Business News

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...

Yolo Group’s Sportsbet.io’s has announced three more ambassadors alongside a team of superstars that already includes Nwankwo Kanu, Brett Lee and King Kaka. According to a statement by the firm,...

Following the recent rebound of the naira against the dollar, the price of a 50 kilogramme bag of rice has dropped to an average of N67,000 in Lagos, Abuja, Ogun,...

The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to data obtained from the FMDQ securities exchange....

Guaranty Trust Holding Company (GTCO) Plc has announced a total dividend payout of N94.180 billion for the financial year ending December 2023, translating to N3.20 per share held by shareholders....

The Central Bank of Nigeria (CBN) has proactively addressed currency fluctuations and met essential foreign exchange demands by issuing a circular to Bureau De Change (BDC) operators. This circular announces...