Business News

Elon Musk's aerospace company, SpaceX, has recently undertaken a significant venture by deploying six Starlink satellites equipped with direct-to-cell capabilities. This strategic move is poised to revolutionize global mobile communication...

The naira closed trading at N1035.12/$ on the official Investor and Exporter foreign exchange window on Wednesday. This is a 4.72 per cent decline from the N988.46/$ it closed trading...

The Independent Petroleum Marketers Association of Nigeria has said that its members cannot afford to purchase 45,000 litres of petrol due to the removal of fuel subsidy by President Bola...

The increasingly high cost of production, transportation and other factors have caused the price of one kilogramme of local rice to jump by 73.2 per cent in one year, according...

According to the Central Bank of Nigeria’s (CBN) economic report for the third quarter of 2023, foreign direct investors have significantly increased their asset disposals in Nigeria, reaching a substantial...

1. NRC to commence night operations The Nigeria Railway Corporation has concluded plans to launch night operations before the second quarter of 2024... Read more Source: https://punchng.com/nrc-to-commence-night-operations/ 2. Naira falls...

Wheat production, the Federal Ministry of Agriculture and Food Security has taken a significant stride by initiating the 2023/24 dry season farming program, demonstrating a dedicated effort to enhance production...

The market capitalisation of the Nigerian Exchange Limited rose by 1.63 per cent on Tuesday, the first day of trading in the New Year, thus adding about N666bn to the...

The Nigerian National Petroleum Company Limited and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, clashed again over the removal of subsidy on...

The Manufacturers Association of Nigeria has said that 2024 may not be a good year for manufacturers and that it foresees a challenging first six months of the year for...