Business

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

FG’s earning from crude oil sales drops by 79% in 2023

The money the federal government earned from the sale of crude oil dropped by 79 per cent in 2023, from $11.199bn it made in 2022 to $2.329bn, the Nig

NIWA moves to revive N9.4bn River ports

The National Inland Waterways Authority (NIWA) is set to revive three of its moribund river ports valued at about N9.4 billion. This is even as it sai

SEC vows to deal with illegal fund managers

The Securities and Exchange Commission (SEC) has warned entities engaged in illegal fund management activities to desist forthwith or be ready to face

Erisco urges Nigerians to support indigenous businesses

President and Chief Executive Officer (CEO) of Erisco Foods Limited, Chief Eric Umeofia, has appealed to Nigerians to support Nigerian businesses thro

Invest in cybersecurity, firm tells business owners

A technology company, Zoho Corporation, has advised business owners to invest in robust cybersecurity solutions to protect their infrastructure as mor