Business News

Manufacturers spent N1.88tn on raw materials import in nine months, foreign trade reports of the National Bureau of Statistics have shown. The Q1-Q3 foreign trade reports indicated that manufacturers imported...

Transactions on the floor of the Nigerian Exchange Limited (NGX) remained positive for the fifth consecutive week as average investors’ investment in the stocks added N236 billion at the close...

Visa has pledged to invest $1 billion in Africa over the next five years to scale operations, deploy new innovative technologies, deepen collaboration with partners and advance innovative and inclusive...

Following the need to finance the 2022 budget deficit, the federal government through the Debt Management Office (DMO), in 2022, raised a whopping sum of N3.06 trillion from the bond...

Polaris Bank said it had introduced a product called VULTe to simplify access to loans by individuals and businesses. It notes in a statement that VULTe is a digital bank...

The last may not have been heard on the adverse effect of the new Central Bank of Nigeria withdrawal policy as real estate developers have said the policy, if implemented,...

The Managing Director/Chief Executive Officer, Wema Bank Plc, Ademola Adebise, has said the advancement of technology and digital banking can play a big role in driving financial inclusion in the...

The Lead Consultant, 3T Impex Consulting, Dr Bamidele Ayemibo, has said 94 per cent of Nigerian exporters’ requests for export financing are rejected by banks. Ayemibo, made the statement at a...

The local stock market rose 0.17 percent on Friday, owing to continued bargain-hunting in the bourse's key sectors. Investors were interested in the banking, insurance, and consumer goods counters, which...

The Standard Organisation of Nigeria, SON has pledged continued support to Micro Small and Medium Enterprises (MSMEs) to enable them meet up with global specifications and standards. The organisation said...