Business

...As Bank proposes N3 final dividend …Full year profit rises to N766.568bn Tony Elumelu, chairman of United Bank for Africa Plc,…

The Dangote Petroleum Refinery and some modular refineries in Nigeria may spend about $8.56bn to import an estimated 122,400,000 barrels of crude oil to achieve full operational capacity in six months, The PUNCH…

Tier-one lender, Fidelity Bank Plc, has hosted a training program for entrepreneurs interested…

Nigerian Deposit Money banks accessed more than N9 trillion to fund operations as the liquidity shortage bit last week. The financial system came under liquidity pressures in the absence of significant inflows…

The Federal Government subsidized electricity with N471.69 billion in the fourth quarter of 2024 (Q4 2024), according to the Nigerian Electricity Regulatory Commission (NERC). It represented 57 per cent of the…

U.S. jet fuel imports are set to hit a two-year high in March after Nigeria's Dangote refinery pushed barrels to North America, which…

Olori Ivie Atuwatse III, the queen of the Olu of Warri, His Majesty, Ogiame Atuwatse III, says she found a way to manage her husband’s distinctive and impressive style of doing things. “We’ve been able…

Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and…

The ongoing dispute over the ownership and control of Emerging Markets Telecommunication Service, EMTS, which is the…

Nigeria’s fragile economic recovery now faces an unexpected threat. Not from global headwinds or weak oil…

Nigeria’s manufacturers are counting their losses to the drastic macroeconomic changes being executed by the Federal Government, FG. A key element of the difficulties has shown up in cost of sales with leading…

Save the Consumers, a Nigeria-based Non-Governmental Organisation, has condemned the recent 21 per cent price increase imposed…

Despite declining inflation rates which have led to a drop in rates of most money market instruments, many analysts recommend Money Market Funds as a good buy for investors.…

The Securities and Exchange Commission (SEC) says there is no hiding place for violators in the country’s capital market. The director-general of SEC, Emomotimi Agama, gave the warning in a notice to operators on…

The National Publicity Secretary of the Independent Petroleum Marketers of Nigeria (IPMAN) Chinedu Ukadike has said that petrol marketers may be forced to retail petroleum products in dollars following the decision of…

Motorists appear to be eager to part ways with their Tesla vehicles, with Tesla trade-ins reaching a record high this month,…

FCMB Group Plc, a leading financial services holding company, has launched a new thematic campaign, The Power of the Group. At the heart of this campaign is a simple…

Once the heartbeat of Nigeria’s manufacturing sector, Kano State has suffered a dramatic industrial…

The appetite for Nigeria’s one-year Treasury bills has been on a steady decline, despite the Central Bank of…

There’s an old saying: no king reigns forever. In Lagos, Aswani Tuesday Market was once king. More than a market, it…

First City Monument Bank (FCMB) has expanded its footprint by launching a new branch in Ogbomosho. Officials say the move will boost financial inclusion and…

President and Chief Executive, Dangote Industries Limited, Aliko Dangote, has urged young entrepreneurs and scholars to rise…

Air Peace said it will grant N600,000 reduction in airfares to travellers who connect from cities across Nigeria to London with one additional piece of luggage. In a statement signed by the Head of Corporate…

The naira appreciated by 0.16 per cent to 1530.52/$ from 1532.93/$ in the previous trading session on the Nigerian Foreign Exchange Market at the close of trading on Wednesday. Data from the Central Bank of Nigeria…