Business News

A recent study conducted by the Danne Institute for Research disclosed that Lagos, the commercial hub of Nigeria, is losing a staggering N4tn annually, attributed to profound traffic congestion. The...

The majority shareholder in Geregu Power Plc, Amperion Power Distribution Company Limited, has offloaded one million units of its holdings in a cross-deal stock sale. According to a corporate notice...

The Federal Government and the United Nations, as well as other development partners, are to raise $5bn annually for Nigeria’s Humanitarian and Poverty Alleviation Trust Fund, the Ministry of Humanitarian...

Despite recent assurances by the Central Bank of Nigeria that there is enough naira in circulation, reports of scarcity have emerged across the country. A survey by The PUNCH, on...

Foreign crude shippers, the Federal Inland Revenue Service (FIRS) has recently issued a firm directive to foreign companies engaged in the transportation of crude oil from Nigeria, urging them to...

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...