Business News

The Air Transport Services Senior Staff Association of Nigeria has threatened to embark on industrial action if the Federal Government refuses to exempt aviation agencies from the directive seeking 50 per...

During a briefing at the ongoing Spring Meetings of the International Monetary Fund (IMF) and World Bank in Washington DC, Minister of Finance and Coordinating Minister of the Economy, Wale...

Yemi Cardoso, the Central Bank Governor, proudly announced that the Naira has secured the title of the best-performing currency globally as of April 2024. This notable achievement stems from a...

Olayemi Cardoso, the governor of the Central Bank, announced a shift from crisis management to strategic planning, aiming to stabilize forex. After battling economic woes for six months, including high...

In the parallel market, the Naira has fallen to N1,140 per dollar, down from N1,060 on Thursday. Similarly, the Nigerian Foreign Exchange Market (NAFEM) saw it fall to N1,169.99 per...

The Extraordinary General Meeting called by FBN Holdings to seek shareholders’ approval to raise N300bn has been canceled. A notice on Friday filed with the Nigerian Exchange Limited said the...

The Nigerian National Petroleum Company Limited and its joint venture partner in Oil Mining Lease 85, First Exploration and Petroleum Development Company Limited, have commenced oil production from the asset...

Access Holdings, the parent company of Nigeria’s largest bank, Access Bank, has said that it will be going fully digital for its N365bn rights issue. In a notice filed with...

Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has pledged support for locally-made vehicles, saying supporting such initiative will enhance economic growth. He spoke after taking a test drive...

The 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for as much as a third of its feedstock as it...