Business News

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...

Yesterday, the Naira fell to N1,305 per dollar on the parallel market, down from N1,255 per dollar on Tuesday. Similarly, it fell to N1,308.52 per dollar on the Nigerian Foreign...

The naira sank more on Wednesday in the official market, trading at N1,308.52 per dollar. According to data from the FMDQ Exchange's official trading platform, which administers the Nigerian Autonomous...

The bearish trading pattern maintained its grip on the Nigerian exchange on Wednesday resulting in a N673bn deduction from the wealth of investors. During the midweek trading, the All-Share Index...

Many filling stations were closed in Abuja and about five other states on Wednesday as the scarcity of Premium Motor Spirit, popularly called petrol caused heavy queues at the few...

Trade and investment experts have urged the federal government to prioritize maintaining stability in the foreign exchange market to encourage significant investments in the country. This call was made during...