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

Emirates Resumes Flight Into Lagos Monday, Abuja Tuesday

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Emirates has announced that it will resume passenger services to Lagos on  7 September and Abuja on 9 September in Nigeria. The resumption of flights...

Bailey Bridge Ohafia Shuts Down Midnight Monday For Maintenance

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Member representing Arochukwu/Ohafia federal constituency, Hon. Uko Nkole has announced the closure of Bailey bridge located along Ohafia -ABAM for maintenance starting from midnight...

Foreign Investment In Manufacturing Plunges 51.44% In Two Years

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Foreign Investment In Manufacturing Plunges 51.44% In Two Years

…Drops to $772.45m in 2025 •Sector’s investment share falls to 3.33% from 49.73% in 2023 Foreign investment in flows into Nigeria’s manufacturing sector have suffered a sharp...

NLC Slams Govt. Over Worsening Living Condition Despite FAAC’s N10.4tn Payouts

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NLC Slams Govt. Over Worsening Living Condition Despite FAAC's N10.4tn Payouts

The Nigeria Labour Congress and private sector stakeholders criticized governments at all levels for deteriorating living conditions, deteriorating infrastructure, and growing insecurity. The Federation Account...

FG To Amend The 2020 Budget Oil Benchmark To $20 Per Barrel

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Plans are ongoing by the Federal Government to review the 2020 budget to reflect an oil benchmark of $20 per barrel. A report by Reuters...

World Bank Approves Nigeria’s $750 Million Loan

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The World Bank has approved a $750 million loan to the Federal government which is to be used to improve electricity supply in the...

Naira Down To N1,400/$ In Parallel Market

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Naira Down To N1,400/$ In Parallel Market

The Naira yesterday depreciated to N1,400 per dollar in the parallel market from N1,390 per dollar last weekend. However, the naira appreciated to N1,356 per...

Uche Ogah: FG Has Established 6 Mineral Cluster, LED Processing Projects In South East

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As the government strives to diversify the nation's economy, the Minister of State for Mines and Steel Development, Dr Uchechukwu Ogah says the federal...

CBN Releases $265Million To Airlines

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Naira Redesign: Banks Get N52b Cash Deposits In Two Weeks

In a move to check the crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) yesterday, released the sum of $265...

Obi Cubana Pledges Sponsor To Any Developer Of African Smartphone

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Billionaire businessman, Obi Cubana has promised to sponsor any tech-savvy individual of African descent to create a smartphone for the African market. The Cubana Group boss revealed this during an Instagram Live video, noting “he has one crazy ide...

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