Business News

NIGERIA and African Export Import Bank, Afreximbank, yesterday, signed an agreement targeted at funding the nation’s $200 million Liquefied Natural Gas, LNG project, located in Bayelsa State. The agreement was...

The Federal Government in collaboration with the Central Bank of Nigeria, has said it would finance production of four million prepaid meters locally, a power sector document obtained by The PUNCH on...

The crises festering in Nigeria’s currency exchange market doubled down yesterday with the local currency depreciating further across all segments of the market. Vanguard’s monitor of the market yesterday indicated...

Namibian Energy, Maggy Shino, who holds the esteemed position of Petroleum Commissioner within Namibia's Ministry of Mines and Energy, delivered a comprehensive and insightful update on the state of the...

AEW, africa is currently grappling with a pressing challenge that involves meeting its rapidly growing energy demands. This issue is multifaceted, given the continent's diverse landscape and the need to...

In a significant development, Bybit, which currently ranks as the world's third most visited cryptocurrency exchange, has unveiled an exciting collaboration with the esports team Made in Brazil (MIBR) to...

1. XEjet Airline takes delivery of Bombardier CRJ200 Indigenous airline Xejet has announced taking delivery of additional Bombardier CRJ-200 with registration 5N-XEJ in its fleet expansion and business plan... Read...

As part of strategies to beat high operating costs in the aviation industry, domestic airlines have increased the number of flight seats, allowing more travellers to commute and boost revenue....

Over 100 mini-electricity grids are currently in operation across the country, making Nigeria one of the largest mini-grid markets in Africa, the Federal Government revealed on Tuesday. It disclosed this...

About 71 companies enjoyed N390.26bn pioneer status incentives in two years, according to findings by The PUNCH. Data obtained from the Federal Inland Revenue Service annual reports showed that pioneer...