Business

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

FG selects 23 managers for $10bn Nigeria Global Investment Fund

The Federal Government of Nigeria has selected 23 fund managers to oversee the $10 billion Nigeria Global Investment Fund (NGIF). According to a prese

PFI has rolled out 90m bags of fertilizer since inception – NSIA

The Nigerian Sovereign Investment Authority (NSIA) has revealed that since the inception of the Presidential Fertilizer Initiative (PFI) It has rolled

Nigeria’s average GDP growth rate has remained negative since 2014 – Okonjo-Iweala

The Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has observed that Nigeria’s Gross Domestic Product (GDP) growth rate

NNPCL expands LNG supply to Japan, China

The Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Deliver

FCMB, stakeholders push to expand Nigeria’s non-oil export

Urgent and bold actions are needed to transform Nigeria’s non-oil sector into the primary driver of economic growth, according to policymakers, financ