Business

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

Experts weigh in as FG moves to capture $400m crypto market

Experts have expressed divergent views as the federal government is positioning the country to reap from the cryptocurrency ecosystem. The crypto mark

CBN inconsistent dollar supply holding down naira recovery – BDC operators

Lack of consistency in dollar allocation to the Bureau De Change (BDC) operators by the Central Bank of Nigeria (CBN) is stampeding naira recovery, cu

Heritage Bank: NDIC pays 86% of insured deposits

The Nigeria Deposit Insurance Corporation (NDIC) said Tuesday it has paid 86 per cent of total insured deposits for customers of the recently liquidat

Edo refinery gets operational licence from NMDPRA

THE management of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has issued an operational licence to Edo Refinery and

NNPCL repays 60% of $1bn loan taken to buy stake in Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has successfully repaid 60% of a $1.036 billion loan that it took in September 2021 to finance