Business News

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...

After weeks of banking turbulence that hurt the lender's shares and briefly raised concerns about a new financial crisis, a plan to reduce the government's stake in NatWest has been...

1. UAC Nigeria, Eterna shares plummet, stock market sheds N26.14 billion The stock market capitalisation depreciated by –0.08 per cent on Monday, representing a loss of N26.14 billion, as it...

World Wrestling Entertainment (WWE) is teaming up with the parent company of rival UFC, Endeavor Group, to form a new publicly traded company. Due to the transaction, the newly combined...

Federal Government’s borrowing from China has grown by 209.15 per cent under the Major General Muhammadu Buhari (retd.) administration. This is as total bilateral loans rose by 219.91 per cent...

11Plc formerly Mobil Oil Plc has said it is considering huge investments in its operations in 2023 to shore up its performance in the downstream sector. The Managing Director of 11Plc,...