Business News

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...

The Governor, Central Bank of Nigeria, Mr Olayemi Cardoso, has said the banks need increased capital to support the economy. Cardoso spoke during Nigeria Sustainability Summit 2023 event at Access...

The Nigerian National Petroleum Company Limited, on Tuesday, said only appropriate pricing for gas in Nigeria would create the required market for the commodity in the country. NNPCL’s Group Chief...

Charks Investment Limited, a firm with influential shareholding in Mutual Benefits Assurance Plc, has divested 14,622,000 units of its holding in the company. According to a corporate notice filed with...

Investors in the Nigerian equity market gained N35bn at the close of the trading session on the  Nigerian Exchange Limited on Tuesday. This signalled an improvement in the figure of...

Three years after its establishment by the Ekiti State Government, Ikun Dairy Farm Limited (IDFL), in collaboration with Fountain Holdings Limited and Promasidor Nigeria Limited (PNL), reports a significant transformation...