Business

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

FG imposes electronic levy on Opay, Moniepoint users, others

Customers of financial technology (fintech) companies including Opay, Moniepoint and Kuda are grumbling over the implementation of the Electronic Mone

Banks colluding with states to bypass fiscal law — FRC

The Fiscal Responsibility Commission (FRC) has decried the rampant collusion between banks and state governments in violating the provisions of the Fi

Solar panels remain duty-free – Customs

The Nigeria Customs Service (NCS) has said that solar panels still remain one of the items with free import duty. The service made the clarification i

Equity market opens week with N84bn loss

The Nigerian equity market closed the first trading week of September on a negative note with a 0.15% decline, falling from 96,580 points to 96,433 po

DisCos collected N433.01bn from customers in Q2

The revenue of electricity Distribution Companies (DisCos) surged by 48 per cent in the second quarter of 2024, with analysis of data from the factshe