Business News

The International Labour Organisation has projected that global unemployment would rise slightly by around 3 million to 208 million in 2023. The United Nations agency also said this would mark...

The stock market suffered N37bn decline on Tuesday following a six-day successive bullish run on the floor of the Nigerian Exchange Limited after profit-taking activity. The All-Share Index slumped by...

The Federal Government has spent N612.56bn raised through Sovereign Sukuk between 2017 and 2021 for the construction and rehabilitation of 77 road projects and 23 bridges. This was disclosed by...

Nigeria lost a total of N500bn in revenue in January as a result of low crude oil production in January, according to findings by The PUNCH. Shipping data obtained from...

Investors on the stock market of the Nigerian Exchange Limited (NGX) yesterday gained N80.7billion on buying interests in MTN Nigeria Communications (MTNN) Plc and 15 others. The NGX All Share Index (ASI)...

Over 50 per cent of Point of Sale operators have closed their shops as scarcity of new and old naira notes bites harder, it has been learnt. The National Chief...

Dangote Group has announced its partnership with Ogun and Kaduna states’ Chambers of Commerce and Industry to host their respective trade fairs. According to the Group Chief, Branding and Communication,...

The Federal Government is set to create incentives to encourage more investment from the private sector in education. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this...

Nigeria Employers’ Consultative Association has predicted shutdown of small businesses if the lingering naira crisis persists. The Director-General, NECA, Mr Wale Oyerinde, said with the rising inflation and reduction in...

Despite investors’ sentiment trading and uncertainty surrounding the 2023 general elections, the anticipation for dividend payout and sectoral performance of the NGX bank index raised the stock market capitalisation by...