Business News

Adult population, the Central Bank of Nigeria (CBN) has acknowledged the strides made in advancing financial inclusion within the country. Despite this progress, the CBN has highlighted persistent disparities, particularly...

The collaborative efforts between the Federal Government of Nigeria, through the Ministry of Solid Minerals Development, and the World Bank were underscored on Tuesday as both entities expressed a shared...

1. Investors gain N130bn amid moderation in trade volume, deals Trading activities on the Nigerian Exchange Limited moderated on Tuesday even as the investors gained N130bn at the close of...

ABUJA-A day after the power grid collapsed for the second time this year, the Federal Government has disclosed that as part of the overall reform of the sector, the Transmission Company of...

Nigeria gets about 40,000 megawatts of electricity from generators powered by Premium Motor Spirit, popularly called petrol, and those run by Automotive Gas Oil, also known as diesel, the Federal...

The British International Investment, the United Kingdom’s development finance institution and impact investor, has concluded plans to invest $15m in equity into a Singapore-headquartered agricultural commodities trading house, Valency International....

Trading activities on the Nigerian Exchange Limited moderated on Tuesday even as the investors gained N130bn at the close of trading. Both the All-Share Index and the market capitalisation appreciated...

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) experienced a 0.33% increase, primarily propelled by buying interest in the shares of selected banks, notably Access Holdings Plc and Guaranty Trust...

1. Zungeru plant begins operation Dec, Mambilla suffers fresh setback The Minister of Power, Adebayo Adelabu, has justified why the Mambilla Power project did not get any allocation in the...

Nigeria witnessed another collapse of its national grid on Monday, leading to a crash in power generation from 4,032.8 megawatts around 1pm to 43.5MW at about 2pm the same day....