Business News

Broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria four months after its last increment. The company reviewed prices in its packages across the board. The...

The Nigerian Foreign Exchange Market, or NAFEM, saw the Naira fall to N1,300.15 per dollar yesterday, topping the parallel market rate by N45.15. According to FMDQ data, the indicative exchange...

As food prices remain high, tomato farmers in Kano State have lost more than N2 billion due to caterpillar bug infestation. According to Kura, farmers had a similar experience in...

With the recent strengthening of the Naira against the dollar, the cost of various goods in Nigeria has begun to fall, most notably rice, the country's main grain. Market surveys...

More than 70 per cent of the global workforce is likely to be exposed to climate-change-related health hazards, according to a new report by the International Labour Organisation. The report,...

Following the skidding of the runway at the Murtala Muhammed Airport, Lagos by Dana Airline on Tuesday, the Nigeria Civil Aviation Authority has shut down the 18L runway. The NCAA...

Oil marketers have continued to dispense Automotive Gas Oil, popularly called diesel, at a price between N1,350/litre and N1,450/litre in various locations across the country despite repeated cuts in the...

For the second time in two months, the Central Bank of Nigeria, CBN, reduced the exchange rate in the Bureaux De Change, BDC, segment of the currency market by 7.2...

The Dangote refinery has announced a further reduction in the diesel price, lowering it from the previously reported N1000/litre to N940/litre for customers purchasing 5 million litres and above from...

The shareholders of International Breweries have approved a loan of $379.9m from its majority shareholder, AB InBev Nigeria Holdings BV, to enable the company to repay a loan obtained from...