Latest News

Markets & Investing

Nigerian stocks fall an opportunity for investors to buy – NGX CEO

Plu Team -
Nigeria’s recent stock market downturn should be seen as a buying opportunity rather than...
Companies

Tesla shareholders approve Elon Musk’s record $1 trillion pay package

Plu Team -
Tesla shareholders have approved CEO Elon Musk’s record-breaking pay package —potentially worth up to...
Security

U.S. draws up military plans for Nigeria after Trump’s order

Plu Team -
The United States military has begun drafting possible intervention plans for Nigeria after President...
Earnings and Dividend

BUA Foods profit doubles, but sugar and pasta face strain

Plu Team -
BUA Foods Plc has reported a strong jump in earnings for the third quarter...
Environment

UN warns global climate pledges falling far short of Paris goals

Plu Team -
The United Nations Environment Programme (UNEP) has warned that the world remains dangerously off...
Earnings and Dividend

Caverton eyes air cargo expansion amid narrowing losses

Plu Team -
Caverton Offshore Support Group Plc says it is moving into air cargo services as...
Security

U.S. lawmaker tackles Kwankwaso on Sharia, Christian deaths

Plu Team -
A U.S. congressman, Riley Moore, has accused former Kano State governor and presidential candidate...
Markets & Investing

Trump’s military threat shakes Nigerian markets as stocks, naira, and bonds fall

Plu Team -
Nigerian financial markets fell on Monday after U.S. President Donald Trump threatened possible military...
Oil & Gas

Tinubu slaps new tax on fuel imports, a major boost for Dangote Refinery

Eric Ojo -
President Bola Tinubu has approved a 15% import duty on petrol and diesel, a...
Earnings and Dividend

UAC blames maize, soybean price slump for quarterly loss

Plu Team -
Nigerian conglomerate UAC of Nigeria Plc (UAC) reported a ₦703 million pre-tax loss for...
World

U.S. strike that killed African migrants may be war crime, Amnesty says

Plu Team -
A U.S. airstrike on a Houthi-run detention center in northern Yemen that killed more...
Technology

Nigerian govt seeks tighter control on TikTok to curb youth “distraction”

Plu Team -
Nigeria’s top technology official has called for sweeping local oversight of TikTok, saying the...
Wildlife

Nigerian lawmakers approve harsher penalties for wildlife traffickers

Plu Team -
Nigeria’s Senate has approved a sweeping conservation bill introducing stiffer penalties for wildlife trafficking,...
Nation

Key Abuja districts to face weeks-long electricity outage

Plu Team -
Several key districts of Nigeria’s capital, Abuja, will face temporary electricity cuts for almost...
Artificial Intelligence

OpenAI, owner of ChatGPT, shifts to for-profit model

Plu Team -
After more than a year of legal wrangling, regulatory scrutiny, and boardroom negotiations, OpenAI...
Earnings and Dividend

Presco Plc approves second interim dividend as profit doubles

Plu Team -
Presco Plc, Nigeria’s leading integrated edible oil producer, reported a sharp jump in profit...
Markets & Investing

Africa’s private capital hits $5 billion, fuelled by M&A rise

Plu Team -
Africa’s private capital market staged a sharp rebound in the third quarter of 2025,...
Small Business

79% of informal Nigerian businesses are bleeding margins, says report

Plu Team -
Nigeria's vast informal economy, often lauded for its resilience, is grappling with a severe...
#PriceTracker

Nigeria’s “Jollof Index” falls for the first time in seven years

Plu Team -
Jollof Index, a measure of how much it costs to cook a pot of...
Companies

Nestlé to cut 16,000 jobs

Olawale Afolabi -
Nestlé, the world’s largest packaged food company, said on Thursday it will cut 16,000...
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