Business News

The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent over Friday’s 1,482.81/$. According to FMDQ data, which houses the...

Dr Akinwunmi Adesina, Group President of the African Development Bank (AfDB), stated that Africa loses between $7 and $15 billion every year due to the effects of climate change. Adesina...

Dr. Ebenezer Onyeagwu, Group Managing Director/Chief Executive Officer of Zenith Bank Plc, has been named the International Banker 2024 Banking Awards' "Best Banking CEO of the Year in Africa," holding...

The President of Dangote Industries Limited, Aliko Dangote has urged the Federal Government to jettison asphalt for concrete-made roads. Speaking at the commissioning of the Apapa- Oworonshoki road by President...

International consumers failed to remit about $51.26m to Nigeria for electricity exported from Nigeria to the power users in 2023, the Federal Government revealed in the latest industry data showing...

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...