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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

Banks Lose Over N1bn As Hoodlums Wreck ATMs, Branches

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Deposit Money Banks (DMBs) in the country likely lost over a billion naira, last week, to the destruction of their facilities across the country...

Nigeria’s Public Debt Stock Hits N42 Trillion

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Nigeria’s Public Debt Stock Hits N42 Trillion

Nigeria’s total public debt stock, which was N41.60 trillion ($100.07 billion) in March, increased to N42.84 trillion ($103.31 billion) by June. This information can be...

Emefiele risks jail term over $53m garnishee order

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The Governor of Central Bank of Nigeria, Mr Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute...

POS Operators Announce New Service Charges, N20,000 Withdrawal Now Attracts N800 Fee

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Osun POS Operators Announce New Charges

A group of Point of Sales operators in Nigeria have protested against the increased service charges in the country which took effect on Monday. The...

Fuel Subsidy Will End By 2023, It’s Unsustainable – Buhari

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Fuel Subsidy Will End By 2023, It’s Unsustainable - Buhari

President Muhammadu Buhari has affirmed that the costly fuel subsidy will end by 2023. Buhari said this on Friday during the presentation of the proposed...

Dangote Explores Investment Opportunities In Burundi, Meets With President

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Dangote Signs $400m Equipment Deal To Fast-Track Refinery Expansion

Africa’s richest man, Aliko Dangote, paid a brief but strategically significant visit to Burundi, where he explored new investment opportunities and cemented plans to...

Tears And Turmoil In Makoko: Residents Decry Lagos Demolition, Allege Land Sale As Government Insists Action Was for Public Safety

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Tears And Turmoil In Makoko: Residents Decry Lagos Demolition, Allege Land Sale As Government Insists Action Was for Public Safety

LAGOS — Grief, anger, and confusion have gripped Makoko waterfront, one of Lagos’s most iconic informal settlements, as residents continue to lament the recent...

Suspected Land Grabbers Invade Ondo Community

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Suspected Land Grabbers Invade Ondo Community

The Akure West LCDA headquarters in Ondo State's Isinkan community is tense after alleged land grabbers carrying lethal weapons interrupted a housing project that...

Young Entrepreneur Ejechi Unveils Farm Project in Nasarawa, Lauds Awosika, Late Wigwe

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A young entrepreneur and the CEO, Gentlereal Farms and Kitchen Ltd, Mr. Eugene Chinedu Ejechi has officially unveiled his farm project located in Masaka,...

FG Earmarks N2.55tr For Subsidy In Supplementary Budget

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President Muhammadu Buhari has earmarked N2.55trillion for fuel subsidy in the 2022 Supplementary Appropriation Bill transmitted to the National Assembly for consideration and approval. The...

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