The Minister of Works, David Umahi, has summoned prominent cement manufacturers to a meeting over the rising cost of cement. He expressed worry that, despite huge...
Nigerian Breweries Plc has recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion posted in its 2022 financials, indicating...
The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceeds to their mother companies overseas at once. The apex bank said...
The foreign exchange crisis worsened on Thursday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market. This was coming...
The Nigerian Association of Road Transport Owners (NARTO) has vowed to suspend operations on Monday, Feb. 19. The National president of the association, Alhaji Yusuf Lawal...
Wema Bank Plc has announced the appointment of two seasoned industry professionals, Segun Opeke and Yusuf Kazaure, to the Bank’s board of Directors, following the approval...
The Minister of Housing and Urban Development, Ahmed Dangiwa has lamented the rising prices of building materials across the nation. The Minister said he intends to...
UK economy has entered recession after recording two successive quarters of negative economic growth in the second half of last year, official data showed on Thursday....
The Chairman of the Nigeria Labour Congress (NLC), Comrade Hammed Ademola Benco, has commended Governor Dapo Abiodun for being sensitive and responsive to the plight of...
Nigeria’s inflation increased to 29.90 per cent in January 2024 from 28.92 per cent recorded in December 2023 amid rising food prices. The National Bureau of...