Business

Investors in the Nigerian equities market lost N46 billion at the close of trading on Tuesday. This followed the dip in the share prices of stocks like UPL, JOHN HOLT …

The Federal Competition and Consumer Protection Commission (FCCPC) has fined the United States-based social media platforms, Meta and WhatsApp $220 million for discriminatory practices and other offences. The acting Executive …

In a move aimed at curbing rising inflation, the Central Bank of Nigeria (CBN) has raised its benchmark interest rate, the Monetary Policy Rate (MPR), to a record high of …

The Federal Government has reiterated its tough stance on financial institutions failing to comply with the windfall tax on foreign exchange profits made in 2023. This comes as the Minister …

The Minister of State Petroleum Resources [Oil] Heineken Lokpobiri has waded into the ongoing face-off between the Chairman and CEO of Dangote Group, Aliko Dangote and regulatory authorities in the …

The Imo State Government in Nigeria and DIGITAL SME have signed a Memorandum of Understanding to launch a digital skills development initiative aimed at enhancing the state’s digital economy. …

Nigerian Enamelware PLC has reported a post-tax loss of N2.6bn, a 254 per cent decline from the N1.7bn profit recorded the previous year. According to the company’s audited financial …

The Managing Director/Chief Executive Officer of the Niger Delta Development Commission, Dr Samuel Ogbuku, has stated that the commission will only approve projects that will add value to the …

Foreign exchange inflows from International Money Transfer Operators increased by 38.86 per cent to $1.07bn in the first quarter of 2024, from $770.23m recorded in the same period in …

The Honorary Consul of Grenada to Nigeria, Abidemi Sonoiki, has highlighted some areas of opportunity for Nigerian investors in the Caribbean country. Sonoiki, who became the honorary consul in …