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RESIDENTS of certain parts of Lagos and Ogun states have lamented losing property worth millions of naira to the incessant rainfall that led to flooding and the attendant destruction of...
With Nigeria’s insurance penetration estimated at less than one per cent, experts have attributed the low acceptance of compulsory insurance to low enforcement. Besides, they also stressed the need for...
Capital importation into Nigeria has fallen by 81.46 per cent ($6.91bn) from $8.49bn in the first quarter of 2019 to $1.57bn in the corresponding quarter of 2022, according to data...
The House of Representatives’ Ad Hoc Committee on the Volume of Fuel Consumed Daily in Nigeria has asked the Nigeria Customs Service to provide details of the Premium Motor Spirit...
Consistent business collaborations of private sector stakeholders across countries on the African continent would surely guarantee its economic growth, eradicate poverty and place Small and Medium Enterprises (SMEs) on a...
Samsung Electronics expects operating profits in the second quarter to rise 11.4 percent, the South Korean tech giant said in a statement Thursday, despite ongoing global supply chain woes. The...
Red Star Express Plc has declared N413.9m as its group profit before tax for the year ended March 31, 2022. This is an 87 per cent increase from the sum...
Total Assets Under Management (AUM) of the mutual fund industry hit N1.52 trillion ($3.64billion) in the first five months of the year. This represents 8.7 per cent growth when compared...
Prepaid meters given to electricity consumers from the Office of Vice President Yemi Osinbajo under the National Mass Metering Programme, which have now become dormant, will soon be retrieved. The...
Indigenous Oil & Gas Company, Eroton Exploration and Production Company Limited has said the oil spill from its wellhead in the Niger Delta region was caused by activities of vandals...
198 Nigeria News will provide the latest news update as the government facing a growing challenging in preventing Africa's most populous country from breaking apart along ethnic and religious lines.
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