Despite the challenging business climate of 2024, several Nigerian firms have emerged as the most valuable in the country. Operating across various sectors such as manufacturing,…
Browsing: Business
All the latest business news in Nigeria
The naira strengthened against the dollar in the official market, closing the week on a positive note on Friday. According to FMDQ data, the naira appreciated…
The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to recovering the N227 billion debt owed by Arik Air as the agency intensifies efforts…
The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted the impact of the Dangote Petroleum Refinery on reducing Nigeria’s reliance on imported refined petroleum products…
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has reaffirmed that the Federal Government will not approve a 100% increase in telecommunications tariffs. Telecom…
The Naira gained against the dollar on Tuesday at the parallel foreign exchange market. According to Abubakar Alhasan, a Bureau de Change operator in Wuse Zone…
Nigeria’s crude oil revenue surged to approximately ₦50.88 trillion in 2024, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The report revealed that…
In a strong stance against cash flow disruptions, the Central Bank of Nigeria (CBN) has penalised Deposit Money Banks (DMBs) for failing to provide Naira notes…
As of September 2024, technology and telecom companies in Nigeria owed banks a total of N1.69 trillion. This comes at a time when these companies seek…
The Nigerian government and 21 of the 36 states in the federation have projected a combined Value-Added Tax (VAT) revenue of N2.5 trillion for 2025 in…