Business

Nestlé, the world’s largest packaged food company, has once again proven its resilience by surpassing sales forecasts, delivering stronger-than-expected revenue growth in 2024. However, while the Swiss multinational has managed…

The Dangote Refinery has officially commenced gasoline export, marking a major milestone in Nigeria’s oil and gas sector. This development, confirmed by company executives on Monday, signals Nigeria’s transition from…

MTN Nigeria has officially increased its data plan prices, a move that follows the Nigerian Communications Commission’s (NCC) approval of a 50% hike in telecom service costs. This marks the…

A storm is brewing over Nigeria’s oil sector as the Conference of Progressive Nigerians (CPN) has issued a stern warning to the Nigerian National Petroleum Company Limited (NNPCL), cautioning against…

The Federal Capital Territory Administration (FCTA) has taken a bold step towards modernizing its revenue collection system by approving a substantial N242.8 million for the procurement of a Microsoft 365…

The Kenyan shilling remained steady against the U.S. dollar on Tuesday, holding firm at 128.90/129.40 per dollar—the same rate as the previous day. This stability has drawn attention from financial…

The Central Bank of Nigeria (CBN) has intensified its efforts to tackle the illegal trade of naira notes, imposing a hefty fine of ₦150 million on Deposit Money Banks (DMBs)…

The Nigerian stock market has achieved a remarkable feat in 2024, closing with a striking 37.65% gain. The All-Share Index surged, fueled by substantial growth in mid and large-cap stocks.…

A growing number of civil servants across Nigeria have begun to skip work as escalating transportation costs continue to outpace the new minimum wage, sparking concerns about the impact on…

Oil marketers in Nigeria are raising alarm over the frequent fluctuations in fuel prices, warning that the instability is pushing many businesses toward collapse. The ongoing price war between Dangote…