Business & Economy

Private school operators in Edo State, organized under the Coalition of Associations of Private Schools, held a peaceful demonstration in Benin City on Friday to protest a reported sharp rise...

Nigeria’s crude oil output has plummeted to an unprecedented low, coinciding with the appointment of Ibas as Rivers State Administrator.The decline comes amid fears that unrest and opposition sparked by...

Concerns about PCEX and its business practices have emerged following recent online debates and an increase in user evaluations. Some investors claim that the platform has been experiencing issues with...

Speaking at a media interview, Ahunna Eziakonwa, the United Nations Assistant Secretary General and United Nations Development Programme (UNDP) Regional Director for Africa, asserts that the United States' newly announced...

China announced it would increase its tariffs on American goods by a substantial margin (125%). However, they also stated that they will disregard any further increases from Trump because they...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) applauded the decision by the Federal Executive Council to maintain the Naira-for-Crude trade policy, noting that it may unlock new...

Nigeria’s electricity regulator, the Nigerian Electricity Regulatory Commission (NERC), has imposed fines totaling N628.03 million on eight power distribution companies—Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola—for flouting rules...

During a meeting in Abuja with Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, APM Terminals (APMT), represented by CFO Peter Wikstrom, announced a $500 million investment to enhance...

MTN Group intends to reduce its stake in Nigerian subsidiary MTN Nigeria from 76% to 65%, which is expected to enhance local investor participation through public offering after the subsidiary...

The federal government of Nigeria has signed a contract worth $328.8 million with China Machinery Engineering Corporation (CMEC) for the reconstruction and expansion of the nation’s electricity transmission infrastructure as...