Business News

The Nigerian Exchange Limited (NGX) has admitted 402,082,657 ordinary shares of 50 Kobo each of Cadbury Nigeria Plc on its platform. This was revealed in NGX's weekly report obtained by...

President Bola Tinubu has assured Chinese investors that Nigeria is a secure and favorable destination for investments, promising robust support from his government to ensure business success. This commitment was...

For the first time this year, Nigeria's money supply has seen a notable decline, closely linked to the Central Bank of Nigeria’s (CBN) recent hike in interest rates. Data from...

Oil and gas and banking stocks were among the biggest losers on the Nigerian Exchange (NGX) during the week ending May 18, 2024. The NGX Oil/Gas Index, tracking the performance...

Notcoin (NOT), a rising cryptocurrency, has achieved a major milestone by breaking into the top 10 cryptos by daily trading volume following its listing on multiple centralized exchanges on May...

As part of the measures to tackle incessant power outages in the country, President Bola Tinubu has approved the gradual payments of power sector debts estimated at over N3.3tn. Consequently,...

The Chief of Mission to the Taiwanese Government in Nigeria, Andy Liu, has disclosed that the value of trade between Nigeria and Taiwan was halved to $500m in 2023, from...

The Naira rose in the parallel market Friday to N1,480 per dollar, up from N1,540 per dollar on Thursday. Similarly, it rose to N1,497.33 per dollar on the Nigerian Autonomous...

The Federal Government will on Tuesday resume negotiations with organised labour and other stakeholders on the N48,000 it proposed as the new national minimum wage. Also, there are indications that...

Nigeria’s newly constructed Dangote refinery, Lagos is seeking to purchase millions of barrels of US crude oil over the next year as it ramps up processing rates, Bloomberg reported on...