Business

The Nigerian economy recorded a total of N32.2tn trade in the 2018 fiscal period, figures obtained from the National Bureau of Statistics have revealed. The amount is contained in the …

Port Harcourt Refinery Nigeria’s refineries posted a cumulative loss of N114.3bn in the first 11 months of 2018, latest industry data have revealed. Figures obtained from the Nigerian National Petroleum …

The Nigerian banking stocks slumped the most since June 2016 a day after the re-election of President Muhammadu Buhari, as some investors showed disappointment at the defeat of his market-friendly …

The National Insurance Commission has approved the appointment of Mr Ikuomola Adeleke as the executive director, technical of Anchor Insurance Company Limited. In a statement, it said it had also …

Despite the challenging operating environment, interest from foreign brands in the country’s retail market remains strong, a report by real estate services firm, Broll Nigeria says. In its analysis of …

Nigerian Breweries Plc topped the list of 26 gainers that delivered a gain of N77.5bn to investors in the nation’s stock market. The market extended its positive performance to the …

File photo A surprise delay in Nigeria’s presidential ballot has served foreign asset managers another reminder of political risk and volatile investment returns in Africa’s biggest economy — just days …

The total credit from banks to the economy recorded a decline of N455bn from N15.58tn as of the end of the third quarter of last year to N15.1tn in the …

The stock market witnessed a rebound on Tuesday as the investors gained N80bn. The market capitalisation of equities listed on the floor of the Nigerian Stock Exchange increased from N12.004tn …

The European Union has said it co-funded the Abidjan-Lagos Highway Corridor to stimulate investments, strengthen the competitiveness of the territories and encourage regional integration for growth and job creation. The …