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

President Tinubu Increases Minimum Wage To Cushion Effects Of Fuel Subsidy

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I Will Not Fail Nigerians – Tinubu

President Bola Tinubu has announced a N25,000 wage award to low grade workers in the civil service, as part of measures to cushion the...

FG Set To Give 98,000 Nigerians Interest-Free Loans — Umar-Farouq

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The Federal Government says it has concluded plans to give interest-free loans to 98,000 beneficiaries of its Government Enterprise and Empowerment Programme 2.0 nationwide. The Minister of Humanitari...

Bakers Set To Raise Prices Of Bread Again, Say Cost Of Production Increasing

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Bakers, under the aegis of the Premium BreadMakers Association of Nigeria, have warned of yet another hike in prices of bread due to the skyrocketing cost of baking materials. President of the association, Emmanuel Onuorah, disclosed this to The PUNC...

VP Shettima Jets Out To Switzerland For World Economic Forum

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The Vice President, Senator Kashim Shettima, has departed Abuja for the World Economic Forum in Davos, Switzerland. This was disclosed in a statement on Sunday...

Ghana Targets Fuel Imports From Dangote Refinery 

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Dangote Refinery To Generate 135,000 Jobs, Says Emefiele

Ghana could buy petroleum products from Nigeria’s Dangote Petroleum Refinery once the facility is operating at full capacity, cutting more expensive exports from Europe,...

Nigeria Now Owing World Bank $660m — Data

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The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch has...

Nigeria Gets 60% Share Of Aferimbank’s $30bn Oil, Gas Funding

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Nigeria Gets 60% Share Of Aferimbank’s $30bn Oil, Gas Funding

The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in Africa. The bank disclosed investing...

Abia Community Protests With Coffin Over Outrageous EEDC Billing [Photos, Video]

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The people of Umueledi autonomous community in old Umuahia, Umuahia South LGA, Abia State have protested against what they call crazy billing by officials...

Global Trade War: Naira Value Depreciates Amid Forex Outflows

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Global Trade War: Naira Value Depreciates Amid Forex Outflows

The ongoing tariff war between the United States and certain nations has created uncertainty, which has caused foreign exchange to leave Nigeria and caused...

Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

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Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday, said the country will exit recession by the first quarter of...

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