Business

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

Chinese firm to invest $50m in tin, others in Nasarawa

 A Chinese firm, Nizhong Mining Company, has announced that it will invest $50 million in the exploration of tin, lithium and other minerals in Nasara

Senate to get bill for CBN’s N30trn Ways & Means liquidation

A bill to liquidate the outstanding Central Bank of Nigeria (CBN’s) Ways and Means of N30 trillion to “minimise inflationary pressure” in the country

70% windfall tax burdensome, ill-timed – Bank directors

The Bank Directors Association of Nigeria has said while the imposition of this windfall tax appears to be a response to the current economic climate,

Kyari urges military to sustain onslaught against crude oil theft

The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism saying the cu

Coronation Merchant Bank appoints Abiagam acting managing director/CEO

Coronation Merchant Bank, Nigeria’s leading investment bank has announced the appointment of Paul Abiagam as its Acting Managing Director/CEO, effecti