Business

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

Lagos innovation bill proposes tax holiday, waiver for start-ups

The Lagos Commissioner for Innovation, Science and Technology, Olatubosun Alake, has revealed that the proposed Lagos innovation policy will spur econ

Stakeholders applaud smooth start of Hajj flights

As the 2024 airlift of Muslim pilgrims to Saudi Arabia commences, stakeholders and pilgrims have commended the airport authorities for the smooth cond

UPDC declares 177% income growth

UPDC, a foremost real estate firm and subsidiary of UAC, has declared 177% income growth resulting from placement of excess cash generated particularl

Two years after, $1.2bn ExxonMobil, Seplat deal takes off

NNPCL has announced the signing of a settlement agreement involving ExxonMobil’s divestment of its stake in MPNU to Seplat Energy. The Nigerian Nation

Nigeria’s growth rate to increase to 4.4% in 2025 – AfDB

The growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent in 2023 to 4.2 and 4.4 per cent in 202