Business News

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...

The shareholders of integrated energy provider, Eterna Plc, have hailed the company for growing its operating profit by 1,207 per cent in the 2022 financial year. This was disclosed at...

Nigeria’s inflation rate increased for the fourth consecutive month this year to 22.22 per cent in April from the 22.04 per cent recorded in March. This is according to the...

1. JUST IN: Inflation rate rises to 22.22% Nigeria’s inflation rate increased for the fourth consecutive month to 22.22 per cent in April from the 22.04 per cent recorded in...

The assets under the Contributory Pension Scheme rose by N590bn in the first quarter of 2023, figures from the National Pension Commission have revealed. The figures disclosed that the assets...

The Grooming Endowment Trust has said it will grant 15 micro, small and medium enterprises N12.5m for business growth. A statement by the organisation said this would kick-start the second...