Business

Nigeria Ascends Four Spots in Africa Investment Rankings

President Bola Tinubu’s economic reforms have boosted Nigeria’s standing in the continent’s investment landscape.

ByByGist Master Oct 6, 2026

Personal Loans Reach Record High of N2.06trn Amid Rising Costs in Nigeria

New data shows personal loans obtained by Nigerians reached a record high of N2.06 trillion in May 2026,…

ByByGist Master Oct 6, 2026

Stock Market Drops by N813bn on Profit-taking in BUA Foods

The Nigerian stock market took a hit last week, with losses totaling N813 billion. The drop was largely…

ByByGist Master Oct 5, 2026

Dangote Emphasizes Domestic Production for Economic Resilience

Nigerian business magnate, Aliko Dangote, has advocated for increased domestic production as a key strategy for economic resilience.

ByByGist Master Oct 4, 2026
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Electricity Discos Generate N603bn Revenue in Q2 amid Subsidy Debt Over N321bn for Federal Government

The 11 electricity distribution companies (Discos) generated a total revenue of N603.64 billion in Q2, while the federal…

ByByGist Master Oct 6, 2026

Electricity Discos’ Q2 Revenue Surges to N603bn Amidst FG’s Subsidy Debt Over N321bn

The 11 electricity Discos in Nigeria recorded a combined revenue of N603.64 billion in Q2 2026, as the…

ByByGist Master Oct 6, 2026