Business News

The Nigerian Exchange Group has said the last general elections and the naira redesign policy of the Central Bank of Nigeria impacted its top-line revenue negatively. It said this resulted...

The Host Communities of Nigeria Producing Oil and Gas had said it is targeting a $5bn fund in partnership with the private sector to kick-start investment drive and development in...

Sterling Bank’s profit after tax rose by 28.5 per cent to N19.3bn as of the end of December 31, 2022 from N15bn in the corresponding period of 2021 financial year....

Elon Musk, the CEO of Twitter, lamented the feeling of "post-apocalyptic" in San Francisco's downtown now that businesses had left due to the high crime rate. Musk responded to a...

The President, Major General Muhammadu Buhari (retd.), on Wednesday, in Abuja, launched the Nigeria Agenda 2050, declaring that its implementation would “ensure that Nigeria attains a per capita GDP of...

Lasaco Assurance Plc’s gross premium income rose from N10.96bn in 2020 to N13.91bn in 2022. A statement said the company had continued to demonstrate a trend of steady growth over...

The Minister of State, Budget and National Planning, Clem Agba, has disclosed that the Federal Government plans to include an allocation for geospatial data in the budgets of government agencies....

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has cautioned about the unforeseeable “consequences” that could be brought about by the retail central bank digital currencies. Georgieva expressed...

The Financial Times has named 4G Capital, a market-leading neo-bank driving micro and small business growth in Kenya and Uganda, as one of Africa's Fastest-Growing Companies. The Financial Times and...

1. CBN fines Sterling Bank N218m for breaching nine rules Sterling Bank was fined N218 million for breaching nine regulations of the Central Bank of Nigeria (CBN), the company’s annual...