Business News

Members of the Senate Committee on Establishment and Public Service and House Committee on Pensions have agreed to work together to tackle the challenge of accrued rights in the pension...

Electricity consumers have kicked against the hike in the prices of prepaid meters as announced by the power distribution companies. The Electricity Consumers Protection and Advocacy Centre told our correspondent...

The Federal Government has promised accelerated completion of the 378.3 megawatts Egbema Power Plant in Imo State, saying it is currently 70 per cent completed. The Minister of Power, Adebayo...

The United Bank for Africa (UBA) has achieved a remarkable milestone with a staggering 143% surge in gross revenue. It hit an unprecedented N2.08 trillion in the 2023 fiscal year,...

As Muslims prepare for Eid El-Kabir festivities, they face a bitter reality: the skyrocketing price of fresh tomatoes in Lagos markets, surging by over 100% in May alone. Traders attribute...

The naira has shown resilience in the unofficial market, appreciating against the dollar as the dollar index saw some losses due to profit-taking. On Friday, the naira was valued at...

In the first quarter (Q1) of 2024, Nigeria's gross domestic product (GDP) increased by 2.98%, up from 2.31% in Q1 2023. However, this slightly decreased from the 3.46% growth in...

Nigerian Aviation Handling Company Plc has set an N100bn revenue target within the next five years. The projection was made known by the Group Chairman of the company, Dr Seinde...

The demand for foreign exchange by individuals and companies seeking to do importation and other forex-related activities fell 42 per cent year-on-year, latest data from the Central Bank of Nigeria have...

The Federal Government says it has procured 50,000 prepaid electricity meters to be installed in military barracks and establishments across the country. The Minister of Power, Adebayo Adelabu, disclosed this...