Business News

Tackling the growing problem of food insecurity and malnutrition in the country was at the front burner when stakeholders met during the SUN Business Network Annual Meeting held in Lagos...

Minister of Industry, Trade and Investment, Doris Anite, on Friday, announced significant investment commitments secured by the government since its inauguration eight months ago. While this announcement suggests potential economic...

Prices, various wholesalers and retailers within the alcoholic beverage industry are voicing their distress over the dwindling patronage of their products in the face of skyrocketing costs, a consequence of...

The naira suffered a fresh slide both at the official and parallel foreign exchange markets on Friday. The national currency depreciated to on Friday N1,670/$ from N1,600/$ recorded at the...

The House of Representatives has resolved to stop sports betting in the country and urged the National Lottery Regulatory Commission to comply with the Lottery Regulatory Commission Act, 2005. The...

Economists have linked the nation’s rising inflation to the continued depreciation of the naira and high fuel prices. They spoke as the country’s inflation hit 29.90 percent for January 2024....

The naira appreciated slightly against the United States dollars at the Nigerian Autonomous Foreign Exchange Market on Thursday, closing at the rate of N1,498.25/$ from N1,503.38/$ recorded the previous day....

The Nigerian exchange maintained its positive trading trend for the second consecutive day as it gained N329bn. The All-Share Index and the market capitalisation rose by 0.58 per cent to...

Due to sluggish domestic demand, Japan's GDP unexpectedly shrank, entering a recession and losing its ranking as the third largest economy in the world to Germany. The Cabinet Office said...

The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters....