Business

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

FG moves to drive high-speed rail infrastructure

The Federal Government has constituted a committee to drive the development of high-speed rail infrastructure in Nigeria, as part of efforts to modern

NRC tests additional Thursday trips on Lagos–Ibadan corridor

The Nigerian Railway Corporation (NRC) has commenced a trial expansion of services on the Lagos–Ibadan Train Service (LITS), introducing additional tr

NDIC to conclude final liquidation on 89 failed microfinance banks, others

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation of 89 failed microfinance banks (MFBs) and pr

N516bn green bond underway – FG

The federal government has stated that it has concluded plans to issue a fourth green bond worth N516 billion soon, as part of efforts to boost climat

FG tasks NEMSA on increased revenue generation

 The federal government has urged the management of Nigerian Electricity Management Service Agency (NEMSA) to increase its revenue generation and exit