Business News

An increase in dollar supply to the country in 2024 will strengthen the position of the naira, the Director-General of the Budget Office of the Federation, Ben Akabueze has disclosed....

In 2007, the Ministry of Foreign Affairs of Japan undertook a laudable initiative by establishing the Japan International MANGA Award, a prestigious accolade designed to recognize and honor manga artists...

NielsenIQ has disclosed that 60 per cent of Nigerian consumers have responded to the country’s high inflation by switching brands in the last year. It stated this in a study...

The costs of intercity bus travel jumped by 61.27 per cent in November when compared to the same period in the prior year, according to the National Bureau of Statistics....

The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector. The apex bank therefore advised the public to...

1. Discos install 504,729 meters, unmetered customers now 7.1million  The number of power consumers without meters across the country is now 7,117,167, as a total of 504,729 meters were installed...

The Chairman of the Board of Ecobank Nigeria Limited, Mrs Bola Adesola, has described women’s economic empowerment as a pathway to national economic growth. The banker stated this at the...

The naira exchanged to the dollar at 1,233/$ on Monday at the parallel market, according to Bureau de Change operators. Some BDC operators who spoke to The PUNCH said, the...

The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from the World Bank to procure 21 items, which included office...

After the government of Sierra Leone issued a Petroleum Licencing Agreement, exploration rights in six offshore oil blocks were granted to F.A Oil Limited, a firm owned by Nigerian billionaire...