Business News

The market capitalization of the top five banks, known as Tier-1 banks or FUGAZ, increased by 2.23% to close at N2.00 trillion on October 14th, 2022, despite investors in these...

Thursday was a bad day for the domestic currency in the various segments of the foreign exchange (forex) market, as it depreciated against the US dollar. The Naira fell N3...

The Nigerian Exchange (NGX) Limited's first-week trading session ended on a positive note on Tuesday, thanks to bargain-hunting in the industrial goods and financial services sectors. The relatively low stock...

London Academy Business School (LABS) has collaborated on programs to build the capacity of business leaders with other business schools in Africa and around the world. The collaboration also extended...

Oil prices rose more than 1% on Thursday, remaining at three-week highs, after a deal to cut production targets by 2 million barrels per day, the largest reduction since 2020,...

The Nigerian Exchange (NGX) Limited struggled for breath on Tuesday, as bears maintained their hegemony over the bourse, choking it by 0.29 percent at the close of trades. It was...

At the recently finished 10th anniversary of the Marketing Edge brands and advertising excellence awards, which was held in Lagos, Africa's global bank, the United Bank for Africa's Foundation, was...

The thirteen Nigerian banks listed on the Nigeria Exchange earned N501.13 billion in profit after tax in the first six months of 2021, a 13.1% increase over the N443.17 billion...

The combined market capitalization (SWOOTs) increased by 0.14% to N19.53 trillion, up from N19.50 trillion the previous week, representing a N27.42 billion gain. Airtel Africa, BUA Cement, Dangote Cement, Nestle,...

The Central Bank of Nigeria (CBN) raised the benchmark interest rate by 150 basis points (bps) to 15.5% on Tuesday, September 27, 2022, marking the third straight rate increase this...