Business News

Over the course of the last year, there has been a noteworthy escalation in the prices of essential household fuels, specifically kerosene and cooking gas, according to the October 2023...

Rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty by 2023’s end, the World Bank has disclosed. This is based on a...

The 36 states of the federation have spent N1.71tn on recurrent expenditures including allowances, foreign trips, office stationery, aircraft maintenance, and more in the first nine months of 2023. This...

In a significant move to strengthen economic ties, Nigerian and German companies sealed two pivotal agreements in Berlin on Tuesday. The accords valued at $500m, encompass a renewable energy pact...

The Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos, will host the Third Edition of the Zenith Tech Fair, themed "Future Forward 3.0," on Wednesday, November 22, and...

The National Bureau of Statistics says the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023. It made the declaration...

As part of a $4.3 billion deal with the Department of Justice, Binance CEO Changpeng Zhao will resign from his position and enter a guilty plea, according to court filings....

The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation. A report by Bloomberg on Monday which quoted the CBN’s...

At the backdrop of the sharprise in their profit this year, leading commercial banks in the Nigeria have reported 132.1 percent rise in tax remittances to government in the nine...

There are indications that the country may experience a scarcity of foreign-used vehicles, popularly known as tokunbo cars, as dealers complain of import difficulties. Car dealers, who spoke with The...