Business News

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...

The Federal Government has lost an estimated $16tn to natural gas flaring in 10 years, a report obtained by The PUNCH on Monday has shown. The Energy Institute’s 72nd edition of the...

Following a positive close last Friday, the Nigeria Exchange (NGX) kicked off the new week on a bearish note with the All-Share Index dipping by 0.15%, settling at 71,008.7 points...

Abdul Samad Rabiu, billionaire and chairman of BUA Group, presented the University of Maiduguri with a N1 billion International Centre for Innovation and Entrepreneurship created by his personal foundation, Abdul...

1. Investors’ interest soars in highly capitalised stocks The positive trend persisted for the third consecutive week in the Nigerian stock market, with investors showing interest in highly capitalised stocks......

Insurance experts strongly advocate the adoption of critical illness insurance as a paramount priority for Nigerians to safeguard their health within the country. This call was underscored during a webinar...