Business News

The price of Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery has increased from N940/litre to N1,100/litre due to the crash of the naira against the...

The International Labour Organisation has stated that Nigeria and other low-income countries need about $1.4tn to provide basic social protection to their citizens. The organisation disclosed this in a new...

Members of the Organised Private Sector and economists have expressed fear over the latest hike in the nation’s benchmark interest (Monetary Policy Rate) by the Monetary Policy Committee, saying the...

The Federal Government has approved a $750m World Bank funding for the construction of 1,200 mini-grids in rural communities across Nigeria. The Managing Director/Chief Executive Officer of the Rural Electrification...

Foreign portfolio investment (FPI) outflows surged by 237% in the first quarter (Q1) of 2024 compared to the same period in 2023, according to data from the NGX research department....

A group of Tesla shareholders is requesting that investors cast their votes against CEO Elon Musk's more than $40 billion in remuneration, arguing that it is not in the best...

Mr. Oliver Alawuba, Group Managing Director/Chief Executive of United Bank for Africa, UBA Plc, stated yesterday that the bank will continue to focus on innovations that improve client experiences in...

The Executive Director of Finance and Risk Management for United Bank for Africa, Ugochukwu Nwaghodoh, has said that the banking group would meet the new capital requirement before the March...

Telecommunications and mobile money services provider, Airtel Africa, has revealed that its subsidiary, Bharti Airtel International (Netherlands) B.V., has repaid in full its $550m bond maturing Monday. This was disclosed...

The trade volume between Nigeria and Indonesia rose to $4.7bn in 2022, the President of the Nigerian-Indonesian Chamber of Commerce and Industry, Ishmael Balogun, has disclosed. Balogun this during a...