Business

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

Kwara Gov. seeks to jack up 2024 budget by N200bn

Governor AbdulRahman AbdulRazaq has sought the approval of the Kwara State House of Assembly to increase the 2024 budget by N200 billion. The move wil

Meta bans 63,000 accounts belonging to ‘Yahoo Boys’

Meta, the parent company of WhatsApp, Facebook and Instagram, has announced the removal of 63,000 accounts connected to ‘Yahoo Boys’, that were attemp

First Bank/Visa promo to reward 520 cardholders

First Bank has unveiled its continuous Visa Cross Border and Summer campaign in partnership with Visa. The campaign, which commenced on April 1, 2024,

Forex: Reps pass bill to impose ‘Windfall tax’ on banks

The House of Representatives on Tuesday passed a bill seeking to impose ‘Windfall tax’ on commercial banks that benefited from the Central Bank of Nig

Customs rakes in N80bn from Lagos Airport cargo terminal

The Murtala Muhammed Area Command of the Nigeria Customs Service (NCS) has generated N80,351,299,068 as duty in the first six months of 2024. The figu