Business News

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...

According to Access Bank Plc's W Initiative, the event organising industry manages more than $2 billion yearly. Access Bank Plc's W Initiative promotes women's leadership in business. The bank, through...

Thirty-one capable fund managers have been identified by the Nigerian Upstream Petroleum Regulatory Commission to invest twenty percent of the three percent yearly funds that accrue to the Host Communities...

Nigeria's inflation rate increased from 33.69 percent in April to 33.95 percent in May, a change of 0.26 percentage points. This was revealed today in the National Bureau of Statistics'...

In order to effectively protect the country's mineral riches, the Federal Government has approved the deployment of an additional 350 mining marshals to various regions of the nation. This came...