Business News

Amid the worsening naira crisis, the total amount of currency-in-circulation in the Nigerian economy has tumbled from N3.3tn to N1.54tn, a Central Bank of Nigeria document obtained by The PUNCH has revealed....

The stock market of the Nigerian Exchange Limited (NGX) posted its first weekly decline in February as investors trade with caution over 2023 election uncertainties. Specifically, the loss recorded on the final trading day,...

The Lagos Chamber of Commerce and Industry has warned that the recent sustained rise in the general price level has caused some deterioration in purchasing power. In a statement signed...

The investment in the global oil and gas upstream sector has increased by 39 per cent to $499bn in 2022, the highest level since 2014 and the most significant year-on-year...

The International Monetary Fund has called for a review of the Central Bank of Nigeria Act 2007 to strengthen the bank’s autonomy and governance. IMF made the call in the...

Lawyers and litigants in the Federal Capital Territory, Abuja, have expressed frustration over their inability to file court proceedings as a result of the scarcity of new naira notes. The...

The Nigerian National Petroleum Company Limited has completed the rehabilitation of the pipeline at the Satellites depots area, The PUNCH has learnt. The repairs were carried out through the NNPCL...

Donald Trump who was once the president of the United States of America had been seen using his Truth Social account to share major news with his fans and followers,...

As the panting of this cashless policy continues in Nigeria so many business owners are becoming more frustrated on daily basis, Entrepreneurng report. There has been a great record of...

The over N400bn spent monthly to subsidise Premium Motor Spirit, popularly called petrol, has been having adverse impacts on the cash flow of the Nigerian National Petroleum Company Limited, its...