Business

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

FG moves to expand deep blue project

The Federal Ministry of Marine and Blue Economy has unveiled plans to expand the Integrated National Security and Waterways Protection Infrastructure,

‘70% of refined fuels in Africa imported’

Africa Finance Corporation (AFC) has stated that Africa will require at least two more refineries in Dangote refinery’s category to meet rising fuel d

Explainer: What you need to know as NGX extends trading window

Last Friday, the Nigerian Exchange Limited (NGX) announced the extension of its daily trading hours to 4:00 p.m., marking a major shift aimed at impro

Telcos suffer 1,883 fibre cuts in three months

More than 1,883 cuts were made to telecommunications operators’ fibre optic cable between January and March 2026, disrupting data services in across t

Nigeria’s tax-to-GDP ratio too low – FirstBank MD

The Managing Director/Chief Executive Officer of First Bank of Nigeria, Olusegun Alebiosu, has raised concerns over Nigeria’s low tax-to-GDP ratio whi