Business News

The Nigerian Exchange Limited closed with over 13tn gain for investors in the equity market. This gain nearly tripled the figure recorded in 2022, which stood at N5.619tn, after the...

Nigeria got $1.71bn in foreign loans to boost foreign exchange inflow into the country in the first nine months of 2023. Total capital importation including Foreign Direct Investment, Foreign Portfolio...

Foreign Direct Investments into Nigeria declined by $470.8m in the last five years, findings by The PUNCH revealed. This followed analyses of different Capital Importation reports published by the National...

Power distribution companies, on Sunday, denied reports of electricity tariff hike beginning from today, January 1, 2024. They said the Nigerian Electricity Regulatory Commission had not issued any directive for...

Power consumers lodged a total of 333,947 complaints bordering on metering, billing and service interruption to their various distribution companies within a period of three months, the Federal Government has...

The World Bank has said that Nigeria and other countries in Africa, North America, and Latin America have been most affected by domestic food price inflation. In its recently released...

The President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, has projected that the country’s inflation rate will decelerate in 2024. Idahosa, who was speaking during an exclusive...

USD, in the current landscape of the ongoing Russia-Ukraine conflict, there is a discernible paradigm shift unfolding in the global oil trade dynamics, with a noteworthy departure from the longstanding...

Local investors, in 2023, domestic transactions on the Nigerian Exchange Limited (NGX) reached N2.9 trillion, surpassing the N362.8 billion recorded for foreign transactions. Domestic transactions constituted 84% of total transactions...

The Chief Executive Officer of Nigerian Exchange Limited, Temi Popoola, has said that the domestic entertainment sector, Nollywood, can help to further boost retail investor activity in the capital market...