Business

The recent restoration of petroleum products refining capacity to the Nigerian domestic market is a significant milestone, marking the country’s

Nigeria’s Purchasing Managers’ Index (PMI) has rebounded in December 2024, led by services and agriculture, indicating a return to economic

Despite the naira’s significant depreciation, Nigerians have increased their spending on foreign education and health services. According to data from

The Central Bank of Nigeria (CBN) has pledged to address the widespread commoditization of Naira notes, where the national currency

The Corporate Affairs Commission (CAC) has revealed that only 100,000 Point of Sale (POS) operators have officially registered their businesses

The Organisation of the Petroleum Exporting Countries (OPEC) has reported that the Dangote Petroleum Refinery has reduced pressure on European

Crude oil production in Abia State has witnessed a significant surge, jumping from 8,000-10,000 barrels per day to 32,000 barrels

The price of petrol is set to increase as depot owners have raised the price to N950/litre, representing a 4.74%

The National Bureau of Statistics (NBS) has announced that it will include illegal and hidden activities in the calculation of

FBN Holdings Plc has reiterated its commitment to good corporate governance, despite receiving a call for an Extraordinary General Meeting

The Central Bank of Nigeria (CBN) has suspended the extension of export proceeds by banks on behalf of exporters. This

The Federal Government has announced plans to collaborate with China in domesticating the production of military equipment in Nigeria. This

The National Association of Government Approved Freight Forwarders (NAGAFF) has expressed concerns about Nigeria’s readiness to participate effectively in the

According to Taiwo Oyedele, the proposed VAT reform will actually reduce the cost of manufacturing, not increase it. Oyedele clarified

The recent drop in petrol prices has been attributed to the fierce competition between Dangote Refinery and NNPC Limited, Nigeria’s

Jaiz Bank has announced the successful listing of N10.04 billion proceeds from its private placement on the Nigerian Exchange Group