Business

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

Ramadan: FG moves to reduce sugar prices

As part of efforts to reduce the rising prices of sugar, especially in festive periods like the forthcoming Ramadan,  the federal government said it i

MOSOP laments 500,000 bpd loss of crude oil over nonexploration

The President of the Ogoni Socio-Cultural Organisation, the Movement for the Survival of Ogoni People, MOSOP, Fegalo Nsuke, has raised concern over th

2023: Customs made 1,119 seizures valued at N10.4bon in S/West

Authority in charge of the Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service yesterday said it made a total of 1,119 seizures of co

Nigerian Legion to set up microfinance bank

The Nigerian Legion has said it will set up a microfinance bank that would allow its members to access soft loans devoid of the usual commercial banks

Cement prices to remain high in 2024 – Report

A new report by Cardinal Stone has revealed that cement prices in 2024 will remain high despite a slash in prices from BUA cement in October last year