Business

All the recent business news in Nigeria, economy and industry updates.

NDIC urges Heritage Bank depositors to comply with KYC for reimbursement

The Nigeria Deposit Insurance Corporation (NDIC) has called on the depositors of the now-defunct Heritage Bank, who are yet to receive their insured d

7 years after OML25 shutdown, Rivers communities give condition for Shell’s re-entrance

Seven years after Belema OML25 facilities were shut down by Kula, Belema, and Offoinama communities, the indigenes of the affected communities have gi

Over 70% of drugs in Nigeria imported –Ex-minister

Foremost businessman and former Minister of Health, Prince Julius Adeluyi-Adelusi, has tasked stakeholders in the pharmaceutical industry to take up t

Airlines must provide adequate compensation for delays – NCAA

The Director General of the Nigerian Civil Aviation Authority (NCAA), Capt. Chris Najomo has directed that henceforth, airlines must compensate passen

Over 3,000 litigations stall AMCON’s N5trn loans recovery

Managing Director and CEO of Asset Management Corporation of Nigeria (AMCON), Mr. Gbenga Alade, at the weekend disclosed that over 3000 court cases ar