Business

In developing stories, Nestle Nigeria Plc has reported a loss before tax of N104 billion for the year ended 2023 compared to a profit before tax of N71 billion same...

The Central Bank of Nigeria (CBN) yesterday announced a series of interventions to cushion the economy. This includes the resumption of the sale of dollars to Bureau de Change (BDC)...

The naira yesterday again returned to gaining at the parallel market as it appreciated to N1,620/$1. However, the official Nigerian Autonomous Foreign Exchange (NAFEM) deprecated closing yesterday at N1,615.94 signifying...

Nigeria’s equities market saw a down of 0.12 percent in early trading on Tuesday ahead of today’s decisions from the ongoing Monetary Policy Committee meetings following the market’s negative start...

The federal government on Tuesday announced a 24-hour closedown of the Third Mainland Bridge in Lagos state from noon on Wednesday to noon on Thursday. It was made known in a statement...

The Federal Government hinted yesterday that a ban may be slammed on the exportation of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas. This is part of measures to...

In the wake of the ongoing economic reset, and the volatility of the naira, many analysts and economists predict foreseeable new opportunities for rebuilding a new economy if handled properly....

About 24 hours after the Nigerian Employers’ Consultative Association (NECA) advised the federal government to review its floating exchange rate regime to save the country from monetary collapse, the Manufacturers...

The Nigerian Communications Commission (NCC) has put the phased disconnection of Globacom Limited (Glo) on hold for a period of 21 (twenty-one) days from today, 17 January, 2024 after it...

Nigerian Communications Commission (NCC) has said effective application of Information and Communication Technology (ICT) is critical in combating financial crimes by enabling real-time surveillance, regulatory compliance, and secure data processing,...