Business

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

IMF slashes borrowing costs by 36%, saves countries $1.2 bn yearly

The International Monetary Fund (IMF) has announced that it is reducing the costs for countries that borrow money from it by up to 36%. In a statement

Capital market can galvanise funds to finance Nigeria’s infrastructural deficit – SEC

The Director General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has described the capital market as being grossly undersold

Our committee did not propose reduction of FG’s share in FAAC allocation to 10% – Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has dismissed reports suggesting that the committee is proposi

Customs CG meets AfCTA head over $3.4 trn trade

The Comptroller General of Customs (CGC), Bashir Adewale Adeniyi, has met with the Secretary General of the African Continental Free Trade Area (AfCFT

Fuel price hike: Sack managers of our oil sector now, CSO tells Tinubu

The Transparency Accountability for Development Initiatives (TADI), has called on President Bola Ahmed Tinubu to sack the managers of Nigeria’s oil se