Business News

The Chairman, Seaports Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, said the Federal Government’s port concession programme has saved the country about US$8.5 billion (N3.91 trillion) which was...

1. FG $22bn loan request rejected by Chinese bank – Reps The House of Representatives, on Tuesday, approved the request by the Federal Government to borrow $973,474,971.38 from China Development...

Shola Akinlade, co-founder and CEO of Paystack, has acquired a 55% ownership position in Danish second-division team Aarhus Fremad. Aarhus Fremad will join the Nigeria National League's Sporting Lagos FC,...

Banks, yesterday, increased cash payout to customers leading to sharp reduction in the long queues and massive crowds that characterised the cash dispensary points in the last two and half...

The Central Bank of Nigeria has barred banks and other financial institutions seeking a conversion licence from expanding or reducing their current banking network in its new draft guidelines. The...

The shareholders of United Capital Plc have approved a N9 billion dividend payment earlier recommended by the Board of Directors. This translates to N1.50 for every 50 kobo ordinary shares...

The National Bureau of Statistics has revealed that domestic air transport fares increased by 66.36 per cent in the last one year. In its latest report titled ‘Transport Fare Watch...

The UK's supermarket price inflation has reached a new record high, pushing average annual household expenses to £837 as consumers increasingly browse at several shops in search of the best...

After Easter, postal workers at Royal Mail are prepared to stage a new round of strikes as negotiations dragged on and managers made "scandalous" threats to push the business into...

For "widespread and worrying" social responsibility and anti-money-laundering breaches that came to light only days before the long-awaited revisions to Britain's gambling regulations are finalized, William Hill has been fined...