Business News

At the recently concluded Africa Financial Industry Summit in Lome, Togo, United Bank for Africa (UBA) Plc emerged as the distinguished recipient of the African Champion of the Year 2023...

Demand for Liquefied Petroleum Gas or cooking gas has fallen despite several interventions by the Federal Government to ramp up supply and boost local consumption, The PUNCH can authoritatively report....

The Petroleum Tanker Drivers arm of the Nigeria Union of Petroleum and Natural Gas Workers, on Sunday, threatened to pull out of NUPENG. PTD declared that it would pull out...

The Nigeria Sovereign Investment Authority has launched a $500 million Renewables Investment Platform for Limitless Energy dedicated for the development of renewable energy projects across the entire value chain. It...

Inflation rate in Nigeria has increased 24 times in the last 25 months (two years), according to findings by The PUNCH. This is according to an analysis of the Commodity...

The Global System for Mobile Telecommunication Association has highlighted the adverse impact of taxation and duty levies on smartphone adoption in Nigeria and Sub-Saharan Africa. According to GSMA’s report, taxes...

The Managing Director of the Federal Housing Authority, Gbenga Ashafa, has said the authority requires at least N500bn to sufficiently reduce the number of homeless persons in the country. This...

MTN Nigeria is in the process of renegotiating periodic reviews of the company’s tower contracts. The firm noted that these contract renegotiations are important in mitigating the impact of forex...

Despite the high prices of food and various commodities in Africa’s most populous nation, the National Bureau of Statistics said food inflation declined by 0.54 percent in October. On Wednesday,...

Nestlé Nigeria has recently underscored its unwavering commitment to environmental preservation through an extensive and impactful nationwide clean-up campaign. The company, a prominent player in the food and beverage industry,...