Business

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

Smugglers forfeit N3bn vehicles in 9 months despite ban

Smugglers are reportedly adopting new measures to sidestep government’s crackdown on importation of vehicles through the land borders despite the exis

How naira scarcity, devaluation, inflation, others dominated economy in 2023

The year 2023 was a challenging year for the global economy as inflation, rising interest rates, tight labour markets and geopolitical shocks hit fore

Toyota’s Daihatsu halts all domestic production

Daihatsu, a Toyota-owned Japanese automaker, has halted all domestic manufacturing due to a significant safety testing scam. The company, which employ

Airtel Africa customers hit 150m

Airtel Africa has said it has registered its 150 millionth customer. “Airtel Africa is very proud to give millions of people access to reliable and hi

Nigerian startup secures patent for blockchain tech product

A Nigerian startup, Hyperspace Technologies Limited, has secured its second patent and trademarks for its blockchain-integrated contactless product au