Business News

The richest man in Africa, Aliko Dangote, has announced that his refinery would soon start processing gasoline after obtaining a licence to refine over 300,000 barrels of Nigerian crude oil...

The Group Chairman of the Nigerian Exchange Group (NGX), Dr. Umaru Kwairanga, has revealed plans for a potential dual listing with the Saudi Exchange. Speaking at the Saudi-Africa summit in...

Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment in the country. Aliko-Dangote, who made this disclosure at the...

Investors in the cement manufacturing companies listed on the Nigerian Exchange Limited have had their wealth increased by about N715.89bn in the third quarter of the year. This was contained...

KPMG forecasts that Nigeria’s headline inflation will rise to 30 percent by December 2023, attributing the anticipated increase to recent reforms, such as fuel subsidy removal, and the unification of...

Eight firms have declared N918.1bn as currency revaluation loss following a 68.55 percent decline in the value of the naira against the dollar as of the end of September 2023....

Development Finance Institutions under the auspices of the Association of African Development Finance Institutions have called for actionable plans to incorporate climate-resilient products into African business models as part of...

The Nigeria Customs Service, Western Marine Command, intercepted different contrabands worth N924m between August and October, the command has said. The command in a statement on Friday by its spokesperson,...

Oil and gas giant, Saudi Aramco, which is also one of the leading companies in the world by revenue, is a major target of the proposed dual listing of the...

A report by the Economist Intelligence Unit on Friday  questioned the financial capacity of the central bank to clear $6 billion forex backlogs owed to banks, noting that CBN “lacks...