Business News

Microsoft, a multinational technology company based in the United States, is considering eliminating one of its Nigerian businesses, the African Development Centre in Lagos. Microsoft's ADC is in Ikoyi, a...

Following the media disagreement between organised labour and some governors on the national minimum wage, the Nigeria Employers’ Consultative Association has called on both parties to sheath their swords and...

Nigeria Labour Congress, Trade Union Congress and bank customers have opposed the newly introduced cybersecurity levy by the Central Bank of Nigeria, demanding its immediate withdrawal. The NLC on Tuesday...

Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum Development Company...

Operatives from the Economic and Financial Crimes Commission on Tuesday reportedly arrested some h Bureau De Change operators at the popular Wuse Zone 4 market on Tuesday. This came as...

The Central Bank of Nigeria (CBN) has instructed commercial banks to halt the imposition of charges on cash deposits until September. This directive comes as a response to protests from...

The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank on Monday disclosed that...

The Central Bank of Nigeria has provided additional clarifications on the circular concerning the cash pooling of repatriated oil and gas export proceeds by international oil companies. The apex bank...

Experts have called on the Federal Government to implement policies that would encourage investments in the country’s technology ecosystem. They stated this at the third edition of the TMT Business...

According to data from the Central Bank of Nigeria (CBN), in March, Nigerian banks witnessed a substantial decrease in lending to both the private and public sectors, amounting to N23.99...