Business

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

We are being targeted unnecessarily – Abuja BDC operators

Bureau de Change (BDC) operators in the popular Zone 4 business area of Abuja have been operating partially. Daily Trust had reported how the Federal

MTN Nigeria incurs N740bn forex losses

A loss before tax of N177.8 billion has been reported by MTN Nigeria Plc. Since it became a quoted company in Nigeria, this is the company’s first-eve

FG slams $10 billion fine on Binance

The Federal Government has slammed a $10 billion fine on the widely-used cryptocurrency trading platform, Binance. Bayo Onanuga, the Special Adviser o

FG eyes N30.4trn from Abuja Tech City

The federal government says it is hoping to make about £16billion (N30.4 trillion) from the establishment of the proposed Abuja Technology City, the M

Poor electricity supply will soon be over – Minister

The Minister of Power, Adebayo Adelabu, has urged Nigerians to be patient with the current power situation, promising to find a solution to it. Speaki