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Top Businessamlive News

Global Food Prices Drop From Two-Year High in May, UN’s FAO Says
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Global Food Prices Drop From Two-Year High in May, UN’s FAO Says

60% Center coverage: 5 sources
Global food prices declined in May, driven by lower grains, vegetable oil and sugar costs, according to an index of food-commodity prices from the United Nations’ Food and Agriculture Organization.See the Story
Private equity bosses turn bullish on Europe
Germany · Germany

Private equity bosses turn bullish on Europe

67% Center coverage: 3 sources
At SuperReturn in Berlin, a buzz around Europe is undeniable. ...See the Story
Oando’s annual profit surges by 265% as higher oil sales boost revenue
Taxes · Nigeria

Oando’s annual profit surges by 265% as higher oil sales boost revenue

100% Left coverage: 1 sources
Shares in Oando had appreciated by 6.8 per cent in Lagos as of 12:54 WAT, but had shed 4 per cent about the same time in Johannesburg, where it has a secondary listing following the news. The post Oando’s annual profit surges by 265% as higher oil sales boost revenue appeared first on Premium Times Nigeria.See the Story

Stock Market Records N76.35bn Turnover As Market Indices Rise 2.57%

The Nigerian Exchange (NGX) closed the week on a positive note, as key market indicators posted gains amid reduced trading activity due to public holidays declared in observance of the 2025 Eid-el-Kabir celebrations. Investors traded a total of 3.214 billion shares worth ₦76.35bn across 64,156 deals during the four-day trading week. This represents a decline in both volume and value compared to the previous week, which recorded 3.794 billion sha…Eid · NigeriaSee the Story

FG Partners Gates Foundation on $7.5m Nigerian AI Scaling Hub

100% Left coverage: 1 sources
The federal government has launched the Nigeria Artificial Intelligence (AI) scaling hub in partnership with the Gates Foundation to accelerate the responsible adoption of AI technologies in health, education, and agriculture.   The initiative was announced on Monday, during the signing of a memorandum of understanding (MoU) between the federal ministry of communications, innovation and digital economy and the Gates Foundation in Abuja.   Accord…Bill Gates · AbujaSee the Story

SEC mandates T+2 settlement cycle for equities by November – Businessamlive

Onome Amuge Agama, SEC DG The Securities and Exchange Commission (SEC) has set a  deadline of November 28, 2025, for all capital market participants to upgrade their systems and processes in preparation for the transition to a T+2 settlement cycle for equities transactions. This move, detailed in a circular dated June 3, 2025, aims to align Nigeria’s capital market with international standards and enhance efficiency. The directive follows a comp…SEC · NigeriaRead Article

Tinubu’s Two Years Better Than Buhari’s Eight Years – NWDC Member

President Bola Tinubu has recorded more achievements in just two years than former President Muhammadu Buhari achieved in eight years, a member of the North West Development Commission (NWDC) has declared. The NWDC member, Aminu Suleiman, made the declaration on Sunday while comparing the two All Progressives Congress (APC)-led administrations. Suleiman spoke in Lagos shortly after paying Sallah homage to President Tinubu at his Ikoyi residence.…Bola Tinubu · NigeriaSee the Story

Nigeria nudged toward market-driven growth as US rethinks development role – Businessamlive

Onome Amuge The United States is embarking on a shift in its economic engagement with Nigeria, moving definitively from aid to trade, according to Richard Mills Jr., the U.S. Ambassador to Nigeria.  In a recent address held at the Lagos Business School (LBS) themed  “Toward a Robust U.S.-Nigeria Commercial and Investment Partnership”, Ambassador Mills underscored Nigeria’s crucial role in this evolving relationship, highlighting opportunities fo…Trade · LagosRead Article

VivaJets Secures AOC, Accelerates Push for Unified African Airspace

100% Center coverage: 1 sources
Receiving the AOC signals more than just operational approval—it is a gateway to VivaJets’ broader ambition of breaking continental aviation barriers.NCAA · NigeriaSee the Story

Fitch Projects Growth in Nigeria’s Non-Interest Finance, Sukuk Issuance Through 2026 Despite Market Hurdles

Nigeria’s Islamic finance industry is likely to expand from the second half of 2025 through 2026 on the back of increasing sovereign sukuk issuances and Islamic banking assets, driven by new paid-in capital requirements and regulatory moves to develop the industry, Fitch Ratings says.  The post Fitch projects growth in Nigeria’s non-interest finance, Sukuk issuance through 2026 despite market hurdles appeared first on Nairametrics.Finance · NigeriaSee the Story

Op-ed: Two years of President Tinubu – A business perspective – Businessamlive

ABDUL SAMAD RABIU Abdul Samad Rabiu is the founder and chairman, BUA Group.   As Nigeria marks two years under the leadership of President Bola Ahmed Tinubu, I believe it is important to reflect, not from the lens of politics, but from the perspective of business, of industry, and of the economy. I speak not only as the Chairman of BUA Group – one of Africa’s largest conglomerates, but also as someone who has lived through the complexity of Nige…Bola Tinubu · NigeriaRead Article

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