Business

Introduction As the festive season approaches, Nigerians can breathe a sigh of relief with Dangote Petroleum Refinery’s latest announcement. In a remarkable move to ease transport costs during the Christmas…

Industry experts predict a significant drop in fuel prices in 2025, with petrol prices potentially falling to as low as N500 per litre. Currently, prices range from N900 to N950…

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…

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…

The Nigerian stock market has achieved a remarkable feat in 2024, closing with a striking 37.65% gain. The All-Share Index surged, fueled by substantial growth in mid and large-cap stocks.…

Experts, policymakers, and stakeholders recently gathered in Abuja for a high-level symposium focused on the future of Nigeria’s oil and gas industry, which has been a key driver of the…

The Dangote Refinery, a 650,000 barrels-per-day (bpd) facility in Lagos, Nigeria, has been described as a “world miracle” by Masahiro Tsuno, Managing Director of Limited, during a recent visit by…

Access Holding Company Plc’s Chairman, Aigboje Aig-Imuokhuede, has expressed strong approval of the Nigerian Exchange Group’s (NGX) digital advancements, particularly following the successful completion of its N351 billion Rights Issue.…

The Trade Union Congress (TUC) of Nigeria has firmly opposed the proposed increase in Value Added Tax (VAT) from the current rate of 7.5% to 10%, with potential increments to…

Nestlé Nigeria Plc has made an early repayment of $20 million in inter-group foreign exchange debt, reflecting the company’s commitment to financial discipline amidst ongoing economic challenges. In a release…