Business News

By the end of May, the total amount of transactions on the local exchange had reached N2.35 trillion, a rise of 115.40 percent over the first five months of 2023....

On Thursday, the Federal Government announced that by the end of July, N150 billion in loans would be disbursed to manufacturers and micro, small, and medium-sized businesses. Furthermore, it revealed...

A digital platform has been introduced by the Nigerian Exchange with the intention of expediting the investing procedure. Temi Popoola, the Group Managing Director of the Nigerian Exchange Group Plc,...

Eterna Plc's chairman, Gabriel Ogbechie, revealed that the foreign exchange crisis of 2023 cost the business N9.4 billion. He revealed this in a statement provided to The PUNCH at the...

As of July 1, importers will no longer be able to access the foreign exchange pricing verification system webpage, according to the Central Bank of Nigeria. It further said that...

The Nigerian National Petroleum Company Limited reported last week that it has discovered a further 165 illicit refineries spread throughout the Niger Delta. A documentary by the NNPC states that...

On Wednesday, Amazon Inc. achieved a milestone by surpassing the $2 trillion market valuation barrier. It is the sixth American business to do so. The demand for technology-related equities was...

On Tuesday, the Federal Government refuted the recent assertion made by a Dangote Petroleum Refinery official that there was no unclean fuel imported into Nigeria. This was announced following a...

The National Identity Management Commission in Nigeria has received $45.5 million from the World Bank as part of the Digital Identification for Development (ID4D) initiative. The monies were distributed in...

In just one month, direct remittances increased by $172 million, according to the Central Bank of Nigeria. Remittances totaled $138.56 million in January, $39.14 million in February, $104.90 million in...