InsideBusiness.ng - InsideBusiness - Business News in Nigeria

INSIDEBUSINESSNG Jun 15, 2026 0

The N39 billion after-tax profit of Nestle Nigeria in the first quarter quickly vanished into a massive pile of…

Investing

Total Energies Posts N1.2bn Profit Despite Revenue Losses

INSIDEBUSINESSNG Jun 15, 2026 0

Total Energies Plc saw its sales revenue drop in 2026 for the second year in a row, but smart cost-cutting measures…

Investing

Cutix Falling Profit Hits Red at Full Year

INSIDEBUSINESSNG Jun 9, 2026 0

Homegrown cable manufacturer, Cutix Plc, reported a net loss of N48 million for the full year, its first in many…

Investing

Honeywell Flour Revenue Drops N13bn on Declining Pasta Sales

INSIDEBUSINESSNG Jun 8, 2026 0

Due to sustained sales losses from its pasta product line, Honeywell Flour Mills Plc's turnover plunged by N12.7…

Finance

Bitcoin Falls Below $60,000 Mark

InsideBusiness Jun 5, 2026 0

Bitcoin dropped below the $60,000 level on Friday, reaching its lowest price since October 2024 and…

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Benue Pensioners Threats Over Unpaid Benefits

InsideBusiness Jun 11, 2026 0

Retired workers in Benue State have staged a protest in Makurdi, demanding the payment of long-standing…

Pension

Nigeria’s Pension Assets Reach N32 Trillion

InsideBusiness Jun 9, 2026 0

Nigeria’s pension assets have grown to N32 trillion, marking another milestone in the country’s pension reform…

Top Stories

Insurers Record N734.3bn Capital Flight in Q4 2025

BADEJO ADEMUYIWA Apr 14, 2026

In the fourth quarter of 2025, the Nigerian insurance market saw a capital flight of N734.274 billion, holding on…

Top Stories

NAICOM Releases Guidelines for Policyholders’ Protection Fund

TOBA ILORI Apr 8, 2026

The National Insurance Commission (NAICOM) has released guidelines for the Insurance Policyholders’ Protection Fund…

Pension

FG Disburses ₦55.9bn to Clear Pension Arrears for Retirees, Next-of-Kin

InsideBusiness Jan 2, 2026

The Pension Transitional Arrangement Directorate (PTAD) has announced that it disbursed a total of ₦55.9 billion in…

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NDC Denies Kwankwaso Exit Rumours

InsideBusiness Jun 14, 2026 0

The Nigeria Democratic Congress (NDC) has dismissed reports claiming its vice-presidential candidate, Senator Rabiu…

Governance

Tinubu Says Government Will Fix, Not Abandon Problems

InsideBusiness Jun 11, 2026 0

President Bola Tinubu has said his administration is committed to addressing national challenges rather…

Politics

APC Criticises Oyo Over Amotekun Losses

InsideBusiness Jun 11, 2026 0

The Oyo State chapter of the All Progressives Congress (APC) has raised concerns over reported fatalities within…

Economy

Think Tank Reframes Nigeria’s Debt Debate

InsideBusiness Jun 11, 2026 0

A policy group has called for a more careful reading of Nigeria’s borrowing figures, saying currency changes have…

Politics

Dickson Defends NDC Amid Peter Obi Debate

InsideBusiness Jun 10, 2026 0

Former Bayelsa State Governor Seriake Dickson has dismissed claims that supporters of Peter Obi are doing…

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Iran Executions Draw Fresh UN Alarm

InsideBusiness Jun 15, 2026 0

The United Nations has raised fresh concerns over Iran human rights issues after reporting a sharp rise in…

News

ECOWAS Parliament Meets on Rural Electrification

InsideBusiness Jun 15, 2026 0

The ECOWAS Parliament will hold a five-day meeting in Dakar, Senegal, to advance renewable energy solutions for…

News

State Police Plan Gains Support in Nigeria

InsideBusiness Jun 14, 2026 0

The Parliament Support Network has backed plans to introduce state police, saying it could improve grassroots…

News

NDLEA Raises Alarm Over Youth Drug Abuse Surge in Nigeria

InsideBusiness Jun 14, 2026 0

The National Drug Law Enforcement Agency has raised concerns over rising substance misuse among Nigerian youths,…

News

Femi Falana Opposes Amnesty for Terror Suspects

InsideBusiness Jun 14, 2026 0

Human rights lawyer Femi Falana has criticised both the Federal and State Governments for negotiating with terror…

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Trump Tariffs to Fall $1trn Short of Projections.

