Business

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

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.

NNPC/First E&P JV donates N50m to NGOs

The NNPC Ltd/FIRST E&P Joint Venture (JV) has donated over N50m to five outstanding nongovernmental organisations (NGOs) through its newly launche

CBN grants approval to 14 Money Transfer Operators

  The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new In

FG targets $3bn from CNG vehicle investments

The Presidential CNG Initiative (Pi-CNG) says it is currently targeting about N3.5 trillion ($3 billion) from investments in Compressed Natural Gas (C