Business

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

Nigeria dollar bonds suffer huge setback after raid on Dangote

Nigeria’s dollar bonds maturing 2025 have fallen for seven consecutive days for their longest, losing streak since September. According to Bloomberg,

Despite $2.2bn Afreximbank’s inflow, naira continues to depreciate

Despite recent efforts by the Central Bank of Nigeria (CBN) to bolster the foreign exchange market through interventions, the currency’s downward tren

December inflation to set new record – Report

A report by the Financial Derivative Company has projected Nigeria’s inflation to rise to 28.7 per cent in December. The report stated that the figure

IsDB, others earmark N4bn for milk collection centres in Kano

Kano State Agro-Pastoral Development Project (KSADP), funded by the Islamic Development Bank (IsDB) and the Lives and Livelihood Fund (LLF), has award

Customs to launch e-auction platform next week

The Nigerian Customs Service has revealed that as part of efforts to boost transparency in its auctioning process, it will be launching an electronic