Business

Multinational financial services company American Express plans to lay off 3,500 employees worldwide as it prepares to expand the use...

‎Meta chief executive Mark Zuckerberg is seeking to raise up to $95 billion through stock-related deals to finance the company’s...

The federal government says inadequate access to finance, skills and institutional support is preventing promising Nigerian businesses from expanding, with...

Algerian President Abdelmadjid Tebboune vowed on Wednesday to make 2027 a key year in the nation’s shift to a liberal...

Sanitation and menstrual health businesses in Nigeria are struggling to access credit, operators have said, as the Development Bank of...

‎BlackRock, the world’s largest asset manager, has reported a record $15.5 trillion in assets under management, following strong client inflows...

Financial sector stakeholders have urged Nigerian banks to channel capital into productive lending, strengthen digital infrastructure, and build customer trust...

Dangote Industries Ltd and the Botswana Stock Exchange (BSE) have endorsed the Nigerian Exchange Group’s efforts to expand cross-border investment...

Goldman Sachs recorded a total profit of $17.6 billion in the first nine months of 2026, reflecting the financial performance...

‎The Nigerian government and the African Development Bank have agreed to review projects the bank funds across the country to...

The African Development Bank Group and Family Bank Limited have signed a $10 million Trade Finance Line of Creditto expand...

Vendors at the 2026 Abuja International Trade Fair (AITF), have expressed concern over low customers turnout, urging Nigerians to increase...

The Aliko Dangote Foundation (ADF) has launched a groundbreaking Student Share Grant Initiative, designed to help young Nigerians begin their...

The Good Governance Assembly (GGA) has commended Olusegun Ayo Omosehin, Commissioner for Insurance and Chief Executive Officer of the National...

The Minister of Industry, Trade and Investment, Jumoke Oluwole, says digital connectivity and infrastructure are critical to improving Nigeria’s investment...

Investor confidence in the Dangote Petroleum Refinery IPO continues to strengthen following projections that Dangote Group is on course to...

The Lagos State Ministry of Housing on Monday trained facility managers on modern maintenance practices and operational innovation on state-owned...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says crude oil producers offered 182 million barrels to domestic refiners between January...

Umaru Kwairanga, group chairman of the Nigerian Exchange Group, has urged global investors to take advantage of Nigeria’s investment opportunities...

Economists have commended the Central Bank of Nigeria (CBN) for raising the country’s external reserves to $ 54.08 billion. ‎...

KIGALI, RWANDA — When AGRA President Alice Ruhweza stepped onto the opening plenary panel at the 20th Africa Food Systems...

BUA Foods Plc recorded a Profit After Tax (PAT) of N292.27 billion for the six months ended June 30, 2026,...

A Chinese company has just gotten regulatory approval to buy 83% of Lafarge for $1 billion, about ₦1.5 trillion, in...

The Securities and Exchange Commission (SEC) has directed all capital market operators to immediately discontinue any form of advertising or...

The naira continued to trade within a relatively stable band against the United States dollar on Tuesday, June 23, 2026,...

The Nigerian currency traded at about ₦1,363.41 to the US dollar at the official market on Monday, according to figures...

The Africa Finance Corporation (AFC) has approved a $600 million financing facility for the Dangote Group to support a major...

International Energy Insurance Plc has launched a ₦17.5bn public offer aimed at strengthening its capital base and expanding its operations...

The Federal Ministry of Solid Minerals Development has intensified efforts to sanitise Nigeria’s mining sector through a broader institutional collaboration...

The Customs Officers’ Wives Association (COWA) has launched a nationwide tree planting campaign aimed at planting 1,000 trees within one...

Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over...

The Nigeria Data Protection Commission (NDPC) said it has launched an investigation into an alleged data breach involving Remita Payment...

Air Peace has reported a disruption of its Lagos to Port Harcourt flight by bird strike on Thursday. A statement...

Bharti Airtel has announced it has surpassed 650 million mobile subscribers globally, becoming the second-largest telecommunications operator by customer base....

Nigeria’s total petroleum reserves stood at 37.01 billion barrels of oil and condensate and 215.19 trillion cubic feet (TCF) of...

The Central Bank of Nigeria has directed banks to complete a mandatory cybersecurity self-assessment within three weeks, as part of...

The Federal High Court in Lagos has ordered the freezing of funds and assets valued at N448,263,172.41 in a debt...

A son-in-law of Aliko Dangote, Captain Jamil Abubakar, has raised multimillion naira to support entrepreneurs in northern Nigeria. Captain Jamil,...

The Naira on Monday further appreciated at the official market trading at N1,357.76 against the U.S. dollar. Data published on...

This combination of pictures created on December 18, 2024 shows the logo of Italian bank Unicredit in Milan (top) and...