Business News

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...

The Federal Government has said it will soon announce salary increments for civil servants and public officials due to the steady increase in the prices of consumer goods. This was...

The Nigeria Immigration Service has generated N438.78bn as revenue from 2017 to date. This came as the total sum of Internally Generated Revenue by the agency almost doubled from N38.53bn...

A combination of high food prices and a strong dollar is negatively affecting people in Nigeria and other developing countries, a report by the United Nations Conference on Trade and...

Promoters of Lekki Deep Seaport, Lekki Port LFTZ Enterprise Limited, have said that the $800m rail connection is an integral part of port operations. The Chief Operating Officer of Lekki...

The International Monetary Fund has warned Nigeria and other oil-producing countries in Sub-Saharan Africa to expect dwindling oil revenues in the coming years as the world transitions from fossil fuels...