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

Coca-Cola Indicted On Product Description – FCCPC

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Coca-Cola Indicted On Product Description - FCCPC

FCCPC accuses Coca-Cola and Nigerian Bottling Company for alleged misleading trade descriptions, ‘Original Taste, less Sugar’ in their product. Nigeria’s Federal Competition and Consumer...

FG Sets Up Centres For Nigerians To Buy Rice ₦40,000 — Minister

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FG Promises To Deal With Economic Destabilizers

The Federal Government has called for calm on the proposed nationwide protest, saying it had created centres across the country where Nigerians can purchase...

Libya Denies Discussions With Dangote Refinery On Supply Of Crude Oil

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Dangote Refinery Ready For Petrol Rollout

Libya’s National Oil Corporation has denied that it was in talks to supply crude oil to any refinery in Nigeria, including the Dangote refinery. This...

Nigeria’s Per Capita Budget One Of The Smallest Globally — Presidential Aide

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The Special Adviser to the President on Economic Matters, office of the Vice President, Dr. Tope Fasua has said Nigeria's annual budget is one...

National Assembly Adjusts 2024 Budget From ₦28.7tn To ₦35.5tn

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N’Assembly Raises Recurrent Vote, Cuts N500bn From Capital Spending

The Senate has approved the ₦6.2 trillion amendment to the 2024 Appropriation Act, raising this year’s national budget from ₦28.7 trillion to ₦35.055 trillion. The...

CBN Raises Interest Rate To 27.65%

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CBN Imposes N150m Fine On Banks Distributing New Notes To Hawkers

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has increased the benchmark lending rate to 27.65 percent. The hike in the Monetary...

After Insisting That Petrol Import Will Continue, Operators Accuse FG Of Working Against Local Refineries

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Tinubu Meets Okpebholo, Idahosa, Others In Aso Rock Over Edo APC Crisis

Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government...

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,...

Leadership Of House Of Representatives Visits Dangote Refinery 

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The leadership of the House of Representatives have visited the Dangote Petroleum Refinery in Lagos. Speaker of the House of Representatives, Hon. Tajudeen Abbas, led...

Every Fund In Dormant Accounts Should Be Sent To Us, CBN Tells Banks

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Economic Reforms Aim To Close Forex Gap As Oil Prices Decline

The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to transfer funds in all dormant accounts to the apex...

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