Business News

Alhaji Aliko Dangote, the president of the Dangote Group, has announced plans to increase his refinery's storage capacity by 600 million litres. He claims that this will allow the refinery...

Its goal is to protect and increase the nation's non-oil revenue generation in order to support fiscal sustainability and the provision of high-quality public services. The international lender said that...

According to the World Bank, it presently has approximately $15 billion in technical advising and financial support to help Nigeria's economy expand. This came as the bank revealed that it...

Tapswap has announced its launch on the Open Network (TON) blockchain, addressing previous uncertainty about its blockchain platform. The Tapswap team shared this news on their X page, explaining their...

The World Bank has approved two financing facilities of $2.25 billion for Nigeria to support the Federal Government’s efforts to stabilize the economy. The approval was announced in a statement...

The ongoing surge in prices of goods and services, coupled with the naira's further depreciation, is projected to push inflation above 34 percent in May 2024, marginally higher than April's...

On Wednesday, Apple's market capitalisation reached $3.33 trillion, just shy of Microsoft's $3.26 trillion. Apple has surpassed Microsoft, which has held the distinction since January, to reclaim its status as...

The Office for National Statistics reported that the UK economy shrank in April due to the dampening effect of bad weather on consumer expenditure, a major setback to Prime Minister Rishi Sunak....

Bank borrowing from the Central Bank of Nigeria (CBN) decreased by 10.6 percent month on month (MoM) in May to N10.9 trillion. The CBN offers two short-term lending windows for...

Tuesday's decline in 16 stocks, including National Salt Company, Thomas Wyatt Nigeria, May and Baker Nigeria, and others, caused the Nigerian equity market to lose N92.32 billion. The all-share index...