Business

• 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…

As banks in Nigeria bring in new money to meet the capital raise ordered by its regulator, the Central Bank of Nigeria (CBN), the Financial…

Nigeria’s government is offering two new Savings Bonds through its Debt Management Office. The first one is a…

Some banks risk disconnection by telecom operators over their failure to comply with a directive of the Nigerian Communications Commission (NCC) to repay the N250 billion Unstructured Supplementary Service…

There is uneasy calm over the omission of the Lagos-Calabar Coastal Road from the 2025 budget proposal presented to the National Assembly recently by President Bola Ahmed Tinubu, Daily Trust can report.…

Nova Commercial Bank has petitioned the Federal High Court sitting in Lagos to grant an order winding up Sunrise Products Ltd for failure to…

Nigerian banks are in a tango with the Federal Inland Revenue Service (FIRS) over how much should be paid in a one-off foreign exchange windfall tax, two weeks after an initial deadline elapsed. President Bola…

The Chairman of First Bank Holdings, Chief Femi Otedola, has revealed what the Publisher of Thisday Newspaper, Nduka…

With less than 15 months to recapitalisation deadline, banks have stepped up preliminary consultations on the prospect of business combinations. The ongoing recapitalisation is heading down to more competitive…

The Lagos State Internal Revenue Service (LIRS) has given employers in Lagos State January 31 to fulfill their statutory obligation to file annual tax…

The Chief Executive Office, of Landmark Africa Group, Paul Onwuanibe, has disclosed that the company paid over N10bn in taxes a year before the demolition of parts of its premises as a result of the construction of…