Business News

According to Asharami Synergy Limited, a downstream business of the Sahara Group in Nigeria, stability in the foreign exchange market will have a favourable effect on the aviation fuel market...

When MTN Nigeria sold 575 million common shares to Nigerians for N169 a share in a solely digital offer in December 2021, the Nigerian capital market saw its first DPO....

The $150 million in concessional loans and grants from Italy, which are meant to finance projects throughout the continent, will be matched, according to the African Development Bank. As Italy's...

William Ruto, the president of Kenya, is scheduled to convene a summit on Africa's blue economy, which is predicted to grow to $405 billion by 2030. "Blueinvest Africa 2024: An...

Adidas claims to have opened an inquiry into claims of "compliance violations" in China, one of its main sportswear markets. Last week, local officials were accused of embezzling "millions of...

Afreximbank and the Federal Government have inked a Memorandum of Understanding (MoU) to create a $3 billion Nigeria Industrialization Financing Facility for light manufacturing and industrial parks. It is anticipated...

The Dangote Group intends to enter the steel industry with the ultimate goal of elevating Nigeria to the top spot in West Africa for steel production. During his speech at...

Guaranty Trust Bank has brought no fewer than sixty senior officials of thirteen commercial banks before the court while a lawsuit between GTBank and Afex Commodity Exchange about a N17...

A persistent disruption in the gas supply from Nigeria is causing blackouts in certain areas of Ghana and other West African countries. Following the development, our correspondent discovered that there...

Food inflation increased to 40.66 percent in May, making it harder for Nigerians to feed themselves. This occurred as the price of food increased by 61%, from 25.25% in June...