Business News

The bullish trading pattern of 2023 extended into the first quarter of 2024, resulting in a N18.203tn gain for investors in the Nigerian Exchange. The exchange had closed 2023 with...

he Nigeria Railway Corporation lost N119.85m in 2023  compared to revenue figures recorded in 2022. This is according to analyses of data obtained from the Nigeria Bureau of Statistics. The...

The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday. This indicates an increase...

Cadbury Nigeria Plc has reported a staggering pre-tax loss of N28.2 billion for the fiscal year 2023, representing a significant decline of 2269% from the N1.3 billion pre-tax profit recorded...

The Central Bank of Nigeria (CBN) is bracing for a hefty interest payout, with projections indicating an outlay of approximately N1.01 trillion, stemming from its relentless efforts to safeguard the...

In a bid to ramp up lending efforts amidst mounting pressures, the World Bank eyes a debut hybrid note issuance of up to $1 billion this year, as disclosed by...

The shares of the social media company fell more than 21% on Monday, bringing former President Donald Trump's net worth down to around $1 billion. This marked the end of...

The collaboration between The Alternative Bank and TK Tech Africa is set to revolutionize the landscape of financial technology and non-interest banking in Nigeria with their groundbreaking $500 million Digital...

For the fourth time since 2019, Zenith Bank Plc has taken home the title of Best Bank in Nigeria at the Global Finance Best Banks Awards 2024. The Bank was...

The Association of Corporate & Marketing Communication Professionals of Banks has said that Nigerian banks are well able to meet the new recapitalisation requirements of the Central Bank of Nigeria....