InsideBusiness Nov 21, 2025

A new estimate from the Congressional Budget Office (CBO) has revealed that President Donald Trump’s aggressive…

Tariff War

Adidas Bets Big on U.S. Despite Tariff Blow

InsideBusiness Oct 29, 2025

Adidas is pushing ahead with an aggressive growth strategy in the United States, even as newly imposed U.S. tariffs…

Tariff War

Trump Terminates Trade Negotiations with Canada Over TV Ads

InsideBusiness Oct 24, 2025

President Donald Trump announced on social media late Thursday that he was halting all trade negotiations with…

Tariff War

Deepening U.S-China Trade Dispute Worries Okonjo-Iweala

InsideBusiness Oct 20, 2025

Okonjo-Iweala told Reuters at the weekend that the WTO fears that escalating tensions between the world’s two…

Nigeria’s Pharma Come Alive, But Health Challenges Persist

INSIDEBUSINESSNG Aug 18, 2025

Healthcare providers are part of the consumer-facing companies feeding Nigeria’s large and growing market. Having…

Nigeria’s Pharma Come Alive, But Health Challenges Persist

Aug 18, 2025

What Mutual Benefits Assurance Has that Others Lack?

Aug 14, 2025

Cross-border Market Loss Plunges Oil Companies’ Sales, Profits

Aug 11, 2025

Why Laggards on the Exchange Miss the Bullish Boat

Jul 21, 2025

CBN Relapses into Ex-Gov Emefiele’s Era

May 26, 2025

OPay, Dolly Children Foundation Partner on Clean Future…

Jun 15, 2026

UBA Business Series Honours the Evolved Woman

Mar 13, 2026

IWD: Fidelity Bank Signs MoU with Partners, Launch ‘Give Her…

Mar 10, 2026

Polaris Bank Launches Gift Card Feature on VULTe

Feb 17, 2026

AIICO Spreads Valentine’s Love on the Streets

Feb 16, 2026

CRYPTO EXCHANGE

Bitcoin (BTC)

₦66,926.37

-0.08%

Ethereum (ETH)

₦2,054.92

-0.25%

Litecoin (LTC)

₦53.28

+2.28%

DigitalCash (DASH)

₦29.96

-0.6%

Monero (XMR)

₦318.01

-2.39%

Nxt (NXT)

₦0.00

-0.08%

Ethereum Classic (ETC)

₦8.09

+2.87%

Dogecoin (DOGE)

₦0.09

+1.43%

ZCash (ZEC)

₦233.84

-2.82%

Bitshares (BTS)

₦0.00

-1.17%

DigiByte (DGB)

₦0.00

+3.97%

Ripple (XRP)

₦1.32

+0.22%

BitcoinDark (BTCD)

₦635.96

-0.08%

PeerCoin (PPC)

₦0.28

-0.86%

YbCoin (YBC)

₦4,006.45

-0.08%

CBN Proposes Guidelines on Bank Holdings, Seeks Stakeholders’ Memos

TOBA ILORI Jun 14, 2026 0

The Central Bank of Nigeria (CBN) has issued an exposure draft of new guidelines aimed at strengthening…

United Capital Secures Banking Licenses in Ethiopia, Rwanda

Jun 9, 2026

United Capital Plc is ready to expand across Africa following the acquisition of investment-banking licences in…

Bitcoin Falls Below $60,000 Mark

Jun 5, 2026

Bitcoin dropped below the $60,000 level on Friday, reaching its lowest price since October 2024 and…

