Business News

With a 24.99 percent increase in just three months, Nigeria's overall public debt has risen to N121.67 trillion, according to the Debt Management Office. This increased amount is based on...

To address power-related violations quickly, the Federal Government announced on Thursday that it was finalising the procedure for the creation of an electricity offences tribunal with a built-in appeals system....

As of October 2023, the country's free trade zones might produce more than N11.11 trillion that will be deposited into the Federation Account, experts claim. In a conversation with The...

On Thursday, Nigerian National Petroleum Company Limited (60 percent) and TotalEnergies (40 percent), the operators of Oil Mining Lease 58 onshore licence in Nigeria, signed a $550 million Final Investment...

Nigeria's Debt Management Office (DMO) reported a significant rise in the country’s total public debt, which reached N121.67 trillion (approximately $91.46 billion) as of March 31, 2024. This figure includes...

Thanks mostly to the efforts of CRC Credit Bureau Limited, Nigeria's leading credit bureau provider, credit penetration in the country has increased to 14%. Although penetration has increased, the level...

The National Bureau of Statistics, the average cost of five kilogrammes of cooking gas rose from N6,521.58 in April 2024 to N7,418.45 in May 2024. The nation's capital, Abuja, hosted...

Over two-thirds of professionals in Nigeria and three-quarters of professionals in Ghana are open to working overseas, according to a recent survey by Boston Consulting Group and The Network. Decoding...

Olusegun Alebiosu has been officially appointed as First Bank of Nigeria Limited's Managing Director (MD) and Chief Executive Officer (CEO). In a note sent on Wednesday, the company's secretary, Adewale...

Despite widespread market downturns, Ethereum has recorded a nearly 4% increase following news that the United States Securities and Exchange Commission (SEC) has concluded its investigation into the cryptocurrency without...