Business

The scramble for rice by suppliers recruited by the federal and state governments is partly responsible for the spike in the prices of the commodity, multiple sources have told Daily Trust. Traders in markets in…

Ardova Plc, a prominent Nigerian integrated energy company listed on the…

The naira is in free fall once again after a $3 billion loan secured by state-oil company NNPCL that was supposed to inject…

… commends Group for critical infrastructure provision It was a night of accolades for Africa’s foremost business conglomerate, Dangote…

The Nigeria Customs Service (NCS) says it has commenced the implementation of value-added tax (VAT) on automobile gas oil (AGO), also known as diesel,…

Crude oil theft may have cost the country a whopping N1.9tn revenue loss in July, according to analysis by The PUNCH. The estimation was arrived at following a pronouncement by the National Security Adviser, Nuhu…

The Nigerian capital market received a wave of euphoria at the close of Tuesday’s trading, with the All-Share Index (ASI) of the Nigerian Exchange Limited…

…as CSO, diabetes patients advocate subsidized diabetes healthcare In a bid to combat the rising public health concerns associated with excessive sugar consumption, the Federal Ministry of Health has expressed…

Shareholders have lamented the rising unclaimed dividends in the capital market currently put at N190 billion, stating that unless the…

Contrary to reports that the currency swap agreement with China has expired, the Central Bank of Nigeria on Monday, disclosed…

Foreign investment in Nigerian stocks fell last month to its lowest level since President Bola Tinubu’s reforms that sparked…

…..says Nigeria’s price is in line with or lower than prices across the West African coast. Management of Dangote…

For the second year running, leading financial institution, Fidelity Bank Plc, has emerged the company…

First City Monument Bank (FCMB) and Tulsi Chanrai Foundation (TCF) have restored the sight of over 2,000 visually impaired people in Kebbi State, Nigeria. The beneficiaries…

The Securities and Exchange Commission (SEC), at the weekend, backed the Nigerian Exchange Limited (NGX)’s…

Some financial experts have advised that only accelerated productivity can strengthen the Naira. This is coming as Nigerians continue to decry the unending depreciation of the Naira in spite of monetary policy…

Tony Elumelu, founder of the Tony Elumelu Foundation (TEF), has called for investments in Nigeria’s power sector. He spoke on Sunday in Abuja at the Nigerian Bar Association (NBA) annual general conference.…

Communications and Digital Economy Minister, Dr Bosun Tijani, has disclosed that the Federal Government has secured $500 billion loan for local funding programme. This initiative, he said, is aimed at boosting…

The Federal Inland Revenue Service (FIRS) says from September 1, 2023, 7.5 percent value added tax (VAT) will be charged on items…

Faced with the problems of rising production costs, multiple taxation, reduced profit margins, supply chain disruptions and reduction in consumer spending, Nigerian manufacturers have raised the alarm that the rising…

Russia’s invasion of Ukraine and intensified United States (US)–China competition have had two important geostrategic consequences. They…

Dutch multinational Heineken, the world’s second-largest brewer, has finalised its exit from the Russian market, the company announced on Friday. According to a statement on the company’s website, its assets have…

The Securities and Exchange Commission (SEC) says the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion. Lamido Yuguda, SEC’s director-general, said this at the second…

The Nigerian Export Promotion Council (NEPC) has said the country generated $2.5 billion from non-oil…