Business News

The next administration after the regime of the President, Major General Muhammadu Buhari (retd.), will begin the repayment of the $800m loan approved by the World Bank as subsidy palliative, The PUNCH has...

The Federal Government, on Wednesday, approved the total sum of N23.33bn for surface maintenance of the Third Mainland Bridge, Lagos State, as well as the augmentation of the contract sum...

Africa's energy sector is growing rapidly owing to a series of ambitious exploration campaigns undertaken by independent oil and gas explorers. Companies such as Anglo-French independent Perenco continue to make...

Participants at the recent signing of the Business Facilitation (Miscellaneous Provision) Act 2023 voiced confidence in its ability to improve how simple it is to conduct business in both the...

According to official data, US annual inflation decreased to 5% last month, marking the slowest rate of price rises since they first started to rise in 2021, Entrepreneurng Report. The...

The sale of a stake in a Russian gas project that Shell left during the invasion of Ukraine last year might net the company around £1 billion, Entrepreneurng report. According...

1. IMF, COP28 President-designate call for action on climate finance The International Monetary Fund, COP28 President-Designate and UN Special Envoy for Climate Action and Finance have called for measures needed...

Afriland Properties Plc has said its total assets increased by 12 percent to N19.4bn in the 2022 financial period from N17.3bn in 2021. It disclosed this in a statement on...

Opening the week, yesterday, investors' profit-taking in Airtel Africa Plc continued to dominate the Nigerian stock market as the overall capitalisation declined by N569 billion. The N569 billion decline in...

The Federal Government will impose $49m (N22bn) fine on oil and gas firms operating onshore for flaring 24b Standard Cubic Feet of gas valued at about N40b ($86m) between January...