Business & Economy

In a decisive move to safeguard Nigerian consumers and uphold market integrity, the Standards Organisation of Nigeria (SON) has destroyed a cache of substandard imported goods, including tyres, electrical cables,...

In a significant step toward de-escalating the prolonged trade tensions between the world’s two largest economies, China has announced it will suspend export controls and sanctions on U.S. entities, marking...

Iceland, the UK's popular frozen food retailer, is trending across British search engines today following the announcement of fresh store closures. Despite previously announcing ambitious expansion plans, the company has...

In a significant step toward advancing Nigeria’s energy security and economic development, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, hosted a...

At the inauguration of a 2.5-megawatt solar hybrid power project at the Nigerian Defence Academy (NDA) in Kaduna State, Minister of Power Adebayo Adelabu delivered a sobering assessment of Nigeria’s...

In a bold step toward transforming Nigeria’s marine and blue economy into a cornerstone of national development, Minister of Marine and Blue Economy Adegboyega Oyetola, on Tuesday, formalized performance bonds...

The Equipment Leasing Association of Nigeria (ELAN) has unveiled a stellar performance for the Nigerian leasing industry in 2024, reporting a remarkable 23.2% growth in transaction volume, reaching N5.16 trillion...

In a transformative step toward financial inclusion and economic integration, the Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), officially launched the Non-Resident Bank...

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a comprehensive new initiative aimed at significantly expanding employment opportunities across Nigeria's vital micro, small, and medium enterprises...

In a move signaling continued economic pressure on Tehran, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions on Tuesday, targeting over 20 companies accused of facilitating...