Business News

The bearish run of the Nigerian Exchange Limited was halted on Tuesday as the market rebounded with N10bn gain for investors. The equities market capitalisation appreciated by 0.03 per cent...

Despite both nations' efforts to strengthen their bilateral ties, the bilateral commerce between Nigeria and China decreased by N37.3 billion in 2022 from its previous high in 2021, as captioned...

1. BREAKING: CBN raises interest rate to 18% The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 50 basis points...

The nomination of Jean-Marc Cordier as the head of the Nigerian National Petroleum Corporation Limited's oil trading division has sparked a variety of worries among operators and professionals in the...

Nigeria's agricultural history is one of ups and downs. From precolonial and colonial times until the First Republic, agriculture was the foundation of the economy for a very long time...

The value of electronic utility payments fell by 44.86 per cent in February despite the Central Bank of Nigeria’s naira redesign policy aimed at growing cashless transactions. In February, the...

Abbey Mortgage Bank has said it recorded N830.4m profit before tax in its 2022 financial period. The bank disclosed this in a statement to celebrate its 31st anniversary. It said,...

The stock market of the Nigerian Exchange Limited (NGX) yesterday opened the new trading week extending its losing streak for the seventh consecutive session as investors’ weak sentiment trading down...

ABOUT 75 per cent of electricity consumed in Nigeria comes from diesel and petrol-powered generators, the latest reports released on Monday by the Society for Planet and Prosperity, GCA Capital...

1. Unilever Nigeria puts up business for sale over naira devaluation Unilever Nigeria has concluded plans to exit the Home Care and Skin Cleansing market by selling its business segment.....