Business News

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...

The total domestic debt stock may have risen by 133.95 per cent to N51.96tn as of the end of 2023. This is based on new revelations by the Director-General of...

The terms of an antitrust settlement with US states and consumers filed in federal court on Monday state that Google has agreed to pay $700 million and permit more competition...

1. US charges Nigerian businessman, firms with multimillion-dollar fraud The United States Securities and Exchange Commission has said Tingo Group Inc. lied about having $461.7m in its subsidiary Tingo Mobile’s...

President Bola Tinubu, on Monday, promised the international investment community that his administration would preserve Nigeria as a top-level destination for offshore and onshore investments. “We are committed to removing...

The trade balance between Nigeria and China increased to N7.54tn in the first nine months of 2023, findings by The PUNCH have shown. According an analysis of data from the National Bureau...