Business News

Nigeria's persistent struggle with an unreliable and often insufficient power supply (innovative firm) has been a longstanding issue that has plagued the nation since its independence over six decades ago....

The Out-of-Home Advertising Association of Nigeria has lamented the current economic woes in the country, demanding palliatives for members. The immediate past President of OAAN, Chief Emmanuel Ajufo, stated this...

The Federal Government of Nigeria has officially commissioned a pilot conversion centre for vehicles that will run on compressed natural gas in the Federal Capital Territory. It said the centre...

The National Agency for Science and Engineering Infrastructure has signed a $200m procurement agreement with the Rural Electrification Agency. NASENI’s Executive Vice Chairman, Khalil Suleiman, announced the deal during his...

Naira, the Poultry Association of Nigeria (PAN) has expressed serious concern about the impending collapse of the country's N12 trillion poultry industry. This dire situation is primarily attributed to the...

Profit-taking by investors has dragged the market capitalisation to a loss of N296bn at the close of trading on Thursday. The Nigerian Exchange Limited All-Share Index dropped by 539.48 basis...

The Nigerian National Petroleum Company Limited, on Thursday, said it was set to provide six million barrels of crude oil to the Dangote Refinery. On Thursday, The PUNCH exclusively reported...

The Agriculture Development Farmers Association of Oyo State has urged the Central Bank of Nigeria to reduce the lending rate to boost food production. The Chairman of the association, Salihu...

The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various creditors, the PUNCH can report. A source familiar with the development confirmed...

Nigerians are currently facing a multitude of financial challenges, and the latest announcement from Multichoice, the company behind DStv and GOtv, is likely to add to their woes. The company...