Business

The Nigerian Naira experienced mixed movements on Monday, appreciating slightly in the parallel market to N1,660 per dollar while depreciating in the official market to N1,550 per dollar. The contrasting…

Wema Bank has unveiled plans to complete its capital-raising efforts with a strategy that involves a Rights Issue and a Special Placement, both set to begin on April 1, 2025.…

BUA Refinery and Petrochemicals has clarified that its refinery project in Akwa Ibom is not 90% complete, as previously reported. The company urged the public to disregard this misleading claim,…

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm…

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…

Former President Olusegun Obasanjo has criticized the Nigerian National Petroleum Company Limited (NNPCL) for disrespecting his office. The criticism follows an open invitation to tour the refurbished Port Harcourt and…

The Nigerian Ports Authority (NPA) has announced plans to implement a 15% increase in its tariffs, marking the first adjustment since 1993. The NPA stated that the move has received…

The Nigerian economy is on the verge of a transformation with the need to rebase the country’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). Dr. Tayo Aduloju, Chairman…

MTN Nigeria has bowed to public pressure and reversed its recent 200% increase in the price of its 15GB data bundle. The telecommunications giant had initially raised the price of…

The National Agricultural Development Fund (NADF) and the Niger State Government have formalized a landmark N5 billion partnership aimed at boosting agriculture and improving food security in the region. The…