Business

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

Nigeria committed to stable Atlantic region – NIMASA

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr Dayo Mobereola has assured the international community of

ECOWAS moves against trade-based money laundering

Nigeria and other countries in the West African sub-region have taken measures to check trade-based money laundering in the West African region.  The

MSMEs cannot survive on current interest rate – Fidelity Bank MD

Micro, Small and Medium Enterprises (MSMEs) cannot survive doing business by borrowing at the current commercial bank interest. This was the view of t

FG targets $1.5bn FDI from tourism in 4 years

The federal government is targeting $1.5bn foreign direct investment (FDI) from tourism in the next four years. The projected amount would be three ti

Again, CBN jacks up interest rate to 27.25 percent

The Central Bank of Nigeria (CBN) has again raised the Monetary Policy rate by 50 basis points to 27.25 from 26.75 percent. The committee also retains