Business

The rhythm of Nigeria's business world
Nigeria has encountered a substantial revenue loss of over N8.7 trillion ($21 billion) from January to August 2023 due to its inability to meet its allocated quota by the Organization of Petroleum Exporting Countries (OPEC). This unfortunate situation has transpired at a time when Nigeria is...
Nigeria's inflation continues to surge, reaching a staggering 25.80% in August 2023, as reported by the National Bureau of Statistics (NBS). This marks a significant 1.72% increase from the 24.08% recorded in July. The NBS revealed, "In August 2023, the headline inflation rate increased to...
BUA Cement Plc, one of Nigeria's leading cement producers, has announced its intention to reduce the price of cement in Nigeria. The Chairman of the company, Abdul Samad Rabiu, revealed this plan after a meeting with President Bola Tinubu at the State House in Abuja on September 15, 2023...
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