Business & Economy

The Nigerian Navy has reported that it seized more than 1,300 bags of foreign parboiled rice during an operation in the Majidun area of Ikorodu West Local Government, Lagos State....

Ultimate Health, a health insurance organization, has unveiled a new diaspora-focused insurance product designed to enhance healthcare accessibility in Nigeria. In a statement, the company’s managing director and CEO, Lekan...

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members employed by Newcross Exploration and Production Company, operator of Oil Mining Lease (OML) 24 in...

Access Holdings Plc revealed an audited financial report with pre-tax profit set at ₦867.019 billion in 2024, a jump from the prior year's 2023 profit of ₦729.001 billion, marking a...

Nigeria faces a potential blow to its crude oil revenue as Indonesia, a key importer, announced plans to reduce purchases from foreign suppliers while boosting imports of U.S. crude oil...

Nigeria's Securities and Exchange Commission has renewed its caution to citizens, declaring that all investment and digital asset platforms not registered with the commission are operating unlawfully. This advice follows...

Temitola Adekunle Johnson, special adviser to the president on job creation and MSMEs, announced that the federal government plans to launch a de-risking fund in May targeted at making loans...

At the 36th CBN Seminar for Finance Correspondents and Business Editors in Abuja yesterday, the Deputy Governor of Corporate Services of the bank, Emem Usoro, represented by the Acting Director...

Adegboyega Oyetola, Nigeria's Minister of Marine and Blue Economy, has instructed the Nigerian Maritime Administration and Safety Agency (NIMASA) to initiate procedures aimed at finally disbursing the long-awaited Cabotage Vessel...

Over the past week, the exchange rate of the US dollar to Nigerian nairas has not been stable. The US dollar rate is ₦1,604.4809, as announced by the Central Bank...