Business News

The Central Bank of Nigeria says it is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in the country. It said this in a statement...

The National President of Nigeria Association of LPG Marketers, Oladapo Olatunbosun has berated Nigeria Customs Service for its alleged reluctance to implement the presidential directive on zero import duties on...

Only 12 per cent of workers in Nigeria were in wage employment as of the end of the second quarter of 2023, the National Bureau of Statistics has disclosed. This...

The Federal Government is introducing incentives to attract oil and gas investment as Nigeria – Africa’s biggest economy, works to ramp up crude oil output. Some of the measures being...

There are indications that policy holders are now extracting claims payments from their insurance firms, a development which may have caused aggregate claims paid by the firms to rise by...

The Federal Government’s appetite for foreign loans is waning, the latest data from the Debt Management Office has revealed. This is as total debt public debt rose to N87.91tn as...

The market capitalisation of the Nigerian Exchange Limited crossed the N40tn mark at the close of trading on Wednesday on the back of increased activity in banking stocks. Similarly, the...

In a noteworthy development, Dangote Sugar Refinery's shareholders are experiencing a positive turn as the company's share price has surged by an impressive 258% Year-to-Date (YtD). This uptick provides a...

Zenith Bank Plc has accomplished a significant milestone as the only company from Nigeria included in the prestigious and exclusive World Finance 100 2023 list published by World Finance Magazine....

The Intra-African Trade Fair (IATF), organized by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the AfCFTA Secretariat, recently took place in Cairo, Egypt. In...