Floating Nigeria Air contempt of court, operators tell Buhari
Airline operators have asked President Muhammadu Buhari to halt the planned floating of Nigeria Air before his exit from office. The Airline Operators
Business
All the recent business news in Nigeria, economy and industry updates.
SMEs cluster protest blackout, accuses DisCo of ruining businesses in Kano
A cluster of Small and Medium Enterprises (SMEs) in Kano has protested 15 days of total blackout following their disconnection from their power source
GCR affirms A-(NG) and A2 (NG) rating to Sundry Foods Limited
Leading Foods Services Company in Nigeria, Sundry Foods Limited (SFL) has been accorded the national scale long-term and short-term Issuer ratings of
CBN revokes licences of 179 microfinance banks, 4 mortgage banks, others
The licences of 179 microfinance banks, four primary mortgage banks and three finance companies have been revoked by the Central Bank of Nigeria, CBN.
CBN raises interest rate to 18.5%, highest in 22 years
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted by a majority vote to hike the Monetary Policy Rate (MPR) further by 50