Business News

Tesla's CEO, Elon Musk, revealed on Sunday that his business would construct a facility in Shanghai with the goal of producing 10,000 enormous batteries each year for electric producers and...

As captioned by the Entrepreneurng report, there are regional variations in stock market hours. We'll concentrate our attention for the time being on the top stock markets in the US,...

Amid hike in operating expenses, PZ Cusson Nigeria Plc unaudited year result and accounts for the period ended May 31, 2022 showed sustained growth in profit driven by double-digit growth...

The Senate has asked the Budget Office of the Federation to refund the sum of N19bn the agency disbursed to four unnamed Ministries Department and Agencies without the approval of...

The assets under the Contributory Pension Scheme rose by N1.68tn from N13.76tn as of the end of February 2022 to N15.45tn as of the end of February 2023. PenCom disclosed...

Investors on the Nigerian Exchange Limited last week lost N674bn after four days of trading. The market opened for four trading days last week as the Federal Government of Nigeria...

Customers are threatening to leave the Co-operative Bank after its mobile app stopped working three consecutive Fridays, was unavailable for the entirety of last weekend, and then malfunctioned once more...

Top list: 1. Debt servicing rose by 14.68% in 2022 – DMO Nigeria’s debt servicing bill went up by 14.68 per cent to N3.36trn in 2022, data from the Debt...

The poor electricity supply in the country, which has adversely affected many businesses, has heightened the energy costs of Transcorp Group, the PUNCH has learnt. Transcorp Group’s 2022 annual report...

Clearing agents operating in the country’s maritime industry have said that 85 per cent of imported used vehicles were vandalised by both the shipping companies and terminal operators. The agents,...