News

The Nigeria Employers’ Consultative Association (NECA), representing employers in Nigeria, has strongly criticized the ban imposed by the National Agency for Food and Drug Administration and Control (NAFDAC) on producing...

The Securities and Exchange Commission (SEC) has reiterated its cautionary stance against investing in unregistered entities promising unrealistically high returns, as it reveals that Nigerians have lost up to N500...

Trading activities on the Nigerian Exchange on Wednesday were subdued leading to a marginal depreciation in the market capitalisation to N55.87tn. At the close of trading, investors lost N1bn as...

A multinational firm, PZ Cussons, has announced an £88.2m foreign exchange loss arising from the devaluation of the naira. PZ Cussons Chief Executive Officer, Jonathan Myers, in a statement on...

Vice President Kashim Shettima will today inaugurate a committee that will develop the country’s Carbon Market Activation Plan at the Presidential Villa, Abuja. According to a statement, the intergovernmentalal committee...

Gas valued at $1.9bn was flared in Nigeria between 2020 and 2024, a report by the Nigerian Gas Flare Tracker has revealed. The report stated that during the period under...

Renowned economist Mr. Bismarck Rewane has called on the federal government to be transparent with the public regarding the state of the economy and the measures being taken to address...

Kwara State Governor AbdulRahman AbdulRazaq, who also serves as the chairman of the Nigeria Governors’ Forum (NGF), has called for patience amidst the country's ongoing economic challenges. Speaking during a...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the commencement of oil production from the Akpo West field, located in Petroleum Mining Lease (PML) 2 (formerly OML 130),...

The Federal Government has designated the Bank of Industry (BOI) as the implementing agency for a N200 billion fund to support businesses across Nigeria. Recently, the Federal Ministry of Industry,...