Category: Business

The Nigerian Exchange Limited (NGX) recently listed the Federal Government’s N130bn sovereign Sukuk through the Debt Management Office (DMO) on…

After four days of bearish trading, the Nigerian Exchange Limited witnessed a return of bullish trading on Wednesday, resulting in…

Oil marketers in Nigeria have stated that local refining of petroleum will reduce petrol prices by at least N70 per…

The Federal Competition and Consumer Protection Commission (FCCPC) has given digital money lenders a five-day ultimatum to demonstrate that they…

The Nigerian National Petroleum Company Limited (NNPCL) plans to prioritize gas development and transportation projects to achieve affordable and clean…

Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) staged a protest at the commission’s headquarters in Abuja, demanding the…

Shell Nigeria Exploration and Production Company (SNEPCO) has extended an invitation to rig providers for a deepwater mobile drilling project…

The Asset Management Corporation of Nigeria (AMCON) has revealed that it successfully recovered N1.6tn from bad debtors during its existence…

In July, Nigeria’s external reserves experienced a decline of $167.2 million, as the value of the naira depreciated against the…

Three major cement-producing companies in Nigeria, including Dangote Cement, Lafarge Africa, and BUA Cement, struggled to generate a marginal 2.5%…

Amidst an unfavorable business climate in Nigeria, foreign investments in the manufacturing sector saw a sharp decline of 51% in…

As Africa’s youth population grows, entrepreneurs are urged to develop healthcare solutions catering to the continent’s future medical needs. However,…

The Nigerian Exchange Limited witnessed a slowdown in bullish trading last week, resulting in a modest gain of N8 billion…

The amount paid on rentals for Sukuk bonds in Q1 2023 was N8.17bn, which remained unchanged from the same period…

Currency outside banks reached N2.26tn at the end of June 2023, a significant increase of 185.68% from N792.18bn in January…

Uniterm Nigeria Limited files a winding-up petition at the Federal High Court in Lagos against Oriental Energy Resources Limited over…

Nigeria’s Debt Management Office (DMO) expects improvements in government revenues through the work of the Committee on Revenues set up…

The Central Bank of Nigeria (CBN) has restated its commitment to gradually replace the old N200, N500, and N1,000 naira…

The International Monetary Fund (IMF) has forecasted a decline in Nigeria’s economic growth in 2023 and 2024, attributed to security…

Skyway Aviation Handling Company (SAHCO) Plc’s Q2 2023 unaudited results show a remarkable 215.60% increase in pre-tax profits, reaching N1.38…

During the 17th Annual Business Law Conference of the Nigerian Bar Association Section on Business Law (NBA-SBL) in Lagos, experts…

The Tin Can Island Port Command of the Nigeria Customs Service (NCS) has achieved remarkable growth in non-oil exports during…

Unaudited results for Q2 2023 show Unilever Nigeria’s pre-tax profits fell by 72.95% to N169.9 million, with an operating loss…

The Nigeria Data Protection Commission (NDPC) has directed banks, telecom operators, educational institutions, government parastatals, and other organizations handling data…

AgroFresh Solutions, a global AgTech innovator specializing in post-harvest produce freshness, has announced the acquisition of Tessara, a post-harvest solutions…

Scatec’s subsidiary, Release, has signed an agreement with Climate Fund Managers (CFM) to raise USD 102 million in funding. Release,…