Business News

Nigeria Liquefied Natural Gas Limited has pointed to vessel scarcity, fluctuations in foreign exchange rates, and soaring oil prices as the primary causes for the recent surge in cooking gas...

China’s declining growth is set to affect Nigeria’s economic fortune, the International Monetary Fund has disclosed. IMF noted that because China has forged deep economic ties with countries in sub-Saharan...

The value of pension funds has declined by 45.18 per cent when valued in dollars, following the devaluation of the naira. Data obtained from the National Pension Commission’s website showed...

The Federal Government’s recently agreed wage with the Labour Congress, salaries to federal workers, and other non-debt recurrent costs are expected to gulp N7.76tn in 2023. This is based on...

An adviser to Europe's top court stated on Thursday that a European tribunal should reconsider its decision to decide in favour of Apple over a tax judgement worth €13 billion...

International financial experts at the Association of African Development Finance Institutions (AADFI) have projected that Africa could suffer a substantial economic setback, losing around $30 billion in Gross Domestic Product...

The Chairman of AA Holdings, Austin Avuru, has projected that demand for Nigeria’s crude oil would drop by 61 per cent in the international market by 2060. He said this...

Every banknote remains legal tender and should not be rejected by anyone, the Central Bank of Nigeria has disclosed. This is as the apex bank directed all its branches across...

MTN Nigeria has raised N52. 89bn from its Series 8 & 9 Commercial Paper issuance under its N250 billion Commercial Paper Issuance Programme. This was revealed in a notice filed...

The oil and gas sector in the country failed to attract any foreign investment for the first time in Q2 2021, amid the global push for cleaner energy, according to...