Business News

The Minister of Works, David Umahi, has given Julius Berger a final seven-day ultimatum to accept the Federal Government’s offer of N740.79bn for the completion of the 82km section II...

The World Bank has listed a series of macroeconomic policy missteps executed by fiscal and monetary authorities between 2015 and 2023 that pushed Nigeria’s inflation to a 28-year high. In...

The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the apex bank is addressing the long outstanding balance from the $7 billion foreign exchange transaction...

The World Bank has ranked Nigeria 5th worldwide in food insecurity and third in Africa, behind Malawi and Liberia as the nation was among the top 10 countries most severely...

A new bill proposed has required Nigerians engaged in banking, insurance, stock-broking, or other financial services to provide a Tax Identification Number serving as precondition for opening a new account...

A Federal High Court in Abuja has rejected the fresh bail application by detained Binance executive Tigran Gambaryan.Justice Emeka Nwite made the decision during his ruling on October 11, 2024....

The Nigerian National Petroleum Company Limited (NNPC Ltd) has on Wednesday, October 9, 2024, increased the price of Premium Motor Spirit (PMS) to at least between N988 to N1,075 depending...