News

April 19, 2024

7 of 10 businesses risk closure over electricity tariff hike

Organised private sector want N225/kWh rate suspended The Organised Private Sector in Nigeria (OPSN) has said over 65 percent of businesses, especially manufacturing concerns and small […]
April 4, 2024

Chicken Republic outshines others in battle for market share

Chicken Republic, one of the pioneers of the quick service restaurants (QSR) industry in Nigeria, recorded the most sales among its peers last year despite surging inflation that […]
April 4, 2024

IKEDC releases list of areas where residents must pay higher electricity tariff

Following the Wednesday controversial announcement  by the Nigerian Electricity Regulatory Commission that electricity consumers under the Band A  classification will now pay N225 for a kilowatt […]
April 1, 2024

Creating a Brand: How To Build a Brand From Scratch

“Brand” is more than a catchphrase or a company’s style choice. It’s the collective imagery, feeling, and reputation of a company that follows it everywhere. When […]
April 1, 2024

Banks’ credit growth to private sector slows by 5% in February

The rate of increase in deposit money banks’ credit to the private sector slowed by 5 percent in February 2024 from 22.00 percent in January 2024 […]
March 25, 2024

Tantalizers posts loss for fourth straight year

Tantalizers, one of Nigeria’s oldest fast-food restaurants, recorded a loss for the fourth straight year in 2023, according to BusinessDay analysis. In the company’s latest financial statement, its […]
March 25, 2024

‘It’ll boost local production’ — FG to ban importation of syringe

The federal government says it will ban the importation of syringes to encourage local production in the country. Tunji Alausa, minister of state for health, spoke […]
March 25, 2024

Naira hits two-month high of N1,382 on CBN’s FX reforms

Nigeria’s naira rose to a two-month high of N1,382.35 per dollar on Thursday at the official foreign exchange market helped by foreign exchange reforms by the Central Bank […]
January 31, 2024

Up to 50% of poultry farmers in Nigeria have closed their shops – Poultry Association

The Poultry Association of Nigeria (PAN) expressed distress over the closure of more than 50% of its farms in 2023, attributing the shutdowns to sectoral challenges. […]