BusinessPost

By Adedapo Adesanya The two major crude oil grades in the global market fell by more than 4 per cent per barrel on Monday after the most recent tensions between the United States and Iran appeared to have eased. Brent crude futures went down by $3.02 or 4.4 per cent to settle at

By Aduragbemi Omiyale The duo of Presco Plc and Guaranty Trust Holding Company (GTCO) Plc has listed additional shares on the Nigerian Exchange (NGX) Limited. The extra equities of these two publicly-listed organisations were admitted to the local stock exchange last Friday,

By Adedapo Adesanya A total of N1.969 trillion was shared to the federal government, the 36 state governments and the 774 local government councils from the gross revenue of N2.585 trillion generated by the nation in December 2025. The money was disbursed to the three tiers of

By Adedapo Adesanya Nigeria’s oil exports will drop in February following the shutdown of the Bonga Floating Production Storage and Offloading (FPSO) vessel scheduled for turnaround maintenance. Shell Nigeria Exploration and Production Company (SNEPCo) Limited confirmed the d

By Adedapo Adesanya Nigeria earned N1.17 trillion from the oil and gas industry in November 2025, lower than the N1.396 trillion generated in October 2025 by 16.2 per cent, according to data presented to the Federation Account Allocation Committee (FAAC) by the Central Bank of

By Dipo Olowookere The decision of investors weighing the risks and benefits of holding Nigerian stocks took a toll on the Nigerian Exchange (NGX) Limited last week. The bourse suffered a marginal week-on-week 0.09 per cent loss, with the All-Share Index (ASI) down to 165,370.40

By Aduragbemi Omiyale Three subsidiaries of Dangote Industries Limited have signed Gas Sales and Purchase Agreements (GSPA) with two business segments of the Nigerian National Petroleum Company (NNPC) Limited. The three firms of Dangote Industries Limited involved in the

By Aduragbemi Omiyale The deadline for filing of employers’ annual tax returns in Lagos State has been extended by one week from February 1 to 7, 2026. This information was revealed in a statement signed by the Head of Corporate Communications of the Lagos State Internal R

By Adedapo Adesanya  The chief executive of Airtel Africa Plc, Mr Sunil Kumar Taldar, has disclosed that the company is still on track to list its mobile money business, Airtel Money, before the end of June 2026. Recall that Business Post reported in March 2024 that the mobile

By Adedapo Adesanya The federal government will begin to resolve the estimated N4 trillion power sector debt burden as five power generation companies signed settlement agreements. This will be done under the Presidential Power Sector Debt Reduction Programme, following the