Business

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

Elumelu to address 2024 ECOWAS mining forum in Cotonou

UBA Group Chairman, Tony Elumelu, would give the keynote address during the opening ceremony of the 4th edition of the ECOWAS Mining and Petroleum For

FMBN seeks recapitalisation, says N2.5bn inadequate

The Federal Mortgage Bank of Nigeria says it is currently working with the National Assembly and relevant bodies to raise the capitalisation of the ba

Unemployment rate increases to 5% in Q3 2023

The National Bureau of Statistics (NBS) has stated that Nigeria’s unemployment rate has increased to 5.0 per cent in the third quarter of 2023 from th

Spiro expands to Nigeria, pioneers EV motorbikes in Ogun

Spiro, Africa’s largest electric vehicle (EV) player, has announced its expansion into Nigeria, introducing innovative electric bikes and advanced bat

Fuel queue in Abuja, Lagos; FG, NARTO meeting deadlocked

The federal government’s last minute intervention has not yielded results yet as Long queues surfaced in some filling stations in Lagos and Abuja on M