Business

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

High electricity cost affecting building materials – Electrical engineers

The Nigerian Institute of Electrical and Electronic Engineers (NIEEE) has lamented the high cost of electricity in the manufacturing sector which it s

Nigeria targets $2.6bn shea market

The Executive Director of the Nigeria Export Promotion Council (NEPC), Nonye Ayeni says Nigeria is currently positioned to be a major exporter of shea

Nigeria Cassava Growers Association (NCGA)

Ghana’s Central Bank has announced the suspension of foreign exchange license of Guaranty Trust Bank and First Bank for one month, effective March 18,

Nigeria losing $200m for abandoning cassava plan – NCGA

The Nigeria Cassava Growers Association (NCGA) has stated that Nigeria loses more than $200m annually for not implementing the plan that would have se

InfraCredit, ATIDI sign N37bn pact for infrastructure funding

InfraCredit and the African Trade & Investment Development Insurance (“ATIDI”) have signed a counter-guarantee agreement on a portfolio risk shari