Business

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

Otedola announces support for windfall tax, urges banks to curb private jet expenses

The Chairman of FBN Holdings and acclaimed strongman of the financial and capital markets, Femi Otedola has thrown his weight behind the implementatio

Aminu Umar appointed 1st African director on the board of International Chamber of Shipping

The President of the Nigerian Chamber of Shipping, Aminu Umar, has been appointed as the first African director on the board of the International Cham

Fitch revises Benue outlooks to positive

Fitch Ratings has revised the outlook on Benue State’s Long-Term Issuer Default Rating (IDR) to positive from Stable and affirmed the IDR at “B-“. Fit

Dollar surpasses N1600 at official market

The depreciation of the naira has continued as the local currency surpassed N1,600 at the official rate, Daily Trust can report. The US Dollar closed

N/Assembly raises ways and means advance to 10%

Re-enacts 2024 appropriation act of N35trn The two chambers of the National Assembly yesterday passed a bill to raise ways and means advances to 10 pe