Business

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

More woes for passengers as NCAA slams fresh suspension on Max Air

About two weeks after resuming operation, Max Air, one of the nation’s domestic carriers, has suspended its operation again. The suspension, it was le

PWDs demand VAT reversal to 5%, stoppage of tariff hikes

The Accelerate Disability Inclusion in Emergencies (ADIE) Forum has urged the federal government to reverse the Value Added Tax (VAT) from 7.5 per cen

FG raises N312.5bn from bond

The Debt Management Office says investors subscribed N312.56bn for the N350bn bond subscription it recently announced. The DMO in a statement yesterda

$3.4trn AfCFTA economy: LCCI inaugurates regional integration trade c’ttee

The Lagos Chamber of Commerce and Industry (LCCI) has inaugurated the ECOWAS/AfCFTA Regional Integration, Trade & Investment Committee (EARI-TIC).

MTN to sell minority stake in $5.2 billion fintech unit to MasterCard

MTN Group Ltd said MasterCard Inc. agreed to take a minority stake in its financial-technology business, which the company values at $5.2 billion. The