Neimeth International Pharmaceuticals Plc. has reported a profit after tax of N271 million for the 2021 financial year, representing an increase of 27 percent when compared...
In March alone, Nigeria’s electricity grid has collapsed twice, resulting in a nationwide blackout. Among other factors, the regular collapse of the power grid is unconnected...
Persistent increase in costs of production amid a harsh operating business environment has been blamed for the gradual reduction in the size of N100 bread and...
With inflation rising and interest rates increasing, the outlook for some traditional fixed income markets remains poor. New research from Aeon Investments, the London based credit-focused...
The total amount of money spent on education and medical services abroad between 2010 to 2020 is more than Nigeria’s current foreign reserves of $39.51 billion,...
The total value of capital importation into Nigeria in the fourth quarter of 2021 stood at $2.19bn, an increase of 26.35 percent from $1.73bn recorded in...
The United States has sanctioned six Nigerians in the United Arab Emirates (UAE), who were convicted for funding and supporting Boko Haram terrorist group The six...
The National Bureau of Statistics (NBS) has disclosed that Nigeria generated a total of N2.03tn from Value Added Tax (VAT) collections in 2021, the highest revenue...
Barely 24-hours after Russian ruler Vladimir Putin demanded payment for Russian gas be made in the local Ruble, the U.S. and EU have struck a deal...
LG Electronics has diversified its business units to include cryptocurrency and blockchain-based software, the South Korean tech giant announced in a recent update. According to a...