Browsing: Business & Economy

Abuja Electricity Distribution Plc (AEDC) has issued a ten-day notice to eighty-six Federal, Ministries, Departments and Agencies (MDAs) demanding payment of a staggering N41.7 billion in…

Nigerian Breweries Plc, the country’s largest brewer, reported an after-tax loss of N106.3 billion in 2023, its first loss in six years, according to its audited…

Singapore’s Olam Group addressed concerns announcing that its investigation team found no evidence implicating its Nigeria unit in an alleged multi-billion-dollar foreign exchange fraud and that…

Dame (Dr.) Adaora Umeoji OON, the Deputy Managing Director of Zenith Bank Plc, has emerged winner of The Humanitarian Services Icon of the Year Award 2023…

P2Vest, a pioneering force in financial technology, announces the upcoming launch of its groundbreaking insurance aggregator platform, InsuranceParasol. Launched in February 2024, this product is poised…

The National Pension Commission (PenCom) has made significant strides in ensuring compliance among employers regarding pension contributions. Between the years 2012 and 2023, PenCom has successfully…

Nigerian ace actor, Deyemi Okanlawon’s directorial movie debut, All’s Fair In Love has grossed N10.4 million in its advanced screening 2 days after its release in…

Investors will be hoping to get higher interest rates when Nigeria attempts to sell N2.5 trillion worth of seven and 10-year naira-denominated bonds today. That’s the…

Nigeria’s telecommunications sector witnessed a notable decrease in Foreign Direct Investments (FDIs) in 2023, as observed through a substantial reduction in capital importation. The latest data…

The Catholic Bishops Conference of Nigeria (CBCN) on Sunday condemned the recent reforms of the current administration, saying Nigeria is experiencing the worst times, especially in…