Business

“The Group entered into a securities lending agreement with Goldman Sachs and J. P. Morgan and…

The Central Bank of Nigeria (CBN), yesterday, released the 2022 audited financial statement, showing a profit of…

Hours after reports that the price of liquified natural gas, also known as cooking gas, will increase in the coming days, the retail price of the commodity has risen…

• As market capitalisation rises further by N565b The struggle to control assets…

There appears to be light at the end of the tunnel for Nigeria’s foreign exchange crisis, as fresh data now shows a rise in FX inflows into…

Retail sales of beauty and personal care products in Nigeria surged to the highest level in at least 15 years despite the country’s mounting…

MTN Nigeria has announced that it has obtained the approval of the Securities and Exchange Commission for the registration of the ordinary shares to allow the company to issue dividends as shares to 5,192…

Following the recent hike of the Premium Motor Spirit (PMS), also known as Petrol or fuel after the removal of the subsidy by…

The Central Bank of Nigeria (CBN), on Thursday, attributed continuous fall of Naira against dollars to present unofficial diaspora remittances. The acting governor of the apex bank, Folashodun Shonubi, stated this…

Economic experts have stated the importance of clarity and transparency in Nigeria’s foreign exchange market , to stem exchange rate volatility and engender its stability to restore confidence to the economy. They…

The naira fell to an all-time low of N950 to a single dollar at the parallel market on Thursday afternoon. The figure represents a N53 or 5.9 percent depreciation compared to the earlier this week. Bureaux De Change…

The naira plunged to a record low of N925/$1 on the parallel market on Wednesday as demand for foreign currency outstripped supply. This is…

Indications emerged yesterday that the controversy over the recent emergence of prolific investor, Oba Otudeko, becoming the largest…

Despite the steady rise in inflation, Nigeria is still doing better than most African countries, the Central Bank of…

Accounts and assets belonging to businessman and Seplat co-founder, Dr. ABC Orjiako has been frozen by a Federal…

The majority shareholders of Nigeria’s largest local oil and gas producer Seplat Energy have dismissed calls by a rebel group…

While commuters in Lagos State are breathing a sigh of relief as traffic congestion has eased in recent weeks on the back of petrol price hike, business activity has…

MultiChoice has terminated DStv services in Malawi following a pricing row with Malawi Communications Regulatory Authority…

Taiwo Oyedele-led Presidential fiscal policy and tax reform Committee has called for the suspension of the value-added tax on diesel,…

Tougher times are ahead of gas consumers, as marketers have hinted that prices will go up next week. The President of the Nigerian Association of Liquefied Petroleum Gas Marketers,  Olatunbosun Oladapo, said gas…

The naira plunged to a record low of N925/$1 on the parallel market on Wednesday as demand for foreign currency outstripped supply. This is the aftermath of liberalising the foreign exchange regime, which is a…

The exchange rate between the naira and dollar plummeted to as low as N910/$1 on the parallel market. Operators who spoke to Nairametrics quoted rates as high as N910/$1 on Wednesday as they continue to cite higher…

The Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of the Federal Government will stop direct collection of…

The Central Bank of Nigeria (CBN) has stated that the 3.2 per cent growth projection by the International Monetary Fund (IMF) is not enough…