Business

Naira Crisis: Farmers Lose N30bn, Resort to Trade by Barter -  AFARN The All Farmers Association of Nigeria has disclosed that Many farmers, particularly those...

Power: Govt, Investors to Build 1,000 mini-grids Nationwide The Federal Government in partnership with private sector investors, commenced moves to deploy 1,000 mini-grids to electrify...

FG Vows to Sanction Oil Marketers Over Poor Management The Federal Government has raised the alarm over the rising cases of deadly incidents in filling...

UN Says 64.3million Nigerians Lack Adequate Food - Report The World Food Programme, an organisation within the United Nations, has revealed that thirty-two per cent...

Oil Exploration: NNPCL To Boost Reserves To 50 Billion Barrels   The ongoing oil exploration in Nigeria’s frontier basins is to grow the country’s crude oil...

Stock Market Depreciates By N341bn Amid Profit-taking   The profit-taking continued to dominate the stock market of the Nigerian Exchange Limited (NGX) as the capitalisation down...

CBN Bars Banks, Financial Institutions Seeking Upgrade From Expansion   The Central Bank of Nigeria (CBN) has barred banks and other financial institutions seeking a conversion...

PENGASSAN To FG: Stop Fuel Subsidy, Revive Refineries   The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Tuesday, called on the Federal...

Subsidy Removal: Incoming Administration to Continue Palliative Struggle - FG The Minister of Labour and Employment, Dr Chris Ngige, has observed that the incoming administration...

FG Stops NLC’s Planned Nationwide Strike - Ngige The Minister of Labour and Employment, Dr Chris Ngige, has revealed that he was positive that the...

Outliers Nigeria Becomes Portfolio Company of US Silicon Valley Institute A newly-formed enterprise, Development Outliers Nigeria Limited, has been ranked as the second best startup...

Mobile Subscriptions Witness Surge of 226.84 Million  Mobile subscriptions have risen by 4.61 million to hit 226.84 million in 2022, according to new industry statistics...

Commodity Terms of Trade Declines by 0.55 Basis Point - NBS The National Bureau of Statistics (NBS) said that all commodity terms of trade (ToT)...

Bank Credit to Govt Rises by N28.43tn in Q1 The Central Bank of Nigeria has revealed that banks’ credits to the government rose by N3.77tn...

Ministers, Firms to Account for Over $2.4bn Oil Sale - Reps The House of Representatives’ will on April 11, 2023, grill ministers and other heads...

Stock Market Capitalisation Falls by N622bn At the close of trading on Monday, investors lost N622bn due to sell-offs of some telecoms and banking stocks. The market...

Credit To Private Sector Increase By N212bn In February   The Central Bank of Nigeria (CBN) has disclosed that credit to private sector increased by N212...

Airfares Rise As Foreign Airlines Hike Exchange Rate   International airfares on Nigerian routes have gone up further by over 20 per cent after foreign airlines...

Gombe Retains Top Position As Easiest State For Business - PEBEC   The Presidential Enabling Business Environment Council (PEBEC) has released the second edition of the...

In One Week, Stock Investors Record N13bn Loss   The Nigerian Exchange Limited closed lower last week as investors took stock of the hike in the...