Business News

Investors in the equity market in February lost about N1.55tn over high yields in the fixed-income market. The hike in the monetary policy rate to 22.75 per cent is also...

The African share of global trade remained at less than three per cent, driven largely by merchandise trade in 2023, a report on the assessment of progress on regional integration...

Dangote Sugar Refinery Plc concluded the year 2023 with a significant loss before tax amounting to N108.92 billion, in stark contrast to the pre-tax profit of N82.3 billion recorded in...

Lafarge Africa Plc, a prominent player in the industrial goods sector, has disclosed an impressive 8.6% increase in revenue for its Financial Year 2023 Results. The company's revenue surged to...

The audited financial statements for the full year 2023 of BUA Cement reveal a notable increase in revenue, reaching N460 billion (equivalent to US$282 million), marking a significant growth of...

The Special Adviser to Lagos State Governor on Housing, Barakat Odunuga-Bakare, has disclosed that the Lagos State Real Estate Regulatory Authority has received over 1,577 petitions regarding real estate fraud...

Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/barrel in the...

The Federal Government, on Friday, declared that the number of Nigerians that lack access to electricity from the national grid has increased to about 92 million. It disclosed this at...

At least, 18 communities in Edo, and Oyo states are currently experiencing power outage caused by technical glitches. This is also as the Port Harcourt Electricity Distribution Company announced that...

Shell Nigeria Plc says it will assist the Nigerian government in providing electricity for millions of people, using renewables. Renewable energy sources include solar, wind, water and other sources that...