Business

The equities market began the week in the red zone on the floor of the Nigerian Exchange Group (NGX) as investors lost N448bn on Monday, October 28, 2024. This followed …

Domestic airfare for a single journey on specified routes in Nigeria increased to N124,693.40 in September 2024 up from the N79,013.48 recorded in the corresponding period in 2023. This represents …

Transnational Corporation Plc has announced the successful completion of its share capital reconstruction, reducing its total issued shares by 75 per cent from N40.6bn to N10.2bn. The President of …

Ride-hailing company, Lyft, has agreed to pay a $2.1 million civil fine in order to resolve allegations from the United States Federal Trade Commission that it deceived potential drivers about …

Dangote Cement Plc on Sunday, announced a significant investment of over $280 million in compressed natural gas (CNG) trucks, technology and infrastructure. This move is part of the company’s long-term …

The Nigeria Labour Congress (NLC) has slammed the International Monetary Fund (IMF) for being insincere in its denial of involvement in Nigeria’s subsidy removal. This is even as the labour …

Investors in the Nigerian equities market experienced a boom this last trading week gaining N801 billion on the floor of the Nigerian Exchange Group (NGX) as equity capitalization crossed the …

Nigeria’s harsh economy has dealt a huge blow to the financial activities of the management of Caverton Offshore Support Group leading to a huge foreign exchange loss for the …

Banking stocks on the Nigerian Exchange Limited recorded a market capitalization of N7.91 trillion at the close of trading on Friday. This comes as a second group of banks …

Nigeria exported N123.3tn worth of crude oil between 2013 and 2022, a report on international shipping trade by the Nigerian Maritime Administration and Safety Agency showed. The report titled, …