Business News

Ahead of the 2023 general elections, the federal government have implemented the use of new naira notes while Nigerians are also suffering fuel scarcity. These factors have caused an uproar...

The incessant reoccurrence of the scarcity of Premium Motor Spirit, popularly called petrol, is going to continue until the country starts refining petroleum products domestically and halts complete reliance on...

MTN Nigeria Communications Plc made N1.80tn from voice and data in 2022 according to the firm’s audited results for the year ended 31 December 2022. This is a 20.79 per...

The Federal Government plans to raise N250.09bn from excise duty in 2023, according to findings by The PUNCH. This was according to the 2023 fiscal framework document obtained by our...

The National Emergency Management Agency and the Nigeria Security and Civil Defence Corps have signed a Memorandum of Understanding to strengthen the partnership in tackling any possible eventuality during the...

The Director-General of Nigerian Maritime Administration and Safety Agency, Dr. Bashir Jamoh, has called for deeper private sector participation in the blue economy initiative to harness greater benefits from the...

Mikano International’s Motors Division is at it again. The fastest growing automotive company in Nigeria is expanding its brand portfolio once more, following the recent debut of the Maxus brand....

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has appealed to Nigerians to show understanding, adding that the redesigned notes will circulate and be accessible. The apex bank...

The Federal Government, on Thursday, said it was currently implementing measures to ensure the generation of 9,000 megawatts of electricity from renewable energy sources. It disclosed this at the Rural...

Life insurance company, African Alliance, said it paid N25.7bn claims to its policyholders in three years. The company which recently won the ‘Claims Excellence Insurance Company of the Year 2022’...