Business News

According to the Central Bank of Nigeria's (CBN) international payment statistics report, federal government debt servicing expenses surged by 39.7% to $3.5 billion in the first nine months of 2024,...

The Economic and Financial Crimes Commission has arraigned two members of a syndicate, Ojobo Joshua and Aliyu Hashim, for allegedly impersonating and attempting to blackmail the Executive Chairman of the...

The National President of IPMAN, Abubakar Shettima, announced this at a press briefing on Monday in Abuja, following a meeting of the association’s National Working Committee. IPMAN (Independent Petroleum Marketers...

The Nigeria Deposit Insurance Corporation (NDIC) has launched a national auction of landed properties and physical assets belonging to the defunct Heritage Bank, marking a critical step towards settling liquidation...

The Nigeria Labour Congress (NLC) has issued a December 1 ultimatum for all state governments to implement the new national minimum wage, citing the worsening economic situation faced by Nigerian...

The Federal Competition and Consumer Protection Commission (FCCPC) has directed electricity distribution companies (DisCos) in Nigeria not to charge their consumers for the replacement of prepaid meters. Executive Vice Chairman/...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of attempting to maintain a monopoly in the country’s downstream petroleum sector. The association made this...