Business News

For the second consecutive week, the stock market segment of the Nigerian Exchange Limited (NGX) maintained its positive growth on the back of surge buying interest from investors ahead of...

The number of mobile subscriptions in Nigeria rose to 222.23 million in 2022 despite the implementation of the Federal Government’s National Identification Number-Subscriber Identity Module policy. At the start of...

Ahead of the two-day Monetary Policy Committee meeting of the Central Bank of Nigeria commencing on Monday (today), financial experts have expressed diverse views on possible outcomes of the rates....

Several calls to the NNPC to speak on the hike in PMS price, were not answered, as the Major Oil Marketers Association of Nigeria attributed the increase in the cost...

Investac Bank Limited has just announced its partnership with Proparco Development Finance Company to scale up its climate investments. According to a report published by Estate Intel, the partnership was...

The Apapa Area Command, Kirikiri Lighter Terminal, of the Nigeria Customs Service has said there was a 21.6 per cent drop in cargoes at the command. The Customs Area Controller...

Nigeria’s ability to produce crude oil has crashed by 83 per cent, findings have shown. Data sourced from the Organisation of the Petroleum Exporting Countries report macroeconomic somics of its...

Dr. Biodun Adedipe, Chief Consultant of B. Adedipe Associates Limited, stated that Nigerian manufacturers face approximately 74 different taxes from their factory to the market and down to the final...

Jaguar Land Rover has reported increased wholesale volumes for the third quarter of FY23 (three-month period to 31 December 2022) reflecting gradual improvement in chip supplies. Wholesale volumes were 79,591...

The Senate and Pension operators clashed over the Nigeria Police Force’s request for exemption from the Contributory Pension Scheme. This occurred at the public hearing on Police Pension Board (Establishment)...