Business News

The Central Bank of Nigeria released a total sum of $2.13bn to Nigerians for importing food products in 2023, Findings by The PUNCH have shown. According to the quarterly statistics of the...

Notcoin (NOT), a cryptocurrency backed by Telegram, has seen a dramatic value drop of over 85% in its first week of listing despite a successful airdrop campaign. This cryptocurrency is...

For flouting regulations, nine financial institutions paid N678m fines in 2023, according to The PUNCH analysis of their annual reports. Last year, the financial groups were more regulatory compliant, as the fine...

Analysts have projected that the Monetary Policy Committee of the Central Bank of Nigeria, which commenced its third meeting of the year on Monday, is likely to increase the benchmark...

Eight manufacturers, including Dangote, BUA and Lafarge saw their foreign exchange-related losses rise to N627.7bn in the first quarter of the year, according to findings by The PUNCH. This is...

From 1.28 million barrels per day in April, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says Nigeria’s oil production was inching towards 1.7mbpd...

Petroleum workers, under the auspices of the Nigerian Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria, have called for the withdrawal...

The African Export-Import Bank has recently published its consolidated financial statements for the three months ending on March 31, 2024. During this period, the group noted that it exhibited strong...

Some shareholders of MRS Oil Nigeria Plc have thrown their weight behind the delisting of the company from the Nigerian Exchange. One of the firm’s shareholders and directors, Mathew Akinlade,...

The United States has announced the reintroduction of an Air Transport Agreement with Nigeria to strengthen bilateral aviation ties between the two countries. This was disclosed by the Public Diplomacy...