Business News

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that the Final Investment Decision for the $25bn Nigeria-Morocco Gas Pipeline Project will be...

Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira in 2023. According to an analysis of their...

The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by the three tiers of government...

In an ambitious attempt to boost an economy that has long struggled to develop, Japan's central bank hiked interest rates on Tuesday for the first time since 2007, moving them...

Engineer Komolafe, born in 1963 during Nigeria's transition to a Republic, received his primary and secondary education in Ondo State before pursuing his first Engineering degree at the University of...

The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected a marginal reduction in the pump price of Premium Motor Spirit, popularly called...

The value of the pension fund in dollar terms declined by 29 per cent to $14.39bn in January 2024 compared to $20.41bn in December 2023. According to the January unaudited...

The Nigerian exchange declined by 0.40 per cent as investors reacted to the latest Consumer Price Index figures from the country’s statistics bureau. At the close of trade on Monday,...

Nigeria’s total imports grew to N35.9tn in 2023, from N25.5tn recorded in 2022, according to data by the National Bureau of Statistics. A breakdown of the data showed that in...

Life insurer, African Alliance, has disbursed over N1.1bn in claims within the first 58 days of the year. The Managing Director of the insurance firm, Joyce Ojemudia, disclosed this in...