Business News

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)...

The Federal Government has denied any increase in the price of Premium Motor Spirit popularly called petrol, despite the hike in the cost of the commodity across the country. The...

The Nigerian Economic Summit Group has said that inflation weakened the naira by 14.9 per cent, adding that the naira redesign plan of the Central Bank of Nigeria triggered the...

Twenty-eight million nine hundred thousand people living in Nigeria and other West and Central African countries depend on emergency food assistance for survival, according to the World Bank. This is...

Failure to invest the bare minimum needed to withstand projected climate damage could cost China, Nigeria and other emerging markets a whooping $377  billion in climate damages and lost gross...

The stock market of the Nigerian Exchange Limited (NGX) slightly rose by 0.02 per cent to 52,626.42 basis points yesterday amid precious’s day investors’ profit-taking in some high-mid capitalised stocks...