Business

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

Entrepreneurship development – What should our governments be boing? (VI)

To conclude this series, we will today take up what I consider as the most important measure that government and us as individuals…

Domiciliary accounts: CBN lifts restriction on cash deposit, allows $10k daily withdrawals

The Central Bank of Nigeria (CBN) has said cash deposits into domiciliary accounts will no longer be restricted. The apex bank said this in guidance t

Devaluation: South African displaces Dangote as Africa’s richest man

South African businessman, Johann Rupert, has displaced Nigerian billionaire and founder of the Dangote Group, Aliko Dangote as Africa’s richest man a

How Benin Republic is feeling heat of Nigeria’s subsidy removal

Sitting on top of a yellow jerry can of fuel, Jeannine waits for customers on a sidewalk in Benin’s economic capital Cotonou, but business is slow. Th

Nigeria’s debt profile to hit N81 trillion following Fx rates unification

Nigeria’s debt profile has jacked up to N81 trillion following the latest Naira devaluation by the Central Bank of Nigeria (CBN). Daily Trust reports