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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

World Bank President Visits Nigeria, To Focus On Job Creation, Energy

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The President of World Bank, Ajay Banga is set to commence a three-day visit to Nigeria which will focus on job generating avenues for...

Our Economic Environment Does Not Support Further Borrowing, Finance Minister Tells Senate

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Contractors To Protest Over FG's N500bn Overdue Debt

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the country cannot rely on borrowing to fund the...

FG earned N5.04tn from oil in 11 months – CBN

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Between January and November last year, the Federal Government made about N5.04tn from the sale of oil, figures obtained from the Central Bank of...

Total Blackout In Abuja, Abia, Imo, Others As National Grid Collapses

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Only 10,692 Electricity Projects Fit For Use – FG

Abuja Electricity Distribution Company, AEDC has confirmed power outage in Abuja due to collapse of national grid. AEDC in a statement on its Twitter page...

FG Seeks Fresh $1.2 Billion Loan From Brazil

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The Federal Government is seeking a $ 1 .2 bn external borrowing from Brazil to finance agricultural programmes in the 2021 budget. A request...

Stock Investors Reap N26.5trn In April, Market Cap Hits N155.7trn

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Equity Investors Lose N4.9trn, As market Uptrend Reverses

The Nigerian stock market ended April 2026 on a bullish note last week, as strong buying momentum across key sectors lifted the performance indicators of...

African Economy Can’t Industrialise In Darkness — AfDB President

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President, African Development Bank (AfDB), Dr Akinwunmi Adesina, has said that no economy can industrialise in darkness, underscoring the importance of electricity in growing...

Supreme Court Bans Withdrawal Limit Policy

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Supreme Court Cancels Rivers Local Government Elections

On 3 March 2023, the Supreme Court sitting in Abuja ruled in favour of a suit brought before it by Governors. The apex court...

FG Has Secured $30bn Investment In Last One Year, Says Minister Of Trade And Investment

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Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite said Nigeria had secured an investment commitment of over $ 30 billion in the last...

Air Peace Obtains Direct Flight Permit To Dubai

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Air Peace Applauds Tinubu’s Support Over Crashed London Fares To $3,000

The government of United Arab Emirates has granted Air Peace the approval to operate direct flight to Dubai. Minister of Aviation and Aerospace, Festus Keyamo,...

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