Business News

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...

Profit taking activities by investors has halted the bullish sentiment that heralded the stock market this month. Specifically, sell-off on BUA Cement, which was down eight percent during the week,...

An investment firm, Emerging Africa Capital Limited, has announced the redemption of N1.13bn Series 1 commercial paper issued November 2022 on the FMDQ Securities Exchange Limited. This was disclosed in...

1. Operators shun gas investments over lingering fuel subsidy The lingering subsidy regime of the Federal Government on Premium Motor Spirit, popularly called petrol, has stalled investments in the development...

Ernst & Young West Africa has urged African businesses to expand internationally to compete globally. This was according to the Advisory Sector Leader, Government and Infrastructure, Ernst & Young West...

The lingering subsidy regime of the Federal Government on Premium Motor Spirit, popularly called petrol, has stalled investments in the development of Nigeria’s gas sector, major and independent oil marketers stated...