Business News

The Federal Government has said that the $1.1bn needed for the rehabilitation of the ports in the country was almost ready. The Minister of Marine and Blue Economy, Adegboyega Oyetola,...

The nation’s Gross Domestic Product growth fell to 2.74 per cent in 2023 from 3.10 per cent in 2022, according to new GDP report released by the National Bureau of...

The Federal Government is to stop the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically so as to warrant a crash...

The National Bureau of Statistics (NBS) has revealed that Nigeria's Gross Domestic Product (GDP) experienced an average growth of 2.74% in 2023, as stated in its latest report. This figure...

The  Chartered Institute of Bankers of Nigeria, the Body of Banks CEOs and the anti-graft agency, the Economic and Financial Crimes Commission have agreed to work together to tackle the...

The National Council of Managing Directors of Licensed Customs Agents has said that the border closure increased the poverty level of Nigerians by 40 per cent. The founder of NCMDLCA,...

The United States Consulate in Nigeria has stated it is seeking ways to expand bilateral trade and investment and ensure prosperity between the United States and Nigeria.  The Political and...

The country’s monthly petrol import was reduced by about 1 billion litres after President Bola Tinubu removed fuel subsidy in June, a report by the National Bureau of Statistics has...

The Nigerian equity market continued to bleed for the second consecutive day this week as it lost N730bn on Tuesday. Dangote Cement, MTN Nigeria had dragged the market to a...

The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the naira fell to an all-time low of 1,850 per dollar...