Business News

May & Baker Nigeria, a pharmaceutical manufacturing company, has reported a 38% growth in revenue, reaching N14.3 billion in the first nine months of 2023. This positive performance contrasts with...

Nigeria lost about N289.6bn crude oilrevenue in November 2023 following a plunge in the country’s oil output last month, when compared to what it pumped in the preceding month of...

The commitment of the federal government to the expeditious completion of the Ajaokuta Steel Company is being fervently reiterated, heralding a transformative era for the domestic manufacturing landscape, particularly in...

Cooperative societies, the incumbent President of the Chartered Insurance Institute of Nigeria (CIIN), Edwin Igbiti, delivered a compelling message underscoring the imperative for cooperative societies and clubs to integrate insurance...

The Chairman of the Edo State Investment Promotion Office, Kelvin Uwaibi has said that its participation at the 27th World Investment Conference in New Delhi, India is strategically aimed at...

Arshad Rab, the distinguished Chairman of the International Council of Sustainability Standards for Value-Driven Financial Institutions, recently addressed the imperative for Nigeria to establish robust financial institutions as a cornerstone...

Stakeholders in the crypto ecosystem have said regulation of cryptocurrencies will create new tax revenues for the government. They spoke after the Central Bank of Nigeria lifted the ban on...

Despite increased earnings from the unification of foreign exchange rates to government coffers, six ministries, departments, and agencies have budgeted N244m to cover foreign exchange losses. This is according to...

In the face of economic challenges, the African smartphone market has witnessed a robust 12% year-on-year growth in smartphone shipments during the third quarter of 2023, as reported by global...

The exit of international companies from Nigeria could hurt the small and medium businesses in Nigeria, experts have warned. According to economic experts, SMEs which provide backward, forward integration services,...