Business

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

We’ll explore $7trn potentials in blue economy – Oyetola

The Minister of Marine and Blue Economy, Adegboyega Oyetola says the federal government will explore the potentials of the marine and blue economy, wh

JP Morgan puts Nigeria’s fx reserves at $3.7bn

American multinational financial services firm, JP Morgan has estimated Nigeria’s FX reserve to be around $3.7 billion as of the end of 2022. The bank

Benin, Niger, Togo owe Nigeria N132.2bn energy bills in 4 years

Foreign customers in Benin, Togo and Niger have failed to pay over N132.2bn worth of electricity bills supplied to them by Nigeria from 2018 to the fi

How to tackle ‘japa’ syndrome in ICT – Firm

Tackling the drain of highly skilled IT professionals, locally referred to as the ‘japa syndrome’, requires discovering, equipping and training self-m

CBN brings back BDC, introduces new operational mechanism

In a significant shift that marks the re-entry of Bureaus de Change (BDCs) into the country’s foreign exchange market, the Central Bank of Nigeria (CB