Business News

The Director-General of the Nigeria Employers’ Consultative Association, Mr Adewale Oyerinde, has stated that the country requires urgent actions to shake off the current economic crisis. In his assessment of...

The Federal Government has concluded plans to ensure marketers open Compressed Natural Gas Pumps in filling stations across the country. As such, the government said intending retail licensees would be...

Operatives of the Economic Financial Crimes Commission, on Tuesday, expanded its clampdown on Bureau De Change operators, arresting traders in Abuja, Lagos, Kano and Port Harcourt. This came as the...

THE Organisation of Petroleum Exporting Countries (OPEC) announced yesterday that Nigeria's oil output, excluding condensate, increased by 4% month on month (MoM) to 1.28 million barrels per day (bpd) in...

On Tuesday, the Financial Times ranked AFEX, Africa's major commodities market player, as the fifth fastest growing firm on its 2024 Fastest Growing Companies in Africa List. This was mentioned...

The Nigerian Exchange (NGX) witnessed its second consecutive day of bearish trends, with the All-Share Index dropping by 0.77%. Closing at 97,473.98 points, this marks the index's lowest level since...

On Monday, Dubai's Emirates Group revealed yearly profits of $5.1 billion, a 71% increase, as the airline firm set a new record for the second year running. "The Emirates Group...

Investors lost N297bn on the Nigerian Exchange Limited on Monday, driven by dips in the share prices of Seplat, PZ Cussons and ETranzact. Seplat shed 10 per cent to close...

The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the members of the Monetary Policy Committee would do whatever is necessary to get a handle on...

The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, Bello Hassan, has revealed that only 25 per cent of the value of customers’ deposits are insured by the...