Business News

The Nigerian Exchange Group has said that it will be adopting technology to drive the capital-raising efforts of financial companies who are racing to meet the new capital requirements of...

The naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and N1,050/$ at the parallel market at the close of trading activities on...

The cryptocurrency market is beginning to rebound after a weekend crisis that saw Bitcoin fall below $63,000. As of the time of publication, CoinGecko data shows that Bitcoin (BTC) is...

Nigeria lost about N720bn in revenue as a result of the consecutive monthly decline in its crude oil production in February and March 2024, The PUNCH reports. Also, the country’s...

As of December 31, 2023, the unclaimed dividend of shareholders of Dangote Cement Plc has surged to N4.7 billion, as revealed in the company's 2023 audited annual report obtained by...

The National Bureau of Statistics has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, up from 31.70 per cent in February 2024. This represents...

The Federal Government has appealed to members of the National Union of Electricity Employees not to down tools over the recent electricity tariff hike. This is as the union insisted...

Manufacturers have decried the high cost of automobile petrol oil (AGO), often known as diesel, which is used to generate electricity for their operations, claiming that the commodity consumes almost...

The Nigeria Customs Service, Port & Terminal Multipurpose Limited Command, has revealed that it collected N66.9bn in revenue for the first quarter of 2024. The Public Relations Officer of the...

The weakening of the naira resulted in a combined foreign exchange loss of N8.31bn for four pharmaceutical firms listed on the Nigerian Stock Exchange in 2023. The 2023 financial statements of...