Business

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

Air Peace’s $14m trapped in CBN, 15 aircraft stranded abroad – Chairman

Chairman of Air Peace, Barr. Allen Onyema, yesterday said the airline has about $14million stranded in the Central Bank Nigeria (CBN) in addition to h

SIMS celebrates Africa’s longest Samsung partnership

Foremost consumer electronics company in Nigeria, SIMS Nigeria Limited announced its 30-year anniversary as a trusted partner to Samsung. For three de

Ponzi: SEC seals stockmatch offices over illegal investment activities

In a bid to ensure that unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), yes

N250bn gas expansion fund dormant for 4 yrs – FG

The N250bn National Gas Expansion Programme (NGEP) fund has remained dormant in the Central Bank of Nigeria (CBN) in the last four years over the stri

Glo clocks 20, thanks Nigerians

Telecommunications company, Globacom has lauded the government and people of Nigeria for their support as it celebrates 20 years of  operations.  A pr