Business News

The Nigeria Customs Service (NCS) has significantly reduced the exchange rate charged for cargo clearance and import duties collection. The rate has decreased from N1,572.5/$ to N1,448.38/$, marking a reduction...

Aliko Dangote, the president of the Dangote Group, has reportedly spent over N15 billion on a food intervention scheme that serves people all over Nigeria. His foundation, the Aliko Dangote...

Forex, the Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators, notifying them that each BDC has been allocated $10,000 at a rate of...

Equity market investors lost about N248bn last week due to a decline suffered by Julius Berger (-17.15 per cent), MTN Nigeria (-12.25 per cent), PZ Cussons (-10 per cent) and...

Some businesses under the aegis of the Organised Private Sector of Nigeria are considering taking legal action against some commercial banks for not honouring forex requests which have lingered over...

Operators in the built environment have blamed the rising slums in the country on the shortage of affordable houses for the less privileged. In an exclusive interview with The PUNCH, the...

Global equity market capitalisation increased by 13 per cent or over $13tn in 2023, according to a report from the World Federation of Exchanges. The report, the 2023 Market Highlights,...

According to a report from the National Bureau of Statistics (NBS) released in Abuja on Saturday, prices of essential food items including beef, rice, beans, onion, white garri, yam, and...

Ten stockbrokers on the Nigerian Exchange traded about N57.69bn worth of shares in the week just ended. According to the weekly analysis of trading activities seen by Sunday PUNCH, the value of the...

The latest Food Price Watch from the National Bureau of Statistics (NBS) reveals a significant increase in major staple food prices across Nigeria, with double-digit growth observed month-on-month. According to...