Business News

With asset and capital base approximating N2 trillion and N500 billion respectively, Stanbic IBTC is celebrating its 30 years of operations in the country. The company has grown from its...

Worried by the dwindling fortunes of Nigeria’s economy, the Director-General, Budget Office of the Federation, Ben Akabueze, has said the proposed N8.83 trillion 2019 national budget presents opportunities for the...

A bankruptcy Judge approved Eddie Lampert’s $5.2 billion takeover bid for Sears (SHLD, +0.00%) Thursday, but not before leaving the hedge fund manager with some choice words. Lampert’s fund, ESL Investments, intends...

The Nigerian National Petroleum Corporation says it made a trading surplus of N2.06bn for the month of November 2018 The corporation, in its monthly financial and operational report released in...

U.S. top electric car maker Tesla Inc. will buy battery manufacturing firm Maxwell Technologies to boost its power storage technology, Maxwell said Monday. Maxwell said it has entered into a...

Ecobank Nigeria has joined numerous voices to canvass for a clear focus on power and employment solutions in the country, as a way to get the nation’s wheel of progress...

An equity market report which showed that Nigerian stocks are at present regarded as the cheapest in Africa, in relation to other major economies on the continent such as South...

Today's (21/01/2019) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros 

The future of the UK’s nuclear supply was in doubt on Thursday when Hitachi pulled a £20 billion project after government talks collapsed. The Japanese conglomerate confirmed it was suspending plans to...

Lawyers for former Nissan chairman Carlos Ghosn have appealed a Tokyo court decision to refuse him bail as he remains in prison awaiting trial. The car tycoon has been in...