Business News

An increase in failed payment transactions in February caused a 4.83 per cent decrease in the value of cashless transactions to N37.67tn from the N39.58tn that was recorded in January...

Oil marketers, on Monday, insisted that they were no more interested in the old naira notes and would not collect them from the public, despite claims that the Central Bank...

According to an Entrepreneurng report, Oil and gas production is a significant source of wealth in Nigeria. Anyone intending to launch an oil and gas company in Nigeria must adhere...

The controversial oil drilling project on Alaska's North Slope was approved on Monday by the Biden administration, defying criticism from environmentalists. US energy company ConocoPhillips has been permitted by the...

'Africa's Tech Skills Scarcity Revealed' is a new publication from SAP Africa that aims to highlight the potential and challenges faced by African organizations looking to increase the availability of...

In early Monday morning trading, the price of bitcoin increased 10% as the cryptocurrency market as a whole grew in response to Silicon Valley Bank's failure. On Monday, Bitcoin hit...

Nigeria spent at least N2.4tn to import raw materials from other countries in 2022, according to data collated from Foreign Trade Statistics of the National Bureau of Statistics. The data...

Nigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of cash by the Federal Government through the Central Bank of...

The rejection of old notes by transport operators, fuel stations, traders, and other businesses continued over the weekend, leaving many bank customers, workers and commuters stranded in various parts of...

Operators in the built sector have claimed that smart buildings cannot reduce the high cost of homes which has produced a significant housing gap in the nation, Entrepreneurng report. Olatunbosun...