Business News

Point of Sale operators in the country have protested plans by the Federal Government to sanction them for allegedly colluding to hike their transaction charges. This came as the Federal...

Months after the Maritime Workers Union of Nigeria requested that terminal charges be reviewed upwards, Ports & Terminal Multipurpose Limited has announced a 36 per cent increase in tariff on...

Nigerian insurers transferred 74.8 per cent of income  generated from oil and gas businesses  to their foreign counterparts in the first quarter of 2023, Q1’23, in breach of the regulatory...

Power consumers, on Wednesday, kicked against the export of about N23.13bn worth of electricity from Nigeria to some neighbouring countries in 2022 despite the widespread darkness witnessed in many Nigerian...

1. FG may sanction PoS agents over price fixing The Federal Competition and Consumer Protection Commission has stated that it is investigating price fixing attempts by Point of Sales agents...

In the aftermath of the reforms in the petroleum and foreign exchange sectors of the economy, small business owners have reported significant losses and setbacks in their operations. President, Association...

The National Bureau of Statistics, NBS yesterday said that the  prices  of beef and Yam rose up by 24.9 per cent and 22.8 per cent Year-on-Year, YoY respectively in May,...

No fewer than 108,552 annuitants received N216.66bn lump sum under the Contributory Pension Scheme as of the end of the first quarter of 2023, figures obtained from the National Pension...

Nigeria may miss a World Bank’s target of 148 million National Identification Number registrations by June 2024 after total NIN registrations hit 101 million as of June 2023. Under the...

According to statistics from the June 2023 Offshore Rigs Tracker, which was released on Monday by Hawilti and the Caverton Offshore Support Group Plc, Angola and Nigeria are now the largest crude...