Business News

On Thursday, there was significant gasoline scarcity in Kaduna, with the majority of fuel stations not dispensing fuel, forcing those selling on the black market to raise the price to...

Guinness Nigeria Plc, Nigeria's leading total beverage alcohol firm and a subsidiary of Diageo Plc, has revealed its unaudited financial results for the nine months ending March 31, 2024, demonstrating...

Residents of Onitsha and its surrounds awoke Thursday to another increase in Premium Motor Spirit, or PMS, also known as fuel, from N700 per litre to between N730 and N750...

The queues for Premium Motor Spirit, popularly called petrol, grew worse in Abuja and neighbouring Nasarawa and Niger states on Thursday, as the Nigerian National Petroleum Company Limited blamed the...

After days of sustained bearish trading, the Nigerian exchange recorded a 0.05 per cent increase in the All-Share Index as investors gained N26bn. The local bourse has been on a...

Global trade has continued to grow, reaching over US$ 30.4 trillion in 2023, a fivefold increase since 1995, the World Trade Organisation has stated. In a report to mark its...

The Federal Government through the Central Bank of Nigeria has been urged to sustain recent moves and policies being rolled out to stabilise the naira. The Chief Executive Officer of...

In the first quarter of 2024, Dangote Cement recorded a significant increase in domestic sales volume, rising by 26.1% to reach 4.6 million metric tonnes (Mt). This notable surge in...

Based on data provided by Bloomberg, the Dangote refinery's capacity has placed it above the ten largest refineries in Europe. 650,000 barrels of petroleum products may be refined daily at...

The President of the African Development Bank, Akinwumi Adesina, has said that non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth are undermining African economic potential. According...