Business

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

Reps panel declares Nigeria Air launch fraud, wants officials involved prosecuted

The House of Representatives Committee on Aviation yesterday declared as a fraud the purported launch of Nigeria Air by the Ministry of Aviation towar

Nigeria exported N146bn urea as foreign trade dropped to N12trn in Q1

The total volume of trade between Nigeria and other countries dropped to N12 trillion, year-on-year, in the first quarter of 2023, the National Bureau

ART seeks crude oil swap to clear airlines’ $810m blocked funds

President of Aviation Roundtable and Safety Initiative, Dr. Gabriel Olowo yesterday called on the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele t

Brothers fighting fraud charges in India, flourishing in Nigeria

Nitin Sandesara and Chetankumar Sandesara owners of Sterling Oil Exploration and Energy Production Company (SEEPCO) and Sterling Global Oil Resources

IFC supports BUA with $500m facility to boost Sokoto plant

The International Finance Corporation (IFC) has, alongside its African and European partners, made its largest-ever investment in Northern Nigeria wit