Business

“When you build a refinery and disrupt that system, you are not just innovating, you are threatening powerful interests."

The decision, announced by CBN Governor Olayemi Cardoso at the end of a two-day Monetary Policy Committee (MPC) meeting in...

Management attributed the sharp improvement in bottom line to relative stability of the naira in contrast to last year which...

The state-owned oil company posted a statutory payment of N6.96 trillion to the federation account within the first five months...

The rebasing exercise which updates Nigeria's data to mirror its current conditions and changing circumstances placed real estate third on...

The legal dispute over the right to the name KPMG dates back to 2022.

According to the bureau, this sector grew nominally by -5.33 per cent (year-on-year) in Q1 2025.

The bureau said this figure is higher than the rate of 9.25 per cent recorded in the same quarter of...

The NBS said the sector grew by 10.04 per cent year-on-year in nominal terms in Q1 2025, showing an increase...

CAC said the enforcement of new fees and penalties originally scheduled to take effect on 1st August, will now commence...

Manufacturing as a share of GDP fell to 9.6 per cent from 9.8 per cent in the corresponding period of...

“This revision represents a 41.7% increase in nominal estimates compared to a 59.7% revision in the 2010 rebasing exercise.”

Mr Korie explained that the plan could render the roles of its members, who serve as intermediaries between refineries and...

Mr Adeleke said the power plant, located at Ajebamidele, Ondo State will employ over 2,000 engineers and other associated workers.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your...

First HoldCo called on ThisDay and Arise TV to uphold the principles of journalism by verifying facts before publication.

This is according to a communiqué from FAAC made available by Bawa Mokwa, Director , Press and Public Relations, Office...

The situation, they said, has also raised concerns about the ease of doing business in Nigeria, with potential investors likely...

“The sellers were Barbican Capital Limited & affiliates and Leadway Group & affiliates, and the buyer...,” First HoldCo said in...

In a Friday statement issued by Kamarudeen Ogundele, special assistant to the president on Communication and Publicity, Office of the...

OPEC report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which produced 927,000...

The report said the annual food inflation rate in June 2025 was 21.97 per cent.

In March, TCN said Nigeria generated 5,801 megawatts of electricity, the highest ever by the country.

Nigeria’s tax as a share of GDP was the second weakest of the 36 African economies tracked by the Organisation...

As banks adjust to these measures, they may experience reduced profits, tighter liquidity, and a heightened need for provisions