Business

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

Dispute over Arik Air’s CRJ1000 deepens

There is no end in sight to the controversy over the sale of Arik Air CRJ1000 aircraft alleged by the founder of the airline, Sir. Arumemi-Johnson. On

PenCom, operators move to onboard 49m informal workers on micro pension

The National Pension Commission Pension Fund Operators Association of Nigeria and other pension fund administrators say they are currently deploying d

Nigeria moves to exit list of countries prone to money laundering

The Nigerian Financial Intelligence Unit (NFIU) has disclosed plans to remove the country from the grey list of the global Financial Action Task Force

Oil price trades below $80 as EIA loses 3.8 million barrels

Crude oil prices traded lower to $80 per barrel in the international market after the US Energy Information Administration reported an inventory decli

KEDCO, Kano water board collaborate on customers’ living standards

The Kano Electricity Distribution Company (KEDCO) and Kano State Water Board have reached an agreement to collaborate towards upscaling the living sta