Business News

A recent study conducted by professionals in Nigeria's artificial intelligence (AI) sector projects a significant 30% growth in the country's AI market over the next five years. The growth is...

1. Customs sets N1.130trn revenue target for Tin-Can Command THE Nigeria Customs Service, NCS has set N1.13 trillion as a revenue target for the Tin-can Island Port Command... Read more...

The Nigerian National Petroleum Company Limited says it has in the past one week uncovered no fewer than 83 illegal refineries in the Niger Delta.  The NNPCL disclosed this on...

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be saving N8tn annually from the fuel subsidy removal and exchange...

The naira tumbled to N1,300/$ at the parallel market on Tuesday. This is as it closed trading on the Peer-to-Peer cryptocurrency window at N1,315.3/$1 on the day. Bureau de Change...

Financial analysts from CardinalStone Research project a resurgence in the Nigerian cement industry in 2024, fueled by a renewed government focus on infrastructure development and construction projects. The anticipated boost,...

The Shell Petroleum Development Company of Nigeria Limited has declare its plan to sell its onshore business, to Renaissance. The five entities that make up the consortium of newly appointed...

1. Funding challenges slow FG gas transition plans Ever since assuming office, President Tinubu has been clear about his desire to shift the country’s reliance away from fossil fuels and...

Despite spending at least N21.04bn on foreign trips in the last three years, 14 state governments have failed to attract any form of foreign investments into the domains. The states...

The equities of Chams Holdings Plc (+10 per cent), PZ Cussons (+10 per cent) and 66 other gainers drove the equity market to a gain of N874bn at the close...