Business News

Nigeria’s total merchandise trade fell by N1.24tn, from N12.84tn in the second quarter of 2022 to N11.59tn in the third quarter of 2022. This is according to the ‘Foreign Trade...

The value of naira to dollar fell from N196.92 in June 2015 to N414.72 in June 2022, worsening Nigeria’s foreign debt burden. Within the seven years under review, the naira...

Geregu Power Plc and Fund for Export Development in Africa have begun talks for the acquisition of a portion of the local power generating company. The first power company firm...

The assets under the Contributory Pension Scheme returned to a growth path to gain N164bn in October after incurring a loss of almost N2bn in September. This was contained in...

The number of active telecommunication subscribers hit 214.35 million in October, according to new industry statistics from the Nigerian Communications Commission. This is the highest number of recorded telecoms subscribers...

Okomu Oil Palm Plc maintained an impressive profit after tax growth for the third year running with a profit of N18.05 billion at the end of the nine months ended...

The Federal Government has ordered banks and telecommunication companies to conduct environmental audits in their various domains in to safeguard the environment and reduce toxic waste from the organisations. It said...

The Nigerian Conservation Foundation has expressed commitment to the effective implementation of the Strategic Action Plan of 2021 to 2025, noting that it was aimed at ensuring that people prosper...

Afrinvest Asset Management has received short-term rating of A3 and long-term rating of BBB from Global Credit Ratings. It was also assigned the investment manager’s rating of A- by Agusto &...

A representative of Patrons Modern & Contemporary African Art, an art advisory and dealership firm, Peter Imo, has asked the Federal Government and corporate bodies to support the growth of...