbadeyanka A former Governor of Oyo State, Mr Rashidi Ladoja, will be installed as the 44th Olubadan of Ibadanland on Friday, September 26, 2025, at Mapo Hall. This followed the approval of...

Court Freezes Bank Accounts Linked to Ex-NNPC Boss Mele Kyari
Source: Business Post Nigeria

Court Freezes Bank Accounts Linked to Ex-NNPC Boss Mele Kyari

By Adedapo Adesanya A Federal High Court sitting in Abuja has ordered the temporary freezing of four Jaiz Bank accounts linked to the immediate-past chief executive of the Nigerian National Petroleum...

Champion Breweries to Acquire Bullet Energy Drink from Sun Mark
Source: Business Post Nigeria

Champion Breweries to Acquire Bullet Energy Drink from Sun Mark

By Aduragbemi Omiyale In line with its strategy to diversify into high-growth food and beverage categories, Champion Breweries Plc is having talks with Sun Mark International Limited for the acquisiti...

TICAD9: Outrage as Nigeria’s Exhibition Booth Left Unmanned
Source: Business Post Nigeria

TICAD9: Outrage as Nigeria’s Exhibition Booth Left Unmanned

By Adedapo Adesanya Despite a large entourage, including President Bola Tinubu, attending the ninth Tokyo International Conference on African Development (TICAD9), Nigeria’s exhibition booth was...

Rwanda-backed M23 rebels execute over 140 Hutus in DRC
Source: The Exchange

Rwanda-backed M23 rebels execute over 140 Hutus in DRC

Human Rights Watch claims Rwandan-backed M23 group summarily executed over 140 civilians in July 2025, mainly ethnic Hutu people, in at least 14 villages and small farmi...

FG Removes 5% Telecoms Tax After Two-Year Suspension
Source: Business Post Nigeria

FG Removes 5% Telecoms Tax After Two-Year Suspension

By Adedapo Adesanya President Bola Tinubu has permanently abolished the 5 per cent excise duty on telecommunications services, two years after the policy was first suspended. The abolishment is part o...

Stanbic IBTC Insurance Hosts Second Annuitant Forum
Source: Business Post Nigeria

Stanbic IBTC Insurance Hosts Second Annuitant Forum

By Modupe Gbadeyanka Stakeholders in the underwriting sector are currently discussing how the working group of Nigeria can plan for the rainy days, especially when they no longer have the strength to...

The rise of smart digital wealth management
Source: Standard Media

The rise of smart digital wealth management

Smart digital wealth platforms are designed to provide clients with personalised investment options, real-time market insights, and easy-to-navigate interfaces....

BBNaija 10/10: Nostalgia & Nominations Rock the Big Brother House
Source: Business Post Nigeria

BBNaija 10/10: Nostalgia & Nominations Rock the Big Brother House

This week’s theme in the Big Brother House is Nostalgia, and the housemates are diving deep into the past with a tribute to veteran Nollywood stars. The week kicked off with a battle for Head of House...

Gains in Okitipupa, CSCS Push NASD Bourse Higher by 1.11%
Source: Business Post Nigeria

Gains in Okitipupa, CSCS Push NASD Bourse Higher by 1.11%

By Adedapo Adesanya The duo of Okitipupa Plc and Central Securities Clearing System (CSCS) Plc spurred the NASD Over-the-Counter (OTC) Securities Exchange to a 1.11 per cent growth on Tuesday, August...

Liberty Kenya half-year earnings dip 59pc to Sh260m
Source: Standard Media

Liberty Kenya half-year earnings dip 59pc to Sh260m

Liberty Kenya Holdings has posted Sh260 million net earnings in the first half of 2025, marking a 59 per cent drop from Sh632 million in the same period last year....

