Business News

The Nigerian National Petroleum Company Limited, working with stakeholders, increased crude oil output to 1.8 million barrels per day, bringing the Federal Government's monthly revenue from the oil sector to...

Agricultural stakeholders have pushed for extensive subsidies on fertilisers and inputs to boost output and lower the rising cost of staple foods. According to them, the action was necessary to...

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has clarified that the proposed Value Added Tax (VAT) distribution model aims to promote fairness. His...

Ghana may begin purchasing petroleum products from Nigeria's Dangote Oil Refinery once it reaches full operational capacity, potentially reducing its $400 million monthly fuel imports from Europe. This move could...

Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has stated that the apex bank is unable to reduce interest rates as seen in many other countries due...

The Embassy of the Socialist Republic of Vietnam, in collaboration with the Nigeria-Vietnam Economic, Trade, and Cultural Association (NVETCA), has announced that it will hold a high-level Round Table Business...

The National Bureau of Statistics (NBS) has stated that the planned rebasing of Nigeria’s Gross Domestic Products will prove more accurate to the economy. The Statistician General of the Federation...

The federal government has failed to interfere in the ongoing USSD debt issue involving the country's telecom carriers and commercial firms. MTN Nigeria's Chief Executive Officer (CEO), Karl Toriola, stated...

MTN Nigeria, the country's largest telecom operator, has warned of a potential shutdown if prices are not increased to cover mounting operational costs. Karl Toriola, the company's CEO, delivered the...

Transcorp Hotels Plc, Transcorp Group's hotel arm, has reported its third-quarter results for 2024. The company recorded a great performance, increasing revenue by 67% from N28.97 billion in Q3 2023...