Business News

Nigeria’s pioneer non-interest entity, Jaiz Bank Plc, has declared a double-digit growth across all performance indices in the first quarter of (Q1) 2023). In a statement, the bank noted that...

Fox Corporation, a major US TV company, recently announced a loss of $54m for the first quarter of 2023. This disappointing result is largely due to a costly settlement that...

1. PZ Cussons Nigeria Announces Dimitris Kostianis as New CEO The Board of Directors of PZ Cussons Nigeria Plc has approved the appointment of Mr. Dimitris Kostianis as a member...

Femi Otedola, a billionaire businessman, has disclosed that his bid to pay N250 billion for the Nigerian company Transcorp Corporation Plc was turned down. The businessman disclosed this on Tuesday in...

To displace charcoal with clean cooking gas, also known as Liquefied Petroleum Gas, would cost Nigeria and other countries in Africa about $7.5bn for downstream infrastructure and stoves, the African...

Vehicle imports into Nigeria crashed by 128 per cent between the first quarter of 2023 and the corresponding period of 2021, findings by The PUNCH have shown. A document obtained exclusively from...

In an apparent move to reduce the negative impact of Ghana’s debt crisis among others on their risks assets, eight banks recorded N502bn net impairment charges in 2022. The provisioning...

Nigeria’s crude oil output dropped by 38,102 barrels per day in March, translating to a cumulative loss of about 1,181,162 barrels in the month under review, and signalled the first...

Artificial intelligence (AI) has been a topic of discussion for years now, and it continues to make strides in various industries. One of the most prominent figures in finance, Warren...

1. Tomatoes, palm oil prices soar in Enugu Prices of some foodstuffs, particularly tomatoes, palm oil and cassava flakes, popularly known as garri, have continued to increase in Enugu’s major...