Business

Panic buying by federal government agencies, multi-nationals and merchants from neighbouring countries is partly responsible for the hike in prices of…

The Rice Farmers Association of Nigeria in Bida on Wednesday agreed to partner with the Central Bank Nigeria to reduce the market price of rice. Coordinator, RIFAN and CBN…

MTN Group, a telecommunications company, says plans are underway to diversify shareholding in its Nigerian unit to local retail investors. Karl Toriola, MTN Nigeria CEO,…

China’s technology giants have seen a combined $823bn wiped from their market value since a February peak as the Xi Jinping-led government expands its crackdown, fueling…

MultiChoice Nigeria says it has not received any notification from the Federal Inland Revenue Service (FIRS) over alleged tax evasion. FIRS, on Thursday morning, announced…

With the rapid growth of digitisation today, technology seems to easily transform lives, especially in marginalised communities where resources are often limited. As a software engineer and tester, I have seen firsthand how our work can…

• Nigerians stake $398.5m on two exchanges in one year • Transactions increase by 50 per cent since CBN restriction • Dip throwing more people into financial crisis •…

The Federal Inland Revenue Service has raked in over N650 billion in June 2021, the highest revenue realised in a single month since the COVID-19 pandemic started and…

The Assets Management Company of Nigeria (AMCON) said it has over N1.4 billion promissory notes offered by bank debtors who failed to pay back the creditor…

Jeff Bezos, the world’s richest person, has officially stepped down as the chief executive officer (CEO) of Amazon, a global online shopping platform. Bezos had announced in…

* How He Used His Connection With Late NNPC Boss, Baru, to Advantage * The 37-year-old’s love for his private jet, jewelry and Savile…

To bring an end to the incessant breakdown of trucks on the access roads to the ports, the Nigerian Ports Authority (NPA) has mandated the implementation of Minimum Safety…

The price of Brent, Monday, rose to $77.16 from $76.10 per barrel, in the international market, following the indefinite postponement of the much-expected meeting of the…

The fear of how much a naira exchanges for dollar dominated the business environment in the first half of this year. With the local currency closing the first half of the year…

Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum Industry Bill passed by the National Assembly…

Ahead of the completion of the Dangote Oil Refinery, the Major Oil Marketers Association of Nigeria (MOMAN) has expressed an intention to engage the…

Aimed at attracting foreign investments to France, the Choose France Summit held in Versailles, June 28, was of a different hue this time. It saw…

The Chief Executive Officer of Dangote Group of Companies, Alhaji Aliko Dangote, on Friday, appealed to the Nigerian Navy to mobilise its…

Ecobank Nigeria Limited has asked the Federal High Court in Lagos for leave to take over all the assets of Honeywell Group, owned by Oba Otudeko, over an alleged…

The largest shareholder and Chairman of Nigeria’s second largest publicly listed manufacturing company, BUA Cement Plc, Abdul Samad Rabiu, has announced a share bonus…

MYSTERY surrounds the fate of Bitcoin billionaire Mircea Popescu amid reports he drowned off the coast of Costa Rica. The unconfirmed death of the controversial…

The Naira has failed to appreciate as the United States dollar sells for N500+ with traders and experts calling on the federal government to…

Group Managing Director of the Nigerian National Petroleum Corporation, Melee Kyari, says African billionaire and business…

Banks have commenced engagement with the Nigerian National Petroleum Corporation (NNPC) on how to lend the Corporation loan to acquire equity 20 per equity…