Business & Economy
Breaking business news in Nigeria. Stock market updates, banking, fintech, startups, investments, and economic analysis - only on PhilipsNews.com.
Federal Government Cancels $717m World Bank Power Loan Amid Blackouts
The federal government has cancelled a $717 m World Bank power loan amid blackouts. Philips News reports that the Federal Government...
Read moreDetails
VIDEO: Aliko Dangote Reveals When Dangote Refinery IPO Will Launch
Aliko Dangote has revealed when the Dangote Refinery IPO will launch. Philips News reports that the President and Chief Executive of...
Read moreDetails
How to Start a Profitable POS Business in Nigeria in 2026 (Complete Guide)
Learn how to start a profitable POS business in Nigeria in 2026. Step-by-step guide on setup, capital, location, profits, risks,...
Read moreDetails
Top NGX Companies Paying Dividends in May 2026 — Full List & What Investors Should Know
Discover the top NGX companies paying dividends in May 2026—see the full list, payout details, and smart insights investors need...
Read moreDetails
Jim Ovia Retires as Zenith Bank Chairman — What It Means for Nigeria’s Banking Sector
Jim Ovia retires as Zenith Bank Chairman. Discover what his exit means for Nigeria’s banking sector, investors, and the future...
Read moreDetails
Dangote Refinery Increases Petrol Price
Dangote Refinery has increased the petrol price. Philips News reports that Dangote Petroleum Refinery has increased the ex-depot price of petrol...
Read moreDetails
Crude Oil Price Hits $115 Per Barrel, Highest in 4 Years
Crude oil price has hit $115 per barrel, the highest in 4 years. Philips News reports that Brent crude surged to $115...
Read moreDetails
₦36bn, $30m Fraud: EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni
EFCC has arrested ex-Skye Bank Chair Tunde Ayeni over ₦36bn, $30m fraud. Philips News reports that the Economic and Financial Crimes...
Read moreDetails
CBN Hikes ATM Card Fee, Scraps Maintenance Charges
CBN has hiked the ATM card fee. Philips News reports that the Central Bank of Nigeria (CBN) has raised the cost...
Read moreDetails
President Tinubu Sacks Minister of Finance, Wale Edun
President Tinubu has sacked the Minister of Finance, Wale Edun. Philips News reports that President Bola Tinubu has approved a...
Read moreDetails
Philips News is an Independent online news platform owned by Nigerian journalist, Philips Sunday. We provide breaking news in Nigeria, in-depth analysis, and real-time updates on the stories shaping the nation.