Business News

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...

In a courtroom in California, jury selection began on Tuesday. The case centers on whether Elon Musk committed fraud when he claimed in a pair of 2018 tweets that he...

Interswitch, the largest integrated payments and digital commerce firm in Africa, recently held the Interswitch Ball event at the Eko Convention Center in Victoria Island, Lagos, to cap off its...

The Nigerian stock market on Wednesday closed bearish with a loss of N47bn, driven by profit-taking activities in Dangote Cement Plc and 20 others. The All-Share Index depreciated by 85.80...

There was pandemonium at the headquarters of the Nigerian Labour Congress on Wednesday as the National President, Ayuba Wabba, engaged in a rumpus fight with civil servants who demanded explanations...

The Director of the Legal Services Department of the Central Bank of Nigeria, Mr. Kofo Salam-Alada, has said the agency will go tough on banks that continue to fill their...