Business News

1. New policy to address maritime challenges on the way The Federal Government will soon release a new maritime  policy  aimed at tackling challenges faced by operators in the Marine...

The rally on the local equity market entered its ninth day on Tuesday bumping the market capitalisation of the Nigerian Exchange to about N53.97tn. At the end of trading, investors...

After several days of volatility, the naira rebounded at the official I&E Window on Tuesday, closing at N878.61/$1 against the N925.34/$1 it closed on Monday. The latest indicates a major...

Drug prices are set to remain high in 2024 as import prices of pharmaceutical products may hit over N900bn due to the depreciation of the naira. This is set to...

The Federal Government through the Bureau of Public Enterprises is currently carrying out transactions for the sale of five power plants under the National Integrated Power Projects at a cost...

Heirs Energies, the foremost indigenous-owned integrated energy company in Africa, recently marked its third anniversary, celebrating a short yet impactful journey. Within this brief period, Heirs Energy has established a...

United Bank for Africa (UBA) Plc has continued to ascend the global financial echelons, securing an array of esteemed international awards that underscore its unwavering commitment to the economic development...

Swedish telecommunications giant Ericsson delivered a cautionary message on Tuesday, revealing its anticipation of a sustained market downturn outside China throughout the current year. This forewarning comes on the heels...

1. Illegal mining: Taskforce impounds 21 trucks of coal The licensed and legal Coal Miners in Kogi State have  said that in a bid to defeat illegal mining in the...

The Advertisers Association of Nigeria has expressed outrage at the decision by the Advertising Regulatory Council to impose a N3m vetting fee for advertisements produced outside Nigeria. According to ADVAN...