Business

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

Tinubu commends Dangote Group over new gantry price of diesel

President Bola Tinubu has commended Dangote Oil and Gas Limited for reducing the gantry price of Automotive Gas Oil (AGO), also known as diesel. Dango

Nigeria’s FX reserves dip by over $2bn in one month, lowest in 6 years

Nigeria’s foreign exchange (FX) reserve has plunged by approximately $2.16 billion in 29 days, amidst the Central Bank of Nigeria’s (CBN) robust effor

Naira appreciation will impact inflation within six months — Teriba

The chief executive of Economic Associates, EA, Dr Ayo Teriba, has said the recent Naira appreciation will impact the country’s inflation between thre

Illegal operation: NCAA begins re-evaluation of 100 private jets

Private jet operators have been given 72 hours to submit relevant documents for re-evaluation by the Nigeria Civil Aviation Authority (NCAA). This fol

Nigeria can grow annual GDP by 12% – NIPPS DG

The Director General of the National Institute for Policy and Strategic Studies (NIPPS), Prof. Ayo Omotayo, said the Nigerian economic growth rate can