Business & Economy

Swiss lender Credit Suisse did not review all available records when it conducted an internal probe into the historical servicing of Nazi clients and Nazi-linked accounts, according to an investigation …

Carlsberg CARLb.CO was “shocked” by Russia’s seizure of its business in the country last month and the brewer is no closer to knowing what might happen next, its CEO said …

Osita Chidoka, a former minister of aviation in Nigeria, claimed that the crude oil swap may have helped the naira gain strength against the dollar during the country’s current foreign …

The Nigerian National Petroleum Company (NNPC) Limited says it has no plan to raise the pump price per litre of Premium Motor Spirit (PMS) also known as petrol. In a …

Amid shortage of foreign exchange, Nigeria’s inflation rate rose to 24.08% in July 2023, the highest in years. The July 2023 rate showed an increase of 1.29% points when compared …

According to Adetokunbo Pearse, a member of the People Democratic Party (PDP), Nigerians have a right to know the precise landing cost of Premium Motor Spirit (PMS). On Monday, Dr. …

World Bank President Ajaypal Singh Banga will begin a three-day visit to Nigeria on Thursday during which he will meet with President Bola Tinubu and Vice-President Kashim Shettima, the international …

With more than $500 million raised from domestic resources, multilateral development banks, and international financial institutions, the Federal Government will transform Nigeria’s food system and agro value chain. On the …

The old N200, N500, and N1,000 notes are being phased out “slowly,” according to the Central Bank of Nigeria (CBN), in favor of newly designed notes. Following the Monetary Policy …

The Monetary Policy Rate (MPR), which is used by the Central Bank of Nigeria (CBN) to measure interest rates, has been increased from 18.5 percent to 18.75%. Acting CBN Governor, …