Business News

Analysts at Access Pensions Limited have predicted that with persistently elevated inflation, limited fiscal space, upcoming general elections and various economic occurrences would suggest that the interest rate environment will...

Deposit Money Banks borrowed the sum of N21.87tn from the Central Bank of Nigeria via the Standing Lending Facility window and Repurchase Lending platform in 2020, according to the CBN...

The National Salaries Incomes and Wages Commission says it has initiated process for the review of the National Minimum Wage. NSIWC’s Head of Public Affairs, Mr Emmanuel Njoku, said this...

Due to the downturn in the economy, experts have advocated the use of red bricks and made in the Nigeria construction materials to reduce cost of providing affordable housing for...

Cashless transactions in Nigeria rose by 42.05 per cent to hit N395.47tn in 2022, according to new data from the Nigeria Inter-Bank Settlement System. The new data revealed that Nigerians...

Companies in the non-oil export sector generated earnings worth $4.82bn in 2022, according to the Nigerian Export Promotion Council. This came as 214 products ranging from manufactured, semi-processed, solid minerals,...

The Revenue Mobilisation Allocation and Fiscal Commission has said that it is preparing selected officials for the process of reviewing the Horizontal Revenue Allocation Formula. In a statement signed by...

The relatives of 2,304 deceased workers under the Contributory Pension Scheme got N13.36bn benefits between July and September 2022. The National Pension Commission disclosed this in its 2022 third-quarter quarterly...

In December 2022, Nigeria recorded her highest oil production since April 2022, the latest Platts survey by S&P Global Commodity Insights has revealed. The country’s oil production has been faced...

The Ghanaian government in conjunction with trade unions have agreed to increase the salaries of all public servants by 30 per cent for 2023. This was disclosed in a joint...