Business

The Asset Management Corporation of Nigeria says it is determined to recover N227 billion debt from Arik Air. Head, Corporate Communications of AMCON,…

...Set to reward 131 Nigerians in first monthly draw of 2025* Wema Bank, Nigeria's foremost innovative bank and pioneer…

The pump prices of Premium Motor Spirit, popularly called petrol, have risen to between N1,050 and N1,150/litre depending on the area of purchase, following the hike in the cost of the commodity by the Dangote…

The US Supreme Court on Friday upheld a law that will ban TikTok in the United States, potentially denying the video-sharing app to 170…

Sequel to a consistent surge in the price of Brent, the global benchmark for crude, the Dangote Petroleum Refinery has communicated an upward adjustment in the price of Premium Motor Spirit, also known as petrol,…

Says FG’s reforms improved business confidence The World Bank yesterday projected 3.6 per cent average economic growth  for the Nigerian economy between 2025 and 2026, adding that recent reforms by the Federal…

Oba Otudeko, a former chairman of the First Bank of Nigeria (FBN), has suddenly left Nigeria, TheCable understands. His departure…

•Says no plan to return to board Industrialists and Founder/Chairman, Honeywell Group, Oba Otudeko, yesterday clarified that he has never served in an executive capacity within FBN Holdings Plc and its banking…

•Facility now producing 500,000bpd as officials look beyond Nigeria to meet demand for product The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum…

The crisis that engulfed the foreign airlines’ trapped funds in Nigeria in the past years has…

• Marketers optimistic as NUPRC insists theft dropped by 40%• PENGASSAN proposes $200b budget for economic growth• Makes case for intellectuals to curtail grid collapse The Federal Government has disclosed…

… for competitive pump price Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery,…

A fresh report by the Organisation of Petroleum Exporting Countries has shown that the Dangote refinery’s production of petrol…

Nigeria’s food inflation rate hit 39.84 percent in December 2024, a 5.91 percent increase from the 33.93 percent recorded in December 2023, according to the latest report by the National Bureau of Statistics (NBS).…

Nigeria’s oil output has seen a significant increase, rising by 6.3% to reach 1.507 million barrels per day, according to the just-released…

Nigeria’s foreign exchange (FX) reserves have recorded a notable decline, shedding $359.81 million…

First City Monument Bank (FCMB) is pleased to announce the appointment of Felicia Obozuwa as Executive…

THE Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, hinted Wednesday that the tariff hike to be approved by the Nigerian…

The National Bureau of Statistics says Nigeria’s inflation rate was 34.80 percent in December — up from 33.60 percent in November. The data is…

THE Independent Marketers Association of Nigeria, IPMAN, said it has shifted loyalty to the Dangote Petroleum Refinery as the depot price of Premium Motor Spirit, PMS, also known as petrol rose by 4.7 per cent to N950 per…

The Nigerian Navy has arrested and detained an Oil Vessel belonging to General Hydrocarbons Limited, a company owned by Nduka Obaigbena, the Chairman of Thisday Newspapers and Arise Television. This development is…

The United States Securities and Exchange Commission has sued the world’s richest man, Elon Musk, arguing that his purchase of Twitter shares in 2022 was carried out with violations, the regulator said in a filing…

Telecommunications operators in Nigeria earned N5.3 trillion in revenue from their service offerings in the country in 2023. The Nigerian Communications…

Nigeria’s crude oil revenue rose to about N50.88tn in 2024, findings by The PUNCH revealed. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal Government, confirmed that…