Business News

The House of Representatives ad hoc committee investigating the alleged loss of over $2.4bn revenue to illegal sale of 48 million barrels of crude oil export in 2015, on Thursday,...

The Nigerian Safety Investigation Bureau on Thursday said it had released a total of 272 safety recommendations and 82 accident reports of air crashes and various incidents recorded in the...

The President, Major General Muhammadu Buhari (retd.), on Thursday, said his government had spent over $400m (N179bn), to liberate Ajaokuta Steel complex from the “legal traps” that have kept it...

Ogun, Kano, Kaduna, Nasarawa, and Ekiti states passed a combined N1.38tn 2023 budgets into law on Thursday. The Ogun State House of Assembly passed an appropriation bill of N472.25bn into...

About 37.3 million Nigerians get potable water from 10,053 water supply schemes and projects developed in urban centres and rural areas by the Federal Government and its partners in various...

Telecom operators under the aegis of the Association of Licensed Telecom Operators of Nigeria (ALTON), have again called for upward review of the cost of telecom service delivery across networks....

The Senate has urged the Central Bank of Nigeria to urgently extend the withdrawal of old currency notes from circulation from January 31, to June 30, 2023. The senate’s resolution...

The House of Representatives has asked the Federal Government, through the Nigerian Petroleum Development Company, to suspend the planned auction of Oil Mining Licence 11 for $250m when it has...

Opening for trading after the Christmas holiday yesterday, the stock market of the Nigerian Exchange Limited (NSGX) extended its nine-day winning streak as the capitalisation gained N124.5 billion. The NGX...

The insurance index closed last Friday at -15.09 per cent in Year-till-Date (YtD) performance to emerge as one of the worst indices on the trading floor of the Nigerian Exchange...