Business

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

N271.9bn goods unsold in first half of 2023 – MAN

The Manufacturers Association of Nigeria (MAN) has stated that unsold inventories in the manufacturing sector increased to N271.96bn in the first half

Shettima: Nigeria’s economy to pick up in 15 months

Vice President Kashim Shettima has tasked local and foreign investors to make Nigeria their investment hub as he declares President Bola Ahmed Tinubu’

Tinubu’s Nigeria reform drive faces reality check

Nigerian President Bola Tinubu’s push to reshape Africa’s biggest economy appears to be a case of too far, too fast. Four months after he took office,

FG rules out fresh taxes in aviation, targets N250m monthly from tollgates

Minister of Aviation and Aerospace Development, Mr Festus Keyamo, yesterday said the plan to improve the revenue generation by aviation agencies was n

Fx shortage: foreign suppliers reject letters of credit from Nigeria

Over two weeks after the Central Bank of Nigeria promised to clear over $10bn foreign exchange debts owed to the Deposit Money Bank, local manufacture