Business

The Manufacturers Association of Nigeria has called on the Central Bank of Nigeria to settle the $2.4bn foreign exchange forward contracts to prevent plunging the manufacturing sector into a …

Owners of refineries in Nigeria have said that the country cannot continue to keep the businesses of fuel importers anymore, stating that Nigeria should be talking about fuel export …

The Securities and Exchange Commission is set to unveil its vision for the Nigerian capital market at the Second Capital Market Committee Meeting. A statement by the SEC made …

Neimeth International Pharmaceuticals Plc grew its post-tax profit by 144 per cent to N198.2m in the first half of 2024. Gross profit rose by 211 per cent to N933.9m, …

The proposed cost of N279bn for the Second Niger Bridge Bypass by Julius Berger Plc is excessively high, the Federal Government has declared, rejecting the proposal. It declared this …

The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has stated that his $20bn Dangote Petroleum Refinery was built to use Nigerian crude and add value to …

The Central Bank of Nigeria has revealed that the net foreign exchange flows into the country increased to $25.4bn in the first six months of 2024, marking a 55 …

The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, …

The Nigerian equities market sustained its positive trend on Thursday as investors gained N577 billion at the close of the day’s trading. This followed an increase in the share prices …

The Federal Government has lifted the suspension of Arik Air’s operations. In July, the Nigerian Airspace Management Authority (NAMA) grounded Arik Air operations over its alleged failure to pay a …