Business

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

Why Dangote refinery needs to sell fuel to depot owners, marketers in naira – Oshoma

A lawyer and energy consultant, Liborous Oshoma, has urged the Dangote refinery to sell fuel to depot owners and other marketers in local currency to

Why windfall tax on banks should not dampen investor appetite – Experts

The yet-to-be-signed one-time 70% windfall tax on the realised FX gains of banks in 2023 has been a source of significant controversy in the Nigerian

CBN approves merger of Unity, Providus banks

The Central Bank of Nigeria (CBN) has approved a pivotal financial accommodation to support the proposed merger between Unity Bank and Providus Bank.

Naira appreciates against dollar at official market

The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading platform of the FMDQ Exchan

Fubara signs executive order to establish state investment promotion agency

Rivers State governor, Sir Siminalayi Fubara, has signed an Executive Order to establishment an investment agency that will coordinate business intere