Business News

1. Pharmaceutical firm’s product gets WHO approval Swiss Pharma Nigeria Limited, a subsidiary of Servier, a French multinational pharmaceutical company, says it has received the World Health Organisation prequalification for...

Telecommunication operators may soon begin to charge bank customers’ airtime or data for Unstructured Supplementary Service Data transactions, The PUNCH has learnt. This was due to a proposal from a...

FCMB Group Plc has said it 500,000 new customers which pushed its customer base to 11.4 million in the first quarter of 2023. This growth, it said, reflected the Group’s...

Bargain hunting activities on the Nigerian Exchange Limited drove up the market capitalisation by N102bn to close at N28.542tn at the end of trading on Tuesday. The All-Share Index of...

The International Monetary Fund has said that weaker currencies in Nigeria and other Sub-Saharan African countries are pushing up public debts. This was disclosed in a blog post published on...

On Tuesday, May 17th, 2023, the black market exchange rate between the naira and the US dollar remained stable, trading at an average of N747/$1. This rate held steady from...

Elon Musk, the owner of Twitter, called out fellow billionaire George Soros on Monday, sparking a firestorm online about the controversial liberal financier's role in American politics. Republicans renewed their...

1. Move from diesel to gas use, FG urges energy operators The Nigerian Midstream and Downstream Petroleum Regulatory Authority has called on industry operators, particularly large consumers of petroleum products,...

The Federal Government has said the African continent should not copy the global energy transmission template but be allowed to define and draw up plans for its transition agenda based...

The Federal Government has started initiatives to bring in private capital to fund its energy transition and climate change agenda. To foster this, the Nigeria Sovereign Investment Authority and the...