Business

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

eTranzact, EDC move to survey MSMEs’ readiness on AI

A fintech company, eTranzact and the Enterprise Development Centre (EDC) of the Pan Atlantic University, have entered into a partnership to carry out

FBN Holdings divests 100% stake in FBNQuest

FBN Holdings Plc has announced the divestment of its 100 per cent equity stake in FBNQuest Merchant Bank Limited. Following the divestment, it has ent

UPDATED: FG imposes levy on transactions above N10,000 on Opay, Moniepoint, others

The federal government has imposed a deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by custome

CBN sells $20,000 to BDCs at new rate as naira falls

The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureau De Change (BDCs) at the rate of N1,580 to a dollar. Th

Africa, China trade ties hit $280bn – Tinubu

President Bola Ahmed Tinubu has disclosed that “The flourishing Economic Partnership Trade between Africa and China has grown exponentially, reaching