Business News

Unilever Nigeria Plc had released its audited report for the year ended 31st December 2022. The company recorded turnover of N88.5 billion in the year under review which represents 26...

The Nigerian stock market reported a –0.33 per cent decline in equity capitalisation on Friday, resulting in N98.52 billion loss. Consequently, the market capitalisation tumbled to N29.54 trillion, from N29.64...

World Bank has said  developing counties including Nigeria have huge investment needs due to their inadequate infrastructure and other challenges. As such, the Washington-based lender called on policymakers to create...

The manager of Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority, grew its net assets by 10 per cent from N919.73bn in 2021 to N1.02tn in the 2022 financial...

Below is a list: 1. IWD: Akeredolu’s wife urges women to learn ICT skills The Ondo State first lady, Mrs Betty Anyanwu-Akeredolu, has urged women to embrace information communication technology...

Ajay Banga, a citizen of the United States, has been named as the sole candidate for the role of the World Bank Group's next president, according to the board of executive...

Port Standing Task Team, PSTT, said its operations saved visiting ships over N5.4 billion that they should have paid as demurrage between 2021 and 2022. Delivering its scorecard, National Coordinator, PSTT,...

Nigeria’s total public debt stock consisting of domestic and external debt stocks of the Federal Government of Nigeria, the 36 State Governments and the Federal Capital Territory hit N46.25 trillion...

Afreximbank has provided Nigeria’s Parallex Bank Limited a trade finance facility worth $10m, in line with its strategy to assist African banks to enhance and complement existing trade finance lines....

First Bank of Nigeria Limited has announced a phased corporate name change for its subsidiaries in the United Kingdom and Sub-Saharan Africa. The bank disclosed this in a statement by...