Business News

To shore up its capital base, Wema Bank has issued a N25 billion bond to targeted investors. In a corporate notice signed by the Company Secretary, Johnson Lebile, on Thursday,...

The Nigeria Labour Congress has threatened to shut down the country’s seaports over the government’s refusal to address some of the challenges in the sector. The President of NLC, Joseph...

A POS (point of sale) device was developed to allow companies, merchants, and retailers to accept payments for goods and services without using currency, Entrepreneurng report. When POS agents do...

The Nigeria Labour Congress has suspended the indefinite strike embarked by the Abia State chapter of the union over the non-payment of salary arrears and implementation of agreement reached with...

The Aurora Tech Award 2023 shortlist includes no fewer than seven Nigerian women who are the founders of startups. The women are among 22 finalists chosen from various nations around...

The African Continental Free Trade Area (AfCFTA), according to the United Nations Economic Commission for Africa (UNECA), increased trade between member nations in the region by 20% in 2022. In...

Kenyan Government has revealed that the tourism industry, one of the East African nation’s top sources of hard currency, surged 83 per cent in 2022 to 268 billion shillings ($2.13...

The country’s external reserves fell by $317m in February, according to figures obtained from the Central Bank of Nigeria. The CBN’s data on the movement of foreign reserves showed that...

The average domestic airfare paid by passengers has increased by 94.78 per cent in the past 12 months, the National Bureau of Statistics data have shown. The development came amid...

The Nigerian Exchange Group Plc, yesterday released its audited financial statement for full year ended December 31, 2022 with 6.8 per cent Year-on-Year (YoY) increase revenue to N6.17billion as against...