Business News

The International Air Transport Association on Tuesday disclosed that the trapped funds belonging to foreign airlines operating in Nigeria have risen by 12.39 per cent to $743,721,097 in January 2023...

Food and beverage company, Nestle South Africa, has acquired N90.29bn worth of shares in its Nigerian subsidiary (Nestlé Nigeria Plc). In a corporate notice on insider dealing on Tuesday, signed...

The Nigerian Exchange Limited on Tuesday continued its downward trend as investors lost N36bn at the close of trading. The All-Share Index lost 65.47 points to settle at 55,722.9 from...

On Tuesday in Kano, Technology for African Agricultural Transformation said that through research, steps had been taken to get started on manufacturing and exporting high yielding, heat-resistant wheat. At the...

A $600 million program for young Nigerians in the technology and creative industries was introduced by Vice President Yemi Osinbajo, SAN, on Tuesday. The initiative aims to support young entrepreneurs...

Certain commercial banks in Nigeria have declared that Form A requests for overseas school fees and maintenance will henceforth be handled within 120 days (17 weeks), entreprenuerng report.  In emails...

The unexpected failures of Silicon Valley Bank on Friday and Signature Bank two days later continue to roil the global banking industry and have a negative effect on the stock...

Facebook, Instagram, and WhatsApp owner Meta has disclosed that it would cut 10,000 workers. After laying off 11,000 workers in November 2022, this will be the tech company's second round...

The market capitalisation of the Nigerian Exchange Limited shed N3bn on Monday at the close of trading. This was also as the All-Share Index dropped by 6.14 points representing a...

The largest oil and gas field financing transaction of about $1.1bn – Oil Mining License 17, owned by billionaire business tycoon, Tony Elumelu, is currently under investigation following the uncovering...