Browsing: Business News

This week, from September 18 to September 22, significant economic events in Nigeria are making headlines. President Bola Tinubu has…

Cement price war rises as BUA plans to slash prices, Nigeria’s second-largest cement manufacturer, BUA Cement Plc, intends to lower…

Food increased inflation in August to 25.80%. According to data gathered on Friday from the National Bureau of Statistics, inflation…

Debt servicing consumes N2.34 trillion in a year. According to research by The PUNCH, Nigeria’s outlay on debt servicing decreased…

Bank of Industry’s half-year assets increased by 67% to N3.3 trillion. The total assets of Nigeria’s Bank of Industry (BOI)…

NERC orders DisCos to cope with customer concerns,A new regulatory tool or Order was released by the Nigerian Electricity Regulatory…

Nigeria’s telecom industry now accounts for 16% of GDP, according to Danbatta. The Nigerian Communications Commission (NCC), based on calculations…

Naira drops to N927/$ despite CBN attempts to ease FX backlog, Despite the Central Bank of Nigeria’s (CBN) efforts to…

Due to rising prices, business activity in Nigeria reaches a 5-month low. According to a new Purchasing Managers’ Index (PMI),…

The naira is in free decline once more as a $3 billion loan secured by the government-owned oil company NNPCL,…