Business News

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...

1. Nigeria facing worsening economic crisis, says IMF The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria......

The Nigeria Agricultural Quarantine Service and the Nigeria Oil and Gas Free Zones Authority, both agencies of the Federal Government, have agreed to collaborate in areas of trade facilitation and...

Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory...

In the first major judicial decision on the Petroleum Industry Act 2021, the Federal High Court has affirmed the power of the Nigerian Midstream and Downstream Petroleum Regulatory Authority to...

The Federal Government is aiming to create 1.2 million jobs for through the construction of 3,112 housing units under the Renewed Hope Initiative. The Minister of Housing and Urban Development,...