Business News

The market capitalisation of the Nigerian Exchange Limited depreciated for the first time in the New Year. At the close of trading on Wednesday, the eight-day rally in the market...

After lagging the pace of global growth in 2023, global trade is projected to pick up to 2.3 percent in 2024, mirroring projected growth in global output. This reflects a...

Just as its share price touches N29.90 per share on Monday, United Bank for Africa (UBA) Plc, Africa's Global Bank, became a member of the exclusive group of businesses with...

The Nigeria Employers’ Consultative Association, the umbrella body for employers, has disclosed that at least 15 multinationals have either divested or partially closed operations in the country in the last...

Foreign investments in Nigerian startups fell by 65.83 per cent year-on-year to $410m in 2023 from $1.2bn in 2022. The fall in investments caused the country to lose its top...

In a strategic move aimed at deepening its foothold in the African fintech landscape, MTN Group has recently entered into a collaborative partnership with the renowned Swedish technology firm, Ericsson....

Chinese Yuan,  on the most recent Wednesday, the China Foreign Exchange Trade System disclosed a notable adjustment in the central parity rate of the Chinese currency renminbi, commonly referred to...

The costs of air travel rose by 11.01 per cent in November when compared to the same period in the prior year, according to the National Bureau of Statistics. The...

The naira fell to N1089.51/$ on the official Investor and Exporter window on Tuesday. The currency fell by 27.19 per cent from the N856.57/$ it closed on Monday, according to...

Gas Flare - Beijing Zhongmin Xin Junlong, a Chinese new energy technology company, has entered into a $1 billion agreement with Nigerian energy company Nigus International to address the issue...