Business

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

FMBN seeks capital base increase to N500bn

The Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Madu Hamman, has stressed the need to increase the bank’s capital base to a mini

Why SSB taxes should be raised to N40 – CAPPA

The federal government has been urged to raise the taxes payable on Sugar Sweetened Beverages (SSBs) from six per cent or N10 per litre to N40 per lit

Dangote Refinery receives second 1m barrels of crude

Dangote Refinery has made a further move towards the commencement of production of refined petroleum products with the receipt of additional one milli

FCCPC grew IGR from N154m to N56bn in 6 years – Irukera

The Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), Barr. Babatunde Irukera, has said the commission ha

88% of Nigerians self-employed – NBS

The National Bureau of Statistics (NBS) has stated that 88 per cent of employed Nigerians were primarily self-employed in the second quarter of 2023.