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

Increasing Hardship: Nigeria Sitting On Keg Of Gunpowder — Sultan of Sokoto

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Resist Tribalism Like Plague – Sultan Tells Nigerian Army

The Sultan of Sokoto and Chairman of the Northern Traditional Rulers Council, Muhammad Sa’ad Abubakar III, has expressed fear that with millions of Nigerian...

Nigeria’s Private Sector Credit Increased To 75.9% In 2-years

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Nigeria’s Private Sector Credit Increased To 75.9% In 2-years

Credit to the Private sector, CPS, in Nigeria has expanded significantly in the last two years, growing by 75.9 % to hit all time...

Nigerian Refineries Damaged Beyond Turnaround Maintenance – NNPC

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The Nigerian National Petroleum Corporation (NNPC) yesterday attributed the prolonged neglect of overhauling the refineries in the country to the delay in making them...

FG Agrees To Reduce Fuel Price By ₦5

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Subsidy Removal: NULGE Demands 300% Minimum Wage Increment

Following the resumption of talks between the Federal Government (FG) and the leadership of the Organised Labour over the recent hike in the price of fuel...

FG Has Secured $30bn Investment In Last One Year, Says Minister Of Trade And Investment

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Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite said Nigeria had secured an investment commitment of over $ 30 billion in the last...

States Government, Not FIRS To Collect VAT – Court Declares

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The Federal High Court sitting in Port Harcourt has declared that it is the Rivers State Government and not the Federal Inland Revenue Services...

My Government Has Given N100bn Loans To Indigenous Manufacturers – Buhari

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My Government Has Given N100bn Loans To Indigenous Manufacturers – Buhari

President Muhammadu Buhari on Tuesday said the Federal Government has disbursed a total of N100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans. Buhari said the loan was to expand the capital base of pharmaceutica...

CBN Increases Interest Rate To 16.5%

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...

NDIC Lists Heritage Bank’s Head Office For Sale

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CBN Revokes Heritage Bank License

The Nigeria Deposit Insurance Corporation has listed the head office in Lagos and branches of failed Heritage Bank across the country for sale in...

US President, Biden Appoints Nigeria’s Enoh Ebong US Director Of Trade

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US President Joe Biden has appointed Nigerian-born Enoh Titilayo Ebong to the post of Director, United States Trade and Development Agency. This was contained in...

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