Business News

Dangote Group plans to expand the capacity of its Douala, Cameroon cement plant from the current 1.5 million metric tonnes...

Workers from across the country have welcomed the news of the approval by President Muhammadu Buhari of a special bailout...

Who says the new auto policy can’t work? Volkswagen AG resumed building vehicles in Nigeria for the first time in...

Private equity group Abraaj has bought a majority stake in Mouka, a Nigerian mattress manufacturer, and plans to expand the...

Oil re-entered a bear market on Tuesday extending the previous day’s losses, when Brent crude — the international benchmark —...

The Central Bank of Nigeria has asked state governments to furnish it with the details of their loan obligations latest...

The economy could now be set to face another major headwind – falling aggregate spending by households or consumers in...

Nigeria has recorded a total transaction of ₦700 billion through the mobile money banking system since 2012, Dipo Fatokun, the...

The Nigeria Deposit Insurance Corporation (NDIC) financial result for year ended 2014 has shown that it paid N94.74 billion as...

The July meeting of the Monetary Policy Committee (MPC) earlier scheduled to hold on the 20th and 21st of this...