Business News

The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has said that the Federal Government will deploy Point-of-Sales agents for cash transfers during the National Social Safety Net...

The distribution of free meters under the National Mass Metering Programme of the Federal Government, dropped by 58 per cent in the first quarter of 2022. Data sourced from the...

Airtel, Mafab and MTN Nigeria have spent about $820.8m to acquire the fifth-generation spectrums. The Minister of Communications and Digital Economy, Isa Pantami, disclosed this in his presentation at the...

The International Monetary Fund has attributed the current global inflationary pressure to the dramatic increase in shipping costs. In a new report titled “the costs of misreading inflation,” the lender...

A report by FITC has revealed that bank customers in Nigeria lost a total of N2.72bn to fraud in the first and second quarters of 2022. It was also disclosed...

Leading agribusiness firm, Olam has clinched “Top Employer” certification for the third consecutive year from the Netherlands-based Top Employer Institute. According to the institute, Olam was recognised given its full...

British airline Flybe on Saturday said it had ceased trading and all flights had been cancelled. “We are sad to announce that Flybe has been placed into administration,” the airline...

Nigerian consumers should change their mindset and patronise locally-produced goods, especially in the agricultural sector, to boost revenue and job creation, the Special Adviser to the President, Major General Muhammadu...

The 2022 floods in various parts of Nigeria led to an estimated economic loss of $9.12bn (N4.2tn as at Friday’s official exchange rate of N460.78/$), the Federal Government announced on...

The shortfall in electricity tariff payable by power consumers across the country is now about N2.5tn, while the average technical, commercial and collection losses of power distribution companies is projected...