Business News

The Nigerian National Petroleum Company Limited has said it spent a total of N1.65bn in 16 months as donations to various organisations and others not disclosed. This was contained in...

In a surprising turn of events, the exchange rate for cargo clearance experienced a substantial surge, reaching N1413.6/$ just 24 hours after the Central Bank of Nigeria (CBN) adjusted the...

Chevron Corporation has said it returned $26bn to investors for the year 2023. This is despite the company’s declaration that its reported earnings declined compared to last year. “In 2023,...

The representative of the Chinese Ambassador to Nigeria and the Consul General of the People’s Republic of China, Yan Yuqing, has said the bilateral trade between Nigeria and China stood...

The Institute of Chartered Accountants of Nigeria has appointed Dr Musibau Olasunkanmi as its new Registrar/Chief Executive. The appointment was announced on Friday following the approval of the Governing Council...

In three months, from September 2023 to December 2023, the Central Bank of Nigeria (CBN) reports a substantial surge in currency in circulation (CIC), witnessing an impressive uptick of about...

Federal safety inspectors have reported that Tesla is recalling 2.2 million of its cars on US roads due to warning light display sizes that are too small. The National Highway Traffic...

Bullish trading resurfaced on the stock market on Thursday leading to a gain of N902bn. This came after two bearish sessions on the back of profit-taking activities. A similar trend...

Fortified Sugar brought in the highest revenue to BUA Foods of its different business segments in 2023. The firm’s total revenue rose by 74.13 per cent to N728.48bn in 2023...

The Central Bank of Nigeria, CBN, has fixed $1m as the minimum share capital requirement for International Money Transfer Operators in the country. This was revealed in its revised guidelines...