Ecobank Group Mobilises $450m Funding for Africa’s Natural Ecosystems

Jun 2, 2026

Ecobank Group has launched the world’s first ICMA $450 million commercial bank-issued Nature Bond on the London…

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NGX Capitalisation Rises to ₦156.97trn as Equities Gain 0.88

TOBA ILORI Jun 15, 2026 0

The Nigerian Exchange (NGX) closed the week on a positive note, with investors recording gains across key market…

Investors Lose ₦4.9 Trillion as Stocks Slide

Jun 8, 2026

The Nigerian stock market suffered a sharp setback last week as widespread profit-taking erased significant…

Equities Market Shed N4.91trn

Jun 8, 2026

The Nigerian equities market took a sharp hit, shedding ₦4.91 trillion in market value for the week ending June 5.…

High Returns Persist on NGX Despite Rising Selling Pressure

Jun 3, 2026

Despite growing profit-taking activities across the Nigerian Exchange (NGX), several equities continue to deliver…

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NCDMB Plans 2.5mw CNG Plant in Bayelsa in Q4 2026

InsideBusiness Jun 15, 2026 0

The Nigerian Content Development and Monitoring Board (NCDMB) is finalising plans to install a 2.5-megawatt…

Traditional Ruler Raises Alarm Over Oil Theft in Niger Delta

Jun 9, 2026

Concerns over crude oil theft in the Niger Delta have intensified after the traditional ruler of Upata Kingdom in…

Banks Favour Oil Sector as Manufacturing Credit Falls

Jun 8, 2026

Nigerian banks continued to channel most of their lending to the oil and gas industry in 2025, while financing for…

Falana Demands Recovery of $120bn Oil Funds

Jun 4, 2026

Human rights lawyer Femi Falana has called on the Federal Government to recover over $120.5 billion and N66.4…

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JOB VACANCY

GOCOP

FRSC, Dangote Cement Pact Causes Drop in Road Crashes

InsideBusiness Jun 7, 2026 0

Transport

NRC Condemns Rising Attacks on Abuja–Kaduna Rail Line, Seeks…

InsideBusiness May 3, 2026

Transport

Tinubu Commissions Ojota-Opebi Link Bridge, Others

INSIDEBUSINESSNG Apr 9, 2026

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Nigerian-made Fashion Can Compete Globally – VHKY’s CEO

OMOLOLA AJOBIEWE Oct 13, 2025

At 31, Victoria Afonne, the Chief Executive Officer and Creative Director of VHKY's Shop, is building a confidence…

Youth In Business

How Izu Freeman Is Helping to Reduce Poverty in Africa

OMOLOLA AJOBIEWE Aug 25, 2025

In a continent where the poverty rate is higher than the opportunities, Izu Divine Freeman is reshaping the…

Youth In Business

NorthSpa Skincare Products’ Users Are Regaining Swagger

InsideBusiness Jul 12, 2021

The skin is the most visible and largest organ of the body, covering about 20 square feet of the total area of a…

Youth In Business

Elumelu Foundation Launches 2021 TEFConnect To Empower 3400 Youths

CLEMENT OGBEMUDIA Jan 1, 2021

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs is…

Iran Executions Draw Fresh UN Alarm

InsideBusiness Jun 15, 2026 0

The United Nations has raised fresh concerns over Iran human rights issues after reporting a sharp rise in…

Swiss Voters Reject Population Limit Plan

Jun 14, 2026

Swiss voters have rejected a proposal to cap the country’s population at 10 million, preserving…

US-Iran Deal Nears Signing

Jun 12, 2026

A proposed Iran peace deal could be signed within days as negotiators work to finalise terms aimed at ending months…

Elon Musk Trillionaire Status Sparks Market Frenzy

Jun 12, 2026

Elon Musk has strengthened his global influence as SpaceX’s record public offering and soaring valuations push him…

Leadership Crisis Deepens for Starmer as King’s Speech Fails…

May 13, 2026

British Prime Minister Keir Starmer faced mounting political pressure on Wednesday as growing speculation over a…

Trump Arrives Beijing for Crucial Summit Talks With Xi Amid…

May 13, 2026

United States President Donald Trump arrived in Beijing on Wednesday for a highly anticipated…

