Business News

Real estate and construction firms in the country were able to secure loans totalling N2.26tn in eight months, findings by The PUNCH have shown. The amount borrowed from banks was...

Nigeria’s oil earnings increased by over N273.8bn in September 2023 following the rise in crude oil production by operators in the sector, Sunday PUNCH findings showed. An analysis of the...

Netflix (NFLX) witnessed a 16% surge in its stock price on Thursday, propelled by robust subscription growth in Q3 2023. The streaming giant's quarterly revenue report, released on Wednesday, revealed...

The National Agency for Science and Engineering Infrastructure has signed a $2bn memoranda of understanding with three prominent Chinese partners for upcoming projects. The agreement was revealed in a statement...

Del-York Group and the Lagos State Government have launched a state-of-the-art film city project in Epe, estimated to cost $100m. Lagos State Governor, Babajide Sanwo-Olu, on Wednesday in Ejirin, a...

The Federal Government’s debt to the Central Bank of Nigeria through the Ways and Means Advances fell to N4.36tn after most of it was restructured in June, 2023, Saturday PUNCH has learnt....

Oil marketers say mixing ethanol with Premium Motor Spirit can crash the price of petrol across the country to N49 per litre, as the country is experiencing its scarcity in...

John Musunga, the Chief Executive Officer of Guinness Nigeria Plc, has recently reiterated the company's unwavering commitment to Nigeria and its determination to further invest in the country. In a...

Trade, a delegation of American investors, as part of the USAID-sponsored American Institutional Investor Reverse Roadshow, has expressed considerable enthusiasm for the multitude of opportunities present within Nigeria, particularly in...

The electricity distribution companies, DisCos, have improved their revenue collection while reducing losses arising from technical, commercial and general operations. The National Electricity Regulatory Commission, NERC, said that the Aggregate...