Business News

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....

The Association of Bureaux de Change Operators of Nigeria has said that the recovery of the naira has led to a relative decrease in the prices of goods and services...

The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal unit, higher than the previous...

BUA Foods has improved profit after tax by 22.72 per cent to  N112.1bn in 2023 from the N91.3bn reported in the prior year. According to its annual report and financial...

Twelve banks will be unable to utilise about N4.8tn in retained earnings in their coffers to strengthen their capital base in line with the new Central Bank of Nigeria directive...

In the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the foreign exchange market by $2.5bn, making the naira strengthen to...