Business News

A sell-off in the shares of certain highly capitalised businesses last week resulted in N784 billion in losses for investors on the stock market. Despite indications of recovery in certain...

The Senate has expressed concern over the prevailing depreciation of the naira against the greenback and other foreign currencies. Senator representing Niger East and Chairman, Senate Committee on Finance, Sani...

In the first quarter of 2024, Nigeria's Stock Market (NGX) experienced a remarkable surge in foreign portfolio inflows, totaling N93.37 billion, marking a staggering 415% increase compared to the same...

The President and Chairman of the Council of the Chartered Institute of Taxation of Nigeria, Mr Samuel Agbeluyi, has noted that the establishment of the Presidential Committee on Fiscal Policy...

Maritime experts have said that Nigeria is losing a sum of $9.2bn annually to foreign shipping lines that are handling cargo that a national fleet is supposed to handle. A...

Travellers in Nigeria may soon benefit from lower airfares following the drop in the price of Jet A1, the fuel used by airlines. As reported by the PUNCH, the Dangote...

The federal government has announced plans to establish a single revenue generation platform for tax administration across the nation. This aim is to replace the current multiple taxation system, which...

The Central Bank of Nigeria (CBN) has increased the exchange rate for paying Customs duties at the nation’s seaports by 11.1 percent in response to the devaluation of the naira...

Jim Ovia, the creator of Zenith Bank, has been named by President Bola Tinubu as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). Ovia's appointment was...

The German idea won over 39 other European competitors, which included a floating university in Berlin, a vertical school in Madrid, Spain, and a mysterious garden close to Lund, Sweden....