Business

Nigeria is spending a quarter of its 2021 Budget on debt servicing, a trend that has continued for years.

The NBS said it conducted randomly selected verification of prices recorded.

The Ministry of Agriculture says Nigeria spends over $2bn annually on the importation of honey.

Low yields are pushing investors to explore more rewarding investment options.

"Upon completion, we expect a significant improvement in the Plant’s reliability index," Notore says.

Stanbic IBTC says the decision was driven by changes in regulations.

OML 17 has an existing production capacity of 27,000 barrels of oil equivalent per day and estimated 2P Reserves of...

The Insurance Index was the biggest advancer of the five sectorial indices, increasing by 4.14 per cent to 243.75 index...

Reopening Nigeria's borders to trade has failed to, immediately, arrest the inflation and relentless climb in the cost of living.

The knotty legal wrangle is a product of an oil spill incident, half a century old, reaching back to 1970.

The finance minister confirmed the decision to sell some government properties in a document submitted to lawmakers.

Market breadth was significantly positive as 49 equities emerged compared to seven losers.

“As we expand from Nigeria to Ghana and beyond, this funding will be key to our ability to swiftly deploy...

It will help broaden its dominance beyond Nigeria’s most capitalised beverage maker, Nigerian Breweries Plc, where Heineken wields 37.94 per...

ABCON says the new platform, Naijabdcs.com, would provide real-time foreign exchange rates across the country based on market realities

Gains garnered by the likes of Mobil, Flour Mills, BOC Gases, Seplat and Ardova were instrumental in the day’s positive...

The deal has to scale a due diligence hurdle and get the go-ahead of relevant regulatory bodies to go through,...

Mr Kyari says he is hopeful the demand for crude oil will pick up by the end of the year.

Mr Kyari describes the corporation’s 'biggest take away' from the COVID-19 pandemic as three-fold.

The government hopes that taming food prices and the steep cost of doing business will help push inflation, which touched...

Year to date, the index is up by 0.06 per cent.

In November, Nigeria’s inflation rate hit 14.89 per cent, with food inflation rising at 18.30 per cent.

In 2021, businesses will face a globally fragmented recovery from COVID-19; now is the time embrace risk and focus on...

The Great Green Wall is Africa’s environmental defence system against desertification and degradation.

The debtors represent 80 per cent of the N4.4 trillion of the total outstanding debt to AM ON.