Business News

President Bola Tinubu has written to the Senate requesting for screening and confirmation of five persons appointed as directors of the board of the Central Bank of Nigeria. The President’s...

Brent, the global benchmark for crude, rose to $83.19/barrel on Tuesday evening, moving up by $1.19 when compared to its cost the preceding day, as latest data from the Federal...

The naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499/ from an all-time low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market. This means...

Nigerian Breweries PLC has issued a "Price Review Notification" to all its direct customers in the West Zone. The notification, contained in a letter issued on Monday, February 12, 2024,...

1. Buhari’s reckless policies responsible for current hardship — Sanusi, Oshiomhole AS Nigerians gnash their teeth over the economic downturn, former governor of the Central Bank of Nigeria, CBN, Dr....

The Federal Government, on Monday, said the 2024 dry season farming would create 5-10 million jobs across the country. It disclosed this at the 30th regular meeting of the National...

The Nigerian exchange shrugged off last week’s negative trading to gain N101bn on Monday. The All-Share Index and the market capitalisation were up by 0.18 per cent to close at...

The International Monetary Fund has said Nigeria’s foreign reserves may fall to $24bn in 2024. The fund revealed this in its latest country report for Nigeria, indicating a significant drop...

The naira fell to a new all-time-low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market on Monday. This indicates a loss of 3.93 per cent fall or N58...

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced the successful completion of the delivery of over 475,000 barrels of crude oil to the Port Harcourt Refining Company...