Dangote Cement, 38 Others Pull Back NGX by 1.46%
Source: Business Post Nigeria

Dangote Cement, 38 Others Pull Back NGX by 1.46%

By Dipo Olowookere The growth recorded by the Nigerian Exchange (NGX) Limited on Monday was reversed on Tuesday by 1.46 per cent due to renewed selling pressure. During the session, profit-taking was...

Crude Oil Down on Possible End to Russia-Ukraine War
Source: Business Post Nigeria

Crude Oil Down on Possible End to Russia-Ukraine War

By Adedapo Adesanya Crude oil declined by about 1 per cent on Tuesday amid a possible agreement to end Russia’s invasion of Ukraine, which could ease sanctions on Russian crude oil, boosting glo...

EAC tariff loopholes create uneven playing field in trade
Source: Standard Media

EAC tariff loopholes create uneven playing field in trade

In the next one year, a mobile phone will be cheaper in Uganda than in Kenya, if the latest review of the Common External Tariff (CET) by countries in the region is anything to go by....

Parliament to have say on sale of State corporations
Source: Standard Media

Parliament to have say on sale of State corporations

A new Bill, aimed at easing the process of selling part of the government's shareholding in state corporations, has proposed giving Parliament powers to oversee the process....

Family Bank half-year profit up 39pc to Sh2.3b
Source: Standard Media

Family Bank half-year profit up 39pc to Sh2.3b

Tax efficiency measures propelled Family Bank into a 38.7 per cent jump in profit after tax to Sh2.3 billion for the six months ended June 30, 2025....

Chieftaincy Title Conferment Tears Alaafin, Ooni Apart
Source: Business Post Nigeria

Chieftaincy Title Conferment Tears Alaafin, Ooni Apart

By Adedapo Adesanya There is increasing friction between two paramount traditional rulers of Yorubaland and if not quickly handled with care, it could degenerate into something unimaginable. On Monday...

Why Africa must build resilient supply chains—fast
Source: The Exchange

Why Africa must build resilient supply chains—fast

By recalibrating supply chains, countries grappling with U.S. tariffs hit can transition beyond exporting raw materials to manufacturing value-added goods, potentially giving rise to...

Jaiz Bank Changes Brand Identity to Reflect Vision for Future
Source: Business Post Nigeria

Jaiz Bank Changes Brand Identity to Reflect Vision for Future

By Aduragbemi Omiyale Pioneer non-interest financial institution in Nigeria, Jaiz Bank Plc, has announced a change to its brand identity, adopting new colours and logo to reflect its vision for the fu...

MTN Appoints Karl Toriola VP for Francophone Africa
Source: Business Post Nigeria

MTN Appoints Karl Toriola VP for Francophone Africa

By Adedapo Adesanya The chief executive of MTN Nigeria, Mr Karl Toriola, has been appointed as the new Vice President of Francophone Africa for the MTN Group starting November 1, 2025. He will remain...

FG May Seize Idle Oilfields, Assets
Source: Business Post Nigeria

FG May Seize Idle Oilfields, Assets

By Adedapo Adesanya Oil companies operating in Nigeria have been advised to make use of their idle oilfields and assets or consider leasing them out to avert being taken away from them by the federal...

NIMASA Promotes 243 Employees, Promises to Prioritise Welfare
Source: Business Post Nigeria

NIMASA Promotes 243 Employees, Promises to Prioritise Welfare

By Aduragbemi Omiyale Two hundred and forty-three members of staff of the Nigerian Maritime Administration and Safety Agency (NIMASA) have been promoted as a motivation for higher performance. A state...

NASD OTC Records 0.04% Appreciation
Source: Business Post Nigeria

NASD OTC Records 0.04% Appreciation

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.04 per cent rise on Monday, August 18, with the market capitalisation adding N790 million to close at N2.147 trilli...

Markets cautious after Zelensky-Trump talks
Source: Standard Media

Markets cautious after Zelensky-Trump talks

Stock markets traded in a narrow range Tuesday and oil prices dipped after US President Trump held what he called "very good" talks with Ukrainian and European leaders on ending the war....

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