Corporate Social Responsibility

Fidelity Bank Extends Food Bank Initiative to Surulere

InsideBusiness May 19, 2026 0

Corporate Social Responsibility

Fidelity Bank Extends “Give Her Power” Initiative to Ikorodu

InsideBusiness Apr 28, 2026

Corporate Social Responsibility

Air Passengers May Receive Food, Airtime, Accommodation…

InsideBusiness Apr 28, 2026

Banks Favour Oil Sector as Manufacturing Credit Falls

InsideBusiness Jun 8, 2026 0

Nigerian banks continued to channel most of their lending to the oil and gas industry in 2025, while financing for…

Interviews

Buhari, Jonathan, and Providence Aided Tinubu’s 2023 Victory

BADEJO ADEMUYIWA Jan 14, 2026

Q. How will you describe political leadership, governance and delivery in Nigeria? Nigeria's political…

Interviews

Nigeria Moving Towards Sustainable Progress-Umar Namadi

BIDEMI 'FEMI with ISMAELI SALISU and MOROOF GBOLAHAN Jan 12, 2026

Q: One of the nagging problems in northern Nigeria has been the farmer-herder conflict. How has Jigawa addressed…

Interviews

Those Spreading Rumours and Misinformation Are Avoiding Taxes

INSIDEBUSINESSNG Jan 5, 2026

The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, the Chief Implementer of the new taxes,…

Who’s Next After General Rabe Abubakar ?

MOHAMMED BELLO DOKA Jun 14, 2026 0

The video arrived as all modern atrocities do: grainy, vertical, undeniable. A retired Major General of the…

Opinions

Insecurity in Nigeria: A National Emergency Demanding Collective Resolve

KOLAWOLE OJELABI Jun 8, 2026 0

Nigeria today stands at a troubling crossroads. Across vast stretches of the country, fear has become a constant…

Opinions

Why Nigeria Must Not Undervalue the Amukpe-Escravos Pipeline

JOHNSON MOMODU Jun 3, 2026 0

There are moments when a single transaction reveals how seriously a nation values its own assets. The proposed…

Top Stories

Rebuttal of Baba-Ahmed’s Apocalyptic Verdict: A Point-by-point Analysis

THE GAME CHANGER GROUP (TGCG) May 30, 2026 0

Introduction: Clarifying the Record: Acknowledging Reality The administration acknowledges Nigerians are…

The Crime Scene That is NNPC

PIUS MORDI Jul 21, 2025

Umaru Yar'Adua was a decent man. He believed in the innate capacity of man to do good for himself, his family,…

Pius Mordi Column

Desperate Politicians’ and Other Stories

PIUS MORDI Jul 14, 2025

Jean-Baptiste Alphonse Karr, the French critic, journalist, and novelist, made one of the most often quoted…

Pius Mordi Column

Tinubu’s End Game on Fubara

PIUS MORDI Jul 4, 2025

Sometime in 1962, late Chief George Sodeinde Sowemimo struggled with the constraints of the law in the treasonable…

Pius Mordi Column

A Race to Waste More Money

PIUS MORDI Jun 26, 2025

There is race among state governors on who will build the most expensive and ineffectual and, perhaps, useless…

How To Harness Effective Communication Strategies To Prevent Street Protests

AFOLABI OLAJUWON Nov 19, 2024

Street protests often arise from social unrest, dissatisfaction with government policies, or a perceived lack of…

Afolabi Olajuwon Column

The Power Of Media: How Information Shapes National Discourse And Decisions

AFOLABI OLAJUWON Nov 19, 2024

The media influences decision-making processes and shapes national discourse in the rapidly evolving digital age. I…

Afolabi Olajuwon Column

How Strong Problem-Solving Skills Enhance Public Relations Content

InsideBusiness Nov 19, 2024

Public relations (PR) has evolved dramatically in today’s digital world, creating a demand for adaptable,…

Afolabi Olajuwon Column

Why Public Relations Matters In Secondary Education

AFOLABI OLAJUWON Nov 19, 2024

In an increasingly advanced world where communication plays a fundamental role in personal and professional…

