Business

All the recent business news in Nigeria, economy and industry updates.

FG, states, LGs share N1.208trn revenue for April

The Federation Account Allocation Committee (FAAC), has shared the sum of N1.208 trillion as revenue for April among the Federal Government, states an

Gas supply gets 25% boost as Tinubu unveils 3 projects

President Bola Tinubu has commissioned three milestone projects, the expansion of the AHL Gas Processing Plant, the ANOH Gas Processing Plant and the

Food crisis worsens as inflation soared to 33.69% in April

The prices of food commodities in the country rose by 40.53 per cent in the month of April, data from the National Bureau of Statistics (NBS) has show

NGX: Bearish sentiment continues as investors lose N73.85bn

Bearish sentiment continued yesterday at the Nigerian Exchange (NGX) as the All-Share Index closed 0.13 per cent lower to 97,343.42 points, marking it

NBS to use AI for generation of food price index

The National Bureau of Statistics (NBS) has disclosed plans to use Artificial Intelligence (AI) in the generation of statistical data on food prices.