Business News

A businesswoman, Chinenye Ajie, has dragged an international oil and gas servicing company, Baker Hughes before the Lagos High Court for an alleged failure to pay for hotel accommodation and...

As foreign investors take a position in low-priced stocks, the Nigerian equities market attracted a total of $19.2 billion (N8.83 trillion) in Foreign Direct Investment between 2018 and 2022, a report...

The Federal Government has said operators in the maritime sector may get about $700m to acquire new vessels. The Director General of the Nigerian Maritime Administration and Safety Agency, Dr...

1. Capital importation dips as 27 states attract zero foreign inflow A total of 27 states attracted zero foreign investments in 2022, as Nigeria’s capital importation dropped by 20 per...

The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have full approvals and 54 have conditional approvals....

Despite a seemingly harsh operating environment faced by businesses in 2022, seven of Nigeria’s leading conglomerates and manufacturers made record revenue in 2022 financial, according to analysis by The PUNCH....

Brent, the global benchmark for crude oil, jumped in price on Monday, following the voluntary production cuts by member nations of the Organisation of Petroleum Exporting Countries, as well as...

The total amount of foreign airlines’ trapped funds in Nigeria has risen to $802m, according to latest figure by the International Air Transport Association-the Switzerland-based trade association of world airlines....

A claim for alleged fraudulent misrepresentation against the social networking company Aaqua and its CEO, Robert Bonnier, is being pursued by the Tory donor's company, Candy Ventures Sarl (CVS), Entrepreneurng...

The world's largest producers abruptly reduced their output, sending the price of oil surging to close to $86 per barrel. This move is likely to exacerbate existing tensions with the...