Business News

The Nigeria Employers’ Consultative Association has called for strategic intervention as a proactive step in mitigating the impact of the multi-dimensional challenges currently being faced by businesses. NECA commended the Federal...

An investment bank, Comercio Partners, has said that the adoption of strategic interventions and policy support will boost the growth rate of Nigeria’s Gross Domestic Product. The Co-Founder, Comercio Partners, Nnamdi...

No fewer than 321,867 Micro Medium and Small enterprises have enjoyed wholesale funding of $1.4bn in six years, the World Bank said in a report on Friday. The report titled,...

The management of Dangote Refinery has confirmed receiving the maiden one million barrels crude cargo. The PUNCH had earlier reported that the crude was discharged at the refinery’s terminal on Thursday....

The Central Bank of Nigeria, on Friday, said its attention had been drawn to the circulation of counterfeit banknotes. The banking regulator noted that the counterfeit notes were common with...

The minority shareholders of Glaxo SmithKline Consumer Nigeria Plc have agreed that their shares should be acquired at the rate of N17.42 per unit as the company concludes the process...

Taxes from companies and consumers rose by 59.07 per cent to N6.19tn in the first nine months of 2023. In the first three quarters of 2023, the total amount paid...

The poor state of electricity in Nigeria adds 40 per cent to the cost of manufactured products, a new report by Nanyang Technology University’s Centre for African Studies has stated....

The first crude feedstock for Dangote’s 650,000 b/d refinery has arrived the country, according to SP Global quoting market sources and tanker tracking data. The analytical firm said the development...

African Development Bank Group President, Dr Akinwumi Adesina, has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialisation progress by penalising value-added exports including...