Business News

The Nigerian Labour Congress has called the National Bureau of Statistics report on the country's declining jobless rate, which contradicts reality, "fiction." The Organised Private Sector supported the NLC's stance,...

A gain of N77 billion was achieved by the Nigerian equities market in the last week, bringing the overall market capitalisation closer to the expected N60 trillion barrier. At the...

Nigeria's GDP grew 3.46 per cent in the third quarter of 2024 compared to the previous year's period. The National Bureau of Statistics' most recent GDP report, released on Monday,...

PricePally, an online grocery platform has said that farmers want further assistance to enhance the agricultural sector and ensure a sustainable food supply in Nigeria. The company said in a...

The Federal Government has failed to meet its goal of providing crude oil to the refinery under the naira-for-crude scheme, according to the Dangote Petroleum Refinery. It said that in...

Gautam Adani, one of the wealthiest men in the world, cheered Donald Trump's election win a few weeks ago and declared his intention to invest $10 billion (£7.9 billion) in...

The Dangote Petroleum Refinery has resumed buying crude oil from the United States as part of its continuous endeavours to increase oil production and improve its refining capabilities. The recent...

According to the most recent Stears Private Capital in Africa Report for Q3 2024, a staggering 85% of all private market transactions in that quarter took place in Nigeria, South...

On Wednesday, the naira depreciated against the dollar once more on the official and black foreign exchange markets. This comes after the naira depreciated from N1,678.93 to N1687.52 per dollar on Tuesday,...

Bill Hwang, a former wealthy investor, was sentenced on Wednesday for the collapse of Archegos Capital Management, which cost Wall Street banks over $10 billion. He may spend a significant...