Business News

Investors on Nigerian Exchange Limited (NGX) benefited from a surge in banking stocks yesterday, leading to market capitalisation appreciating by N92.72billion despite bearishness in stock markets globally. The NGX All-Share...

Ahead of the release of the statistics on the volume and value of financial transactions carried out on Point of sales (PoS) terminals in 2022, by the Nigeria Inter-Bank Settlement...

Purple Real Estate Income Plc has announced a N10 billion equity offer representing an initial public offer (IPO) of 2 billion ordinary shares at N5 per share. In a statement,...

Africa’s largest national oil company, the Nigerian National Petroleum Company Limited (NNPC) has been on the news in the last couple of days for the right reasons. The company has...

In order to attract more investors, especially at a period of inflationary pressures in the country, the Central Bank of Nigeria (CBN) increased interest rate on the Treasury Bills (T-Bills)...

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria to prepare to further tighten liquidity, coming ahead of the Monetary Policy Committee meeting which begins on Monday....

From his days at the defunct Standard Trust Bank, till he took over the driver’s seat at Africa’s foremost financial institution, United Bank for Africa (UBA), mercurial Tony Elumelu had...

At the 28th edition of the Nigerian Economic Summit Group (NESG) which was held last week, one issue raised by President Muhammadu Buhari while declaring the summit open was Nigeria’s...

Dana Air has since its resumption on the 9th of November, 2022 continued to garner commendations for its resilience and consistency in Nigeria’s aviation industry in the last 14 years...

The Federal Inland Revenue Service (FIRS) has announced the opening of 25 new satellite tax offices across the country. The service made the announcement in a statement signed by its...