Business Archives

business

Business News

Naira Strengthens to N1,375 per Dollar in Parallel Market

The naira gains value against the dollar in both the parallel and official markets.

Graph showing rising debt levels in developing countries.

Business News

Developing Countries’ Debt Reaches Record $9.4 Trillion in 2025, Says World Bank

The World Bank reports that developing countries’ external debt has surged to $9.4 trillion, driven by private financing.

Illustration of a mobile wallet and cash withdrawal process

Business News

How to Check Eligibility and Claim the N50,000 Federal Grant in Nigeria

The Nigerian government outlines steps for beneficiaries to confirm eligibility and access funds.

A promotional graphic for CANEX WKND 2026 in Lagos

Business News

iDICE Partners with Afreximbank for CANEX WKND 2026 in Lagos

The iDICE Programme will connect Nigerian creative and tech businesses with investors at CANEX WKND 2026.

Ondo State Competition and Consumer Protection Agency warning businesses

Business News

Ondo State Agency Takes Stand Against Consumer Exploitation by Businesses

The Ondo State Consumer Protection Agency warns businesses to stop unfair practices or face legal action.

A pedestrian walks in front of the Bank of England in London.

Business News

Bank of England Raises Interest Rate for First Time in Over Three Years

The Bank of England increased its interest rate to four percent to combat rising inflation driven by energy costs.

Kwara State Commissioner for Livestock Development, Oloruntoyosi Thomas, during a meeting.

Business News

Kwara State Seeks Partnerships to Enhance Livestock Production

Kwara State aims to collaborate with private investors to improve livestock and dairy farming.

LASCOPA office in Lagos helping consumers with complaints

Business News

Lagos Consumer Agency Recovers Over N759 Million for Residents in Six Years

The Lagos State Consumer Protection Agency has resolved thousands of complaints and recovered significant funds for consumers.

An Emirates airline plane at an airport.

Business News

Emirates Airline Reports 66% Drop in Profits Amid War and Rising Fuel Costs

Emirates Group’s profits fell significantly due to high fuel prices and disruptions from the Middle East conflict.

Business News

Grigori Berezkine: From Chemist to Media Owner and Philanthropist

Grigori Berezkine has transitioned from a career in chemistry to leading a major media group and engaging in philanthropy.

Minister Adegboyega Oyetola addressing the IMO Council meeting.

Business News

Nigeria Seeks Global Investment to Boost Maritime Economy

The Nigerian government is looking for international support to enhance its shipping industry.

Business News

Wema Bank Announces Finalists for Hackaholics 7.0 Competition in Lagos

The Top 21 finalists for Wema Bank’s Hackaholics 7.0 will compete in a grand finale on November 6, 2026.

Chief Chukwuemeka Enviable Ituma receiving the Young Entrepreneur of the Year Award.

Business News

Chukwuemeka Ituma Honored as Young Entrepreneur of the Year

Chief Chukwuemeka Enviable Ituma receives recognition for his impact on Nigeria’s transportation sector.

Edo State Governor Monday Okpebholo signing the agreement for the state-owned airline.

Business News

Edo State Signs Agreement to Launch State-Owned Airline with Chinese Partners

Edo State Governor Monday Okpebholo has signed an agreement to start a state-owned airline with China Express Airline and KDN Aero.

Business News

Ingentia Energies Aims for 30,000 Barrels of Oil Per Day by 2030

The company plans to significantly increase its oil production while maintaining responsible practices.

Business News

Access Holdings Reports N474 Billion Profit for Nine Months Ending September 2026

Access Holdings Plc announced a profit of N474 billion for the first nine months of 2026, reflecting strong financial performance despite rising expenses.

KEDI Healthcare anniversary celebration event

Business News

KEDI Healthcare Marks 20 Years in Nigeria with Awards and New Initiatives

KEDI Healthcare celebrates two decades in Nigeria with an award ceremony and new projects.

Nigeria Customs Service officials at Apapa Port

Business News

Nigeria Customs Generates Over N302 Billion from Apapa Port in October

The Nigeria Customs Service reported a revenue increase from Apapa Port in October 2026.

Participants engaging at the Global Tech Africa 2026 Conference in Kano.

Business News

Nigerians Urged to Invest in Youth for Digital Economy Growth at Global Tech Africa 2026

At the Global Tech Africa 2026 Conference, experts emphasized the need to develop Nigeria’s youth to boost the digital economy.

Canadian Prime Minister Mark Carney presenting the budget in parliament.

Business News

Canada’s New Budget Aims to Reduce Dependence on US Trade

Prime Minister Mark Carney’s government introduces a budget focused on diversifying trade relationships.