Business Report

The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39...

There was palpable tension in some parts of Lagos on Monday as a number of fuel stations were shut over...

Rail transport recorded an increase of 8.8 per cent, Year-on-Year, YoY to N6.05 billion from N5.56 billion in 2022. The...

The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42...

In the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the...

The Nigerian Security and Civil Defence Corps (NSCDC) Commandant General’s Special Intelligence Squad has uncovered a massive illegal oil refining...

The naira yesterday appreciated to N1,350 per dollar in the parallel market from N1,430 per dollar on Monday. Similarly, the...

The governments of Nigeria’s 36 states and the Federal Capital Territory owe the federal government an outstanding liability of N1.72tn...

Recently, the Central Bank of Nigeria (CBN) released draft revised guidelines that will help bolster the regulation of Bureau De...

Some residents of the Federal Capital Territory, Abuja and some areas in Kogi State are currently experiencing power outages due...