Browsing: Business & Economy

Dangote Cement appreciated today at the NGX by 7.49%, with its market cap gaining N430 billion.   This is as the bullish run in the NGX continues,…

The renowned rating agency, Fitch Ratings, has said that increased regulatory actions or funding instability may lead to a downgrade rating for Union Bank of Nigeria.  …

The urban inflation rate for December 2023 soared to a staggering 31%, according to the latest data from the National Bureau of Statistics (NBS).  It is…

The Borno State Contributory Healthcare Management Agency (BOSCHMA) said it has successfully enrolled 115,628 vulnerable individuals to access free healthcare services since its inception in 2020.…

In a move aimed at boosting efficiency and productivity, the Nigerian National Petroleum Company Limited (NNPCL) is seeking to transfer the operations of the Port Harcourt…

Nigeria’s import levels are at least 10 times lower than those of countries with the highest GDP ratios, a sign that the West African nation is…

Multichoice Group has appointed top Sky executive, Andrea Zappia, as the Chairman of its streaming platform, Showmax. This appointment followed MultiChoice’s recent deal with Comcast, as…

The Federal Government is working on an intervention program targeted towards large and medium-scale enterprises, tagged the “Business Champion Program”.   This was announced by Dr…

Nigerian consumer prices climbed at the fastest annual pace in 20 years in December, the National Bureau of Statistics reported today. BusinessDay analysis of Nigeria’s inflation…

Universal Music Group (UMG) is set to implement significant layoffs in Q1 2024, affecting ‘hundreds’ of employees, particularly in its recorded music division according to reports.…