Industry News

A Nigerian tugboat, LEO, has sunk off the South African coast after encountering severe storm conditions, leaving one crew member...

MTN Nigeria, the country's largest telecommunications operator, reported record revenue of ₦5.20 trillion ($3.82 billion) for the 2025 financial year,...

Nestlé Nigeria reported a net profit of N105 billion, reversing a N164.6 billion loss posted in the previous year, as...

President Bola Tinubu has approved a one-year extension of the ban on raw shea nut exports, prolonging the restriction from...

Foreign direct investment into Nigeria's production and manufacturing sector plunged by 54.11 percent in the first nine months of 2025,...

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its strategic commitment to revitalizing the nation's shipbuilding and shipyard...

Nigeria’s manufacturing and agricultural sectors are facing a severe existential threat as maximum lending rates have skyrocketed to as high...

Lagos' high-end property market has recorded a staggering three-fold increase in valuation over the last 24 months, driven by a...

NASCON Allied Industries Plc, popularly known as Dangote Salt, has rewarded 50 of its top distributors and customers with trucks...

Arla Foods, the global dairy giant behind the Dano Milk brand, has officially launched its "Cool Cow Yogurt" in the...