BUSINESS

A new report has shown that despite the country’s struggling economy, Nigerians are currently paying more at the pumps for petrol than some other more developed oil-producing nations of the world.Although the country ranks 22nd in […]

The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of directors for Kaduna Electricity Distribution Company (KAEDC) over its inability to pay N110bn debt… The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board […]

Globacom subscribers may be unable to make calls to MTN lines soon, the Nigerian Communications Commission (NCC), has said. This, the NCC said, is due… Globacom subscribers may be unable to make calls to MTN […]

Aliko Dangote has reclaimed his position as the richest person in Africa, according to Forbes Real-Time Billionaires. The ranking, which provides ongoing updates on the net worth and ranking of each individual confirmed to be […]

The Central Bank of Nigeria (CBN) says it has disbursed approximately $61.64 million to foreign airlines through various banks.This is in fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in […]

The Bank of Industry (BOI) was honoured with two SERAS Awards at the recently concluded Sustainability, Enterprise and Responsibility Awards also known as the SERAS CSR Awards. BOI was awarded the ‘Best Company in Financial […]

Stock Market records largest turnover in 3 yearsTransactions by foreign investors at the Nigerian market have doubled to the highest level in three years.Latest report on Foreign Portfolio Investments (FPIs) obtained by The Nation at the weekend indicated […]

James Emejo in AbujaThe President, Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has called on the administration of President Bola Tinubu, to facilitate improved access to affordable credit for small and medium-sized […]

The Federal Government has signed a Memorandum of Understanding with Saudi Arabia in a move to solidify seamless Hajj in 2024.The MoU was signed in Jeddah on Sunday in the presence of Nigeria’s Foreign Affairs […]

The Lagos State Government has said it is working towards completing 15 jetties to add to the existing ones in the state to boost water transportation.The Commissioner for Information and Strategy, Mr. Gbenga Omotoso, during […]