Nigeria’s bold foreign exchange reforms under President Bola Tinubu have not yielded the results many expected, with critics faulting implementation. The naira has weakened 65 percent against the US dollar

Nigerians are turning to locally-used vehicles as soaring prices make imported cars unaffordable in a country grappling with the worst cost-of-living crisis in decades. Multiple car dealers told BusinessDay that

Supermarket sales in Nigeria rose to the highest in at least six years in 2023 as retailers adopted quicker delivery methods and expanded consumer credit offerings. The latest report by

The Nigeria Labour Congress (NLC) will continue its negotiation for a new Minimum Wage at the federal government Tripartite Committee meeting in Abuja, on Tuesday. BusinessDay reliably gathered, week end

The Nigerian currency, the naira, recorded its biggest gain in a couple of weeks against the American dollar on Monday May 27, 2024 to trade at N1, 339/$1, data from

FBN Holdings Plc yesterday declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2per cent growth from the

The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named the ‘Best Banking CEO of the Year in Africa’ at the International Banker 2024

Lagos State has taken a major step towards turning tonnes of solid waste generated in the metropolis to usable energy. Governor Babajide Sanwo-Olu, yesterday, formalised a partnership with a Dutch

First Bank of Nigeria Limited, in partner­ship with Proparco, a Development Finance Institution, is mainstreaming climate initiatives into its busi­ness operations and strategy. This is aimed at achieving a holistic