Business News

The Nigeria Employers’ Consultative Association, the umbrella body for Employers in Nigeria, has described the banning of packaging of alcoholic drinks in sachets and small-sized bottles by the National Agency...

The Corporate Affairs Commission has disclosed that it has commenced the registration of 2 million small businesses as part of measures towards formalising the sector. The CAC, in a statement...

The price of cement has risen by 100 per cent in three years to a record high of N7,000, on the back spiralling inflation in the country. Sunday PUNCH findings...

The profit of oil & gas firm, MRS Oil Plc, rose by 272 per cent to N4.89bn in 2023. This was indicated in its unaudited financial statements for the year...

The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Tokunbo Abiru, has called on the Central Bank of Nigeria to engage the National Assembly and critical stakeholders...

Last year, the collective tiers of government in Nigeria, including the federal, state, and local authorities, experienced a substantial windfall from foreign exchange gains totaling N2.52 trillion, as reported by...

Airline operators have hinted that they may be forced to review fares upward as the aviation fuel surged to above N1300. This was made known in a statement on Friday...

International Money Transfer Operators and banks in the country have halted the payment of dollars to their customers. Some banks on Friday informed their customers that they would no longer...

The Central Bank of Nigeria (CBN) has announced significant reforms in the foreign exchange market, signalling a move towards a market-driven exchange rate mechanism and potentially paving the way for...

Financial analysts have projected that several factors, including the management of inflation, exchange rate by the Central Bank of Nigeria and technological advancements will be the major determinants of the...