Business News

Guaranty Trust Holding Company Plc has reported profit before tax of N433.2bn, representing an increase of 155.2 percent over N169.7bn recorded in the same period in 2022. This was disclosed...

Two separate bills demanding greater transparency in the operations of the Central Bank of Nigeria, CBN, passed second reading in the Senate on Wednesday. The first bill titled: Central Bank...

The African Petroleum Producers Organisation has kicked against the push for a speedy implementation of energy transition in Nigeria and other countries in Africa. APPO, an inter-governmental oil and gas...

The Directors of the action aid country have recently issued a strong call to the International Monetary Fund (IMF) and the World Bank, urging them to change their approach toward...

The Central Bank of Nigeria has recently disclosed that Nigeria's total money supply, identified as M2, surged to an impressive N66.4 trillion in September 2023. M2 encompasses the total amount...

The Central Bank of Nigeria (CBN) released its most recent monetary statistics, revealing a 91.7% decline in Nigeria's Net Foreign Assets (NFA). These assets now stand at a mere N591...

Global energy company Eni celebrated the sail away of the Tango Floating Liquefied Natural Gas (FLNG) and Excalibur Floating Storage Unit (FSU) vessels from Dubai to the shores of the...

On Tuesday, Microsoft (MSFT) revealed its quarterly financial results after the market closed, surpassing analysts' expectations in terms of both revenue and earnings per share. The tech giant recorded $56.5...

1. PenCom recovers N25.13bn unremitted pension contributions, penalties from employers The National Pension Commission (PenCom) says it has recovered N25.13 billion from defaulting employers which comprises of N12.80 billion principal...

THE Federal Government through the Nigerian Shippers Council, NSC, yesterday reduced port terminal charges by 33 per cent from to 400 per cent to 600 per cent of storage. But the...