SkyHigh NewsHub

More in Business

Band A Customers to Receive Special Compensation Over Poor Power Supply, NERC Announces
Business

Band A Customers to Receive Special Compensation Over Poor Power Supply, NERC Announces

Electricity regulator says consumers should not bear the burden of generation shortfalls beyond DisCos’ control.

Our Reporter · Jun 5, 2026

Dangote Refinery Hits 700,000bpd, Strengthens Position as Africa’s Energy Powerhouse
Business

Dangote Refinery Hits 700,000bpd, Strengthens Position as Africa’s Energy Powerhouse

Refinery exceeds design capacity during performance test as expansion plans target 1.4 million barrels per day within 30 months

Our Reporter · Jun 5, 2026

Public Service Reforms: FERMA Leadership Joins National Dialogue on Governance and Accountability
Business

Public Service Reforms: FERMA Leadership Joins National Dialogue on Governance and Accountability

FERMA MD says engagement will enhance institutional leadership, accountability and service delivery in line with ongoing public service reforms

Ozioma Iwuh · May 30, 2026

Aviation Financing Critical to Africa’s Integration, Says Keyamo
Business

Aviation Financing Critical to Africa’s Integration, Says Keyamo

Minister says stronger air connectivity essential for AfCFTA success

Our Reporter · May 29, 2026

North-East Dominates as AfDB Projects in Nigeria Rise to $6.2bn
Business

North-East Dominates as AfDB Projects in Nigeria Rise to $6.2bn

A new AfDB performance review shows major infrastructure and social intervention projects advancing rapidly in the North-East, while several South-East projects remain stalled by slow disbursement and procurement delays

Our Reporter · May 28, 2026

Champion Breweries Posts N1.79bn Profit, Declares Dividend
Business

Champion Breweries Posts N1.79bn Profit, Declares Dividend

Company says stronger profitability, capital market success and strategic acquisitions are driving long-term growth momentum

Our Reporter · May 26, 2026

Nigeria Loses Undisbursed $717.7m World Bank Electricity Funding
Business

Nigeria Loses Undisbursed $717.7m World Bank Electricity Funding

World Bank says worsening tariff shortfalls, delayed reforms and economic realities forced cancellation of undisbursed funds

Our Reporter · May 26, 2026

FG Signs Strategic Mining MoU With Türkiye Amid Sector Reforms
Business

FG Signs Strategic Mining MoU With Türkiye Amid Sector Reforms

Agreement focuses on technology transfer, capacity building, digitisation and investment expansion in Nigeria’s mining industry

Our Reporter · May 26, 2026

NCAA Debt Row Deepens as Airlines Deny Owing Regulator
Business

NCAA Debt Row Deepens as Airlines Deny Owing Regulator

Airline operators say all NCAA regulatory services are paid for in advance, insist disputed funds are statutory passenger charges, not operational debts

Our Reporter · May 26, 2026

Nigeria’s Economy Records 3.89% GDP Growth in Q1 2026 — NBS
Business

Nigeria’s Economy Records 3.89% GDP Growth in Q1 2026 — NBS

A sharp turnaround in crop production cushions a marginal contraction in crude production volume, steering annual growth past 2025 benchmarks

Our Reporter · May 25, 2026

Cooking Gas Price Soars to N1,700 Per Kg as Marketers Raise Alarm
Business

Cooking Gas Price Soars to N1,700 Per Kg as Marketers Raise Alarm

Stakeholders urge urgent government intervention to prevent worsening hardship

Our Reporter · May 25, 2026

NCAA Halts ‘No Pay, No Service’ Enforcement as Airlines Battle Rising Costs
Business

NCAA Halts ‘No Pay, No Service’ Enforcement as Airlines Battle Rising Costs

Regulator says suspension is temporary as consultations continue with affected operators

Our Reporter · May 25, 2026

Wema Bank Targets Tier-One Status, Hints at Future Acquisitions
Business

Wema Bank Targets Tier-One Status, Hints at Future Acquisitions

Managing Director hints at strategic opportunities and possible acquisitions

Our Reporter · May 25, 2026

BUA Cement Declares ₦338.6bn Dividend After Record Profit Surge
Business

BUA Cement Declares ₦338.6bn Dividend After Record Profit Surge

BUA says LNG project and infrastructure expansion will strengthen long-term competitiveness

Ozioma Iwuh · May 25, 2026

NGX Records N6.95tn New Listings as Investors Flock to Bonds
Business

NGX Records N6.95tn New Listings as Investors Flock to Bonds

Federal Government securities account for nearly 70 per cent of total listings in first five months of 2026

Our Reporter · May 25, 2026

Regulatory Tensions Rise As NCAA Suspends Services To 11 Domestic Airlines
Business

Regulatory Tensions Rise As NCAA Suspends Services To 11 Domestic Airlines

Air Peace, Max Air, United Nigeria and others affected by fresh enforcement directive

Our Reporter · May 24, 2026

Nigeria Remains World Bank’s Third-Largest IDA Borrower with $18.5 Billion Debt Profile
Business

Nigeria Remains World Bank’s Third-Largest IDA Borrower with $18.5 Billion Debt Profile

New structural financial indicators reveal a minor quarterly dip but a massive annual increase in concessional borrowing, sparking fresh debate over sustainable development financing

Ozioma Iwuh · May 24, 2026

Financial Times Recognition Signals Global Rise of Heirs Holdings Companies
Business

Financial Times Recognition Signals Global Rise of Heirs Holdings Companies

A data-driven evaluation by the Financial Times and Statista highlights indigenous corporate resilience, signaling a paradigm shift toward private sector-led economic transformation across Africa

Ozioma Iwuh · May 23, 2026

Lagos Breaks Revenue Record With ₦2.6tn Earnings in One Year
Business

Lagos Breaks Revenue Record With ₦2.6tn Earnings in One Year

Commissioner says strengthened tax administration and innovative financing boosted infrastructure development across the state

Our Reporter · May 22, 2026