Business & Economy

UK Finance Minister Rachel Reeves announced plans to cut government operational costs by 15 percent within four years as she grapples with strained public finances. Her comments came ahead of...

Nigeria remains open to cryptocurrency companies despite its ongoing $80 billion lawsuit against Binance, according to Information Minister Mohammed Idris. The government sued Binance in February over alleged economic losses...

The naira recorded a slight appreciation of 0.16 percent to 1530.52/$ from 1532.93/$ in the previous trading session on the Nigerian Foreign Exchange Market at the close of trading on...

Dangote Refinery has announced a temporary suspension of petroleum products to the domestic market in Naira, following the failure of the Federal Government to renew the crude-for-Naira deal, the company...

Nigeria and Brazil have officially signed the commercial phase of the $1.1 billion Green Imperative Project (GIP) deal as part of measures to ensure food security in Nigeria. According to a...

Billionaire businessman Aliko Dangote has announced plans to build a seaport and expand cement production in Ogun State. He revealed this during a meeting with the Ogun State officials on Monday. Dangote told...

The Naira on Monday appreciated to N1, 590 per dollar in the parallel market from N1,600 per dollar last weekend. However, the Naira weakened to N1,549 per dollar in the Nigerian Foreign...

MTN Nigeria's service revenue grew by 35.6% in March 2025 following tariff adjustments implemented in February. According to a report by its group office in South Africa on Monday, also...

TAJBank, a leading non-interest bank in Nigeria, is finalizing plans to raise the sum of N20 billion Mudarabah Sukuk Bond to beef up its Additional Tier 1 capital with the aim...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has dismissed claims that it opposed the recent reduction in Premium Motor Spirit (petrol) prices by Dangote Refinery and the Nigerian National...