Business News

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...

The new Business Facilitation Bill has been forwarded to President Muhammadu Buhari for final approval by the 9th National Assembly. This information was revealed in a statement issued on Friday...

The banking system continued to be resilient with major financial soundness indicators comparing favourably with the prudential thresholds as of the end of October 2022. The Central Bank of Nigeria...

The Nigeria Employers’ Consultative Association has stated that the country has been losing about $2.5bn monthly for failing to meet the 1.8m barrel per day crude oil production allocation by...

The Apapa Area Command of the Nigeria Customs Service has said that between January to December 2022, the command collected revenue worth N1tn. Addressing journalists at the command in Apapa,...

The Indian High Commissioner to Nigeria, Shri Balasubramanian, has disclosed that over 135 Indian companies have so far invested $19bn in Nigeria in the last four decades of diplomatic relations...