Business

In a world where economic instability and financial uncertainty are on the rise, the search for innovative tools to drive business growth has never been more crucial. Startups, especially in…

The United Bank for Africa (UBA) Plc has unveiled its ambitious N239.4 billion Rights Issue, a strategic move aimed at bolstering its digital infrastructure, expanding operations across Africa and beyond,…

The Federal Government of Nigeria is taking decisive action to combat rising food inflation by empowering 500,000 local rice farmers under the National Agricultural Growth Scheme—Agro Pocket (NAGS-AP) initiative. This…

By Elizabeth Adegbesan Food inflation in Nigeria is on the brink of surpassing 40%, as the latest report from the National Bureau of Statistics (NBS) indicates a continued rise in…

Nigeria’s deep-water oil and gas sector presents one of the most promising opportunities for achieving the country’s ambitious production target of over 2.4 million barrels per day, but this goal…

Vitafoam Nigeria PLC has announced a proposed dividend of N1.05 per share, totaling N1.375 billion. The dividend awaits approval at the company’s 63rd Annual General Meeting, scheduled for March 6,…

In a major milestone for Nigeria’s energy sector, the Dangote Refinery has commenced the export of Premium Motor Spirit (PMS), commonly known as petrol, to Cameroon, Angola, Ghana, and South…

The Nigerian Senate has reaffirmed its commitment to ensuring adequate funding for the Fiscal Responsibility Commission (FRC) and other government watchdog agencies, emphasizing the critical role these institutions play in…

Dangote Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit, commonly known as petrol, lowering it from ₦950 to ₦890 per litre. The decision, which took…

Economic analysts project that Nigeria’s trade surplus and foreign portfolio investment (FPI) inflows will persist into Q4 2024 and early 2025, driven by the weakened Naira, robust global demand for…