Business News

The Minister of Information and National Orientation, Mohammed Idris, on Wednesday, said the importation of Premium Motor Spirit, popularly called petrol, into Nigeria has reduced by 50 per cent since...

The naira appreciated marginally against the United States dollar to N1,609 on Wednesday at the official market from N1,615.94 recorded the previous day. This indicates an increase of N6 or...

Investors in the Nigerian stock market experienced a substantial setback, with approximately N1.5 trillion lost in their investments following a significant adjustment in the Central Bank of Nigeria's (CBN) Monetary...

Nestlé Nigeria Plc, one of Africa's largest food and beverage companies, faced significant financial challenges in 2023 due to the devaluation of the naira, resulting in a staggering loss of...

Nissan announced on Wednesday that it will begin offering self-driving taxis in Japan in the fiscal year that begins in April 2027. The company announced that it will start testing...

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400 basis points to a record 22.75 per cent. The MPR...

The Federal Government, on Tuesday, declared to Western nations in Europe and America that Nigeria would not stop the exploration of fossil fuels despite the pressure being mounted by the...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce infractions in the country’s banking system. He said this on...

The Nigerian National Petroleum Company Limited has assured Nigerians that the country’s energy scarcity will be over in the next 10 years. The NNPCL Group Chief Executive Officer, Mele Kyari,...

A total of 12 African startups have received $120,000 each in investment, along with training and mentorship, to advance their entrepreneurial endeavors. These african startups, including 24Seven, Beauty Hut, Eight...