Kemi Badenoch: Beyond the Burden of Belonging

EMMANUEL DELE-OLADEJO Jul 23, 2025

I have read numerous articles—both in print and digital tabloids—about Kemi Badenoch. However, I believe it’s…

Emmanuel Dele-Oladejo's Column

Nigeria’s Undefined Party-Political Systems and Good Governance

EMMANUEL DELE-OLADEJO Jul 14, 2025

Nigeria's political landscape is characterised by a fundamental weakness: the absence of well-defined…

Emmanuel Dele-Oladejo's Column

How Israel’s IDF Overwhelming Might in Iran Surprises the World

EMMANUEL DELE-OLADEJO Jun 23, 2025

Just as many were wondering whether Israel had lost “it,” Israel shows that when survival is on the line, Israel…

Emmanuel Dele-Oladejo's Column

Nigeria’s Tax Overhaul

EMMANUEL DELE-OLADEJO Jun 2, 2025

The Nigerian Senate has passed all four of President Bola Tinubu’s proposed tax reform bills, marking a significant…

WHO Flags Nigeria in Global Hepatitis Burden

InsideBusiness Apr 30, 2026

The World Health Organisation (WHO) has listed Nigeria among countries contributing significantly to…

Video News

CPPE Seeks Shift to Inclusive Welfare Policies

TOBA ILORI Jun 15, 2026 0

The Centre for the Promotion of Private Enterprise (CPPE) has asked the Nigerian policymakers to review…

Economy

Nigerian Fixed-Income Market Tops N1 Trillion

Top Stories

Atiku Slams Fresh Power Sector Bond Plan

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NCC Hosts Students, Lauds Minister on Girls ICT Empowerment

InsideBusiness Jun 7, 2026 0

The Nigerian Communications Commission (NCC) has commended the Minister of Communications, Innovation and Digital…

FG Seeks Tech Volunteers for Taraba Project

Jun 3, 2026

Meta Launches Paid Plans Across Apps

May 27, 2026

SpaceX IPO Could Make Elon Musk a Trillionaire

May 21, 2026

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MTN Pushes Data Transparency Initiative

InsideBusiness Jun 12, 2026 0

MTN Nigeria has reaffirmed its commitment to transparency and consumer education as it seeks to strengthen customer…

Access Holdings Reveals ‘From Scale to Value’ Growth…

Jun 12, 2026

Seplat Energy Names New CEO, Elects Tony Elumelu as Incoming Chairman

Jun 9, 2026

FCMB Group: NPL Ratio Down to 5.09%

Jun 9, 2026

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Rutte: Trump Deal Urges NATO Allies’ Swift Arctic Security Action

InsideBusiness Jan 22, 2026

NATO Secretary General Mark Rutte told Reuters on Thursday that the Greenland framework deal with U.S. President Donald Trump requires NATO allies to enhance Arctic security, with initial results expected this year. Speaking from the…

International Politics

Trump Fires Lead Official on Economic Data as Tariffs Cause Market Drop

InsideBusiness Aug 2, 2025

US President Donald Trump has fired the boss of one of America's most important economic institutions hours after weaker-than-expected jobs data stoked further alarm about his tariff policy. On social media Trump claimed that Erika…

International Politics

Israel Attacks Iran, Declares Emergency over Retaliation

InsideBusiness Jun 13, 2025

Israel has carried out dozens of airstrikes on Iran and has declared an emergency as it braces for retaliation. Its military said a "pre-emptive, precise, combined offensive based on high-quality intelligence" had been launched - called…

International Politics

Trump Says US In Trade Deal with China

InsideBusiness Jun 11, 2025

President Donald Trump announced on Wednesday that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will rise to 55 per cent. According to AP reports, in return,…

International Politics

South Africa’s Third Budget Wins Support, Easing Political Risk

InsideBusiness May 21, 2025

South Africa’s finance minister calmed a months-long political crisis that had threatened the stability of its governing coalition, presenting a fiscally careful budget that won support from lawmakers and investors. Enoch Godongwana cut…

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