Business

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

Nigeria to get three-wheeler electric vehicle

A finance firm, Independent Capital, has announced its plans to launch a three-wheeler electric vehicle (e-trike) in Nigeria next year. This is coming

Nigeria’s earnings from oil exports to shrink in 2024 — CBN

The Central Bank of Nigeria (CBN) on Thursday said the country’s earning from oil exports is expected to shrink in 2024. CBN governor, Olayemi Cardoso

‘Subsidy is gone’, FG dismisses World Bank’s claim

The Federal Government has said contrary to the claim by the World Bank that government is still paying subsidy on petrol, the era of petrol subsidy i

CBN suspends new request for intervention loans

The Central Bank of Nigeria (CBN) has announced the suspension of new loan applications under its intervention programme. The announcement was communi

FG budgets N33.1bn for railway projects

To build Lekki-Ijebu Ode, Badagry-Apapa rails   The federal government in the 2024 budget made a provision of N33.1bn for various railway project