Business News

CardinalStone Partners Limited, a prominent multi-asset investment management firm based in Nigeria, recently achieved remarkable recognition by clinching four prestigious awards at the prestigious BusinessDay Banks and Other Financial Institutions...

Foreign airlines have disclosed that about 90 per cent of their $783m trapped funds have not been unpaid. The airlines stated this during a stakeholders’ forum convened by the Minister...

The Nigerian National Petroleum Company Limited on Tuesday said it had launched a new crude oil grade ‘Nembe’, and had shipped its first cargo in October consisting of two 950,000...

Determined to fortify Nigeria’s trade competitiveness, the Nigeria Port Authority has said it is launching a whopping $1.1bn for the rehabilitation plan of all the ports in Nigeria in the...

The federal government has so far saved about N1.45tn from earnings generated from the removal of subsidy on Premium Motor Spirit, popularly called petrol between June and September. This is...

Meta is barring political advertisers from utilising the firm's new artificial intelligence capabilities, which enable brands generate text, backdrops, and other marketing content, in an effort to restrict the technology's...

1. Focus on solid minerals to boost revenue, ASHON tells FG The Chairman, Association of Securities Dealing Houses of Nigeria, Sam Onukwue, has urged the Federal Government to focus on...

Dangote Cement has offered series 10 and 11 of its Commercial Papers under its N300bn Issuance Programme. According to updates from stockbroking firms, the series which was up to N50bn...

At least six of the top banks in Nigeria grew their profits by 214 per cent to N2.06tn in the period ended September 2023 compared to N656.15bn recorded in the...

The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing the momentum it gathered last week. This represents a N80...