The Nigerian stock market rebounded with positive momentum on Wednesday, adding N97 billion to investors’ portfolios. Specifically, the market capitalisation of listed equities, which opened at N55.033 trillion, advanced by…

The Transmission Company of Nigeria (TCN), has denied media reports that the country witnessed a grid collapse on Monday. It, however, said the grid experienced arcing on the Benin-Egbin 330kV…

The Central Bank of Nigeria (CBN) has approved a pivotal financial accommodation to support the proposed merger between Unity Bank and Providus Bank. CBN’s acting Director of Corporate Communications, Hakama…

Rivers State governor, Sir Siminalayi Fubara, has signed an Executive Order to establishment an investment agency that will coordinate business interests expressed by investors who now consider the state as…

Stock market investors lost N32 billion on Wednesday as bearish sentiment continued to dominate trading on the Nigerian Exchange Ltd.(NGX) for seven consecutive sessions. Selloffs in Zenith Bank, Access Corporation,…

Task force uncovers illegal charter operations   The number of private business aircraft operating in Nigeria has risen from 44 in 2005 to 157 in 2024, an investigation has revealed….

The half-year revenue report of the Lagos Free Trade Zone (LFTZ) stands at N138.179 billion. The figure is against the N28 billion recorded in the same period in 2023. The…

Foremost indigenous oil and gas company, Oando Plc, yesterday, disclosed that Italian oil giant, Eni, has received a formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for the…

Business leaders have emphasised the importance of innovation to navigate turbulent times. They spoke at a recent BusinessDay CEO Forum to discuss strategies for navigating the turbulent times. The event,…

First Bank has unveiled its continuous Visa Cross Border and Summer campaign in partnership with Visa. The campaign, which commenced on April 1, 2024, is set to run until August…