Business News

The Nigerian stock market saw its first drop of the year on January 7, 2025, costing investors N152 billion. From its peak of 103,648.24 points, the All-Share Index (ASI) dropped...

Remittances from Nigeria's diaspora have increased significantly; in the first nine months of 2024, inflows increased by 63.7%. According to the Central Bank of Nigeria (CBN), remittances increased from $2.33...

Lafarge Africa Plc has offered 155 trucks to its customers to improve their logistics and commercial operations. This project demonstrates the company's dedication to promoting operational efficiency and aiding client...

In 2025, the Nigerian Securities and Exchange Commission (SEC) intends to further its efforts to combat pyramid and Ponzi schemes to safeguard investors and encourage respectable investment options. SEC Director...

The fourth-largest telecom provider in Nigeria, 9mobile, needs to invest almost $3 billion (₦4.8 trillion) over the next four years to improve service quality and modernise its network infrastructure. Over...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), which represents Nigerian oil marketers, has pushed the Federal Government to privatise state-owned refineries, particularly the Warri and Kaduna refineries,...

The Federal Government of Nigeria has set aside more than ₦132 billion in the 2025 budget to assist farmers via the National Agricultural Development Fund (NADF). The NADF was founded...

The Central Bank of Nigeria (CBN) announced in December 2024 that 1,000 workers would be leaving as part of its Early Exit Program (EEP). Olayemi Cardoso, the governor of CBN,...

Nigerian telecommunications providers have suggested raising voice, data, and digital service rates by 100%, citing increased operating expenses brought on by inflation and currency depreciation. The planned raise has been opposed...

Karl Toriola, the CEO of MTN Nigeria, revealed that the business has asked the Nigerian Communications Commission (NCC) for a 100% pricing rise, along with other telecom providers. The purpose...