Business

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

FG yet to disburse N420bn Cabotage fund 10 months after directive

There seems not to be an end to the delay in the disbursement of the over $350 million (about, N420 billion) Cabotage Vessel Financing Fund (CVFF) mon

Nigeria gets biggest share of $5m tech startup investment in Africa

Nigeria is now a top destination for tech startups with the biggest share of $ 5 million investments in African tech startups in 2022, the Minister of

Niger to establish agric dev’t fund to boost agro-business

Niger State Government has said that it will establish Agric Development Fund to provide incentives to encourage youth in agro-business. Governor Moha

Nigeria has world’s largest electricity deficit – British High Commissioner

The British High Commissioner to Nigeria, Richard Montgomery has said Nigeria has the world’s largest electricity deficit that affects 90 million of i

Infrastructure Bank targets N1trn funding for Nigeria’s infrastructure sector

The Infrastructure Bank (TIB) says it is targeting a capital mobilization of N1 trillion for Nigeria’s infrastructure space in the next five years. Ac