Business

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

Whistleblowing: Fidelity Bank exonerates NIMASA DG

Fidelity Bank has cleared the air over an alleged lodgement of funds in an account belonging to the Director General (DG), Nigeria Maritime Administra

UPDATED: Mr Eazi ‘reportedly’ sells portfolio company, Vydia, for $1bn

Zagadat Capital, the venture capital fund of popular Nigerian singer, Mr Eazi, has earned $1bn in a secondary buyout of its portfolio company, Vydia.

Nigerian experts executing half of N2.3trn NLNG Train7 project – NCDMB

Nigerian professionals and indigenous firms are executing 50 per cent of the Train7 project of the Nigerian Liquefied Natural Gas (NLNG) Limited value

No piracy case in Nigeria so far, NIMASA woos Norway

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, said Nigeria has not recorded any piracy case in i

$800m petrol subsidy palliatives not sustainable – Experts

By Philip Shimnom Clement (Abuja), Abiodun Alade & Abdullateef Aliyu (Lagos)   More stakeholders are calling for the halt in the $800 million