Business News
Top 10 most indebted Nigerian states as of Q1 2025
Despite a marginal 4.89% year-on-year (YoY) decline in total subnational debt, Nigeria’s 10 most indebted states saw their combined debt…
Nigeria’s pension fund assets hit N24.63 trillion in June 2025, driven by equities and FGN securities
Nigeria’s pension fund industry maintained its upward trajectory in June 2025, with total assets under management rising to N24.63 trillion,…
Coca-Cola announces sale of Chivita and Hollandia maker to UAC
The Coca-Cola Company has entered into an agreement to sell Chivita|Hollandia (CHI Limited), the producer of Chivita and Hollandia brands,…
Russia to extend e-visa validity period to 120 days starting August 23
Russia will expand the reach of its electronic visa program beginning August 23, doubling the validity period from 60 to…
NDLEA seizes over 1 billion Tramadol pills worth N1 trillion in 18 months
Nigeria’s National Drug Law Enforcement Agency (NDLEA) has seized 1.3 billion pills of tramadol and 4.4 million bottles of codeine…
United States slams Nigerian governors over lavish spending amid economic hardship
The United States has criticized some Nigerian state governors for engaging in extravagant spending while the country grapples with deepening…
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