Business News

The Nigerian Export Promotion Council (NEPC) revealed that in 2023, Nigeria exported over 17,000 metric tons of Shea products valued at N20 billion ($14.5 million). During the Shea Nigeria Brand...

Nestle Nigeria Plc saw a 43.4% increase in sales during Q1 2024, generating earnings of N183.5 billion, marking a significant rise of N55.5 billion compared to the same period in...

Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, has been imprisoned for four months after pleading guilty to a money laundering violation. The sentencing took...

Guinness Nigeria Plc has improved its operating profit by 27 per cent to N2.21bn in the first quarter of 2024 despite N81bn foreign exchange loss. This was revealed in the...

FCMB Group Plc reported a profit before tax of N104.4 billion, an 186 percent year-on-year (YoY) rise from N36.6 billion in 2022, with earnings growth across all business sectors. Banking...

The naira ended the month of April on a positive note, up N28.15 at the official market, trading at N1,390.96 to the dollar. According to data from the FMDQ Exchange's...

The Federal Government says it will stop granting licences to gas companies with no capacity to build pipelines for gas distribution. This, the government said, became necessary to discourage the...

As fuel scarcity continues to bite harder in different locations, the Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length...

The Nigerian Exchange Group has said that it is working on plans to provide an online platform for public offers as well as expand its footprint across the African continent....

In April, the NGX All-Share Index experienced a significant decline, resulting in investors losing N3.57 trillion in market value. This marks the first monthly decline for the NGX this year,...