News

Sun International Limited, a renowned South African hospitality group, intends to offload 43% of its stake in Tourist Company of Nigeria Plc, the entity behind the Federal Palace Hotel and...

Nigerian crude oil prices surged in the latest trading session amidst speculation of a potential direct attack on Iran by Israel over the weekend, escalating tensions in the Middle East....

The Dean of the Lagos Business School, Professor Chris Ogbechie, has stated that only 30 per cent of family businesses survive beyond their first generation. He stated this during his welcome...

The Minister of Finance and the Coordinating Minister of Economy, Wale Edun, has disclosed that the revenues of government-owned enterprises, ministries, departments and agencies increased to N835.70bn in February. This...

The Federal Government, on Friday, said the drop in Nigeria’s crude oil production was due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried out by...

Nigerian Breweries Plc has announced plans for a company-wide reorganization, including the temporary suspension of operations in two out of its nine breweries. The company expressed its commitment to minimizing...

As indicated by Goldman Sachs Group Inc., Nigeria's naira is positioned to continue its upward trajectory, emerging as the best-performing currency globally for the current month. This remarkable appreciation, characterized...

In February, the UK economy had a small growth, raising hopes that the recession may be ending. According to official statistics, the economy expanded by 0.1%, helped by manufacturing and...

The Minister of Power, Adebayo Adelabu, says the N225 Kilowatt-Hour being paid by electricity consumers on Band A will reduce if the exchange rate falls below N1,000 to a dollar....

Zenith Bank Plc has released its audited results for the fiscal year ending December 31, 2023, showing a spectacular triple-digit growth of 125% in gross earnings from NGN945.6 billion in...