News

The Nigerian exchange maintained its positive trading trend for the second consecutive day as it gained N329bn. The All-Share Index and the market capitalisation rose by 0.58 per cent to...

Due to sluggish domestic demand, Japan's GDP unexpectedly shrank, entering a recession and losing its ranking as the third largest economy in the world to Germany. The Cabinet Office said...

The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters....

The Managing Director of BUA Foods, Ayodele Abioye, has disclosed that the company has invested over $200m in its integrated sugar estate in Lafiagi, Kwara State. Abioye said this on...

Nigeria’s crude oil production marginally dropped to 1.42 million barrels a day in January 2024, according to Organisation of Petroleum Exporting Countries, OPEC. OPEC’s Monthly Oil Report for February 2024...

The Federal Government is seeking to raise N2.5tn in its second FGN bonds auction of the year. Debt Management Office in a circular issued on Wednesday, stated that the offerings...

The Corporate Affairs Commission (CAC) has urged social media content creators, Instagram users, and TikTok users with large followings to register their businesses with the agency under the Company and...

The Nigeria Deposit Insurance Corporation (NDIC) has announced a partnership with the Central Bank of Nigeria (CBN) to address potential banking system risks ahead of time. Mr Bello Hassan, Managing...

The Lagos State Traffic Management Authority (LASTMA) has introduced Ticket Alert, a new initiative aimed at promoting voluntary compliance with traffic laws among motorists. The launch of Ticket Alert was...

1. FG gives conditions for tolling Benin-Asaba, Lagos-Abeokuta highways The Federal Government has specified new conditions for tolling the Benin-Asaba and Lagos-Abeokuta road corridors, stating that toll collection will only...