Business News

The Federal Government, on Monday, revealed that more than N4.3tn worth of crude oil was stolen in 7,143 pipeline vandalism cases within a period of five years. It disclosed this...

Amidst the economic challenges faced by various sectors, Nigerian cement producers have displayed remarkable resilience, managing to maintain profitability throughout the first nine months of this year, despite grappling with...

TAJBank Limited has once again emerged as the recipient of BusinessDay's esteemed 'Islamic Bank of the Year Award' for the third consecutive year. This remarkable achievement was celebrated at the...

In the month of October ( naira), there was a notable 6.2% decrease in the total inflow of foreign currency into the Nigerian Autonomous Foreign Exchange Market (NAFEM). This decrease...

According to Dangote Industries Limited, more than $687.98 million has been repatriated so far through different Nigerian banks. The business said in a statement on Sunday that it received $576,008,672.41...

Climate change costs Nigeria about $100bn annually, an Agora report has stated. “The report titled “Climate Change and Socio-Economic Development in Nigeria, “ noted that climate change was increasing hunger,...

Scarcity of Liquefied Petroleum Gas also known as cooking gas has hit Lagos and some other states in the country. The other affected states, according to findings by our correspondents...

The stock market closed last weekend on a positive note as investors smiled home with N1.7 trillion. The Nigerian Exchange Limited, NGX market capitalisation which represents the total value of...

A former Governor of the Central Bank of Nigeria, Lamido Sanusi, has advised the incumbent governor of the apex bank, Olayemi Cardoso, to adopt strategic measures that will drive down...

The United States and the European Union have joined forces with the African Development Bank (AfDB) and the Africa Finance Corporation to launch a significant initiative to counter China's Belt...