Category: Business

Nigerian Breweries issues commercial paper of N25bn

Nigerian Breweries Plc has disclosed a proposal to raise N25bn through the sale of commercial...

Naira drops N462 against dollar at official market

The Naira-to-US Dollar exchange rate at the Investors and Exporters window decreased to N462.33 per...

Private groups reject FG’s excise tax hike

A group of Nigerian business organizations called the Organised Private Sector, has rejected the recently...

NGX loses N58bn after seven-day rally

The Nigerian Exchange Limited’s market capitalisation dropped by N58 billion on Tuesday, bringing it to...

Ford set to reduce electric Mustang Mach-E price

Ford has announced that it will reduce the cost of its Mustang Mach-E by a range...

Nigeria army owes Kaduna distribution company huge debt – KAEDCO

The Kebbi state branch office of Kaduna Electricity Distribution Company revealed that the Nigeria Army...

May Day: Benue workers demand payment of outstanding wages

The chairman of the Benue Nigeria Labour Congress, Terungwa Igbe, requested that the state government...

Aba power restored after 10-days disconnection from national grid

Aba Power was reconnected to the national transmission grid on Monday after being disconnected for...

Economy development necessary for Nigeria’s pension growth – Experts

Experts at FBNQuest have said that strong economic growth and the creation of jobs will...

Nigeria’s industrial employment dropped 21% in 2022 – MAN

The manufacturing industry in Nigeria, Manufacturers Association of Nigeria, experienced a fall in direct employment...

FG expresses concern over N4tn debt owed by several companies

  A Federal Government agency, Asset Management Corporation of Nigeria has requested assistance from stakeholders...

Nigeria must address food inflation before subsidy removal – Budgit

The Chief Executive Officer of a Nigerian civic group, Budgit Oluseun Onigbinde, has stated that...