Business

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

Subsidy palliative: FG to pay N5,000 to 10m households for 6 months

The federal government will pay N5,000 to 10 million households for six months as palliative for removing petrol subsidy after June. Daily Trust repor

FG moves to remit N348bn foreign airlines trapped funds

There are indications that the Federal Government of Nigeria may have commenced clearing part of the $750 million (about N348.3 billion) foreign airli

Sallah: How tailors battle to meet targets

As the Ramadan fasting is gradually getting to an end, Muslim faithful are in preparatory mood to celebrate the end of the holy month of Ramadan with

Analysts tackle W/Bank over call for Nigeria to remove ‘barriers’ on import, forex

Analysts have disagreed with the World Bank Group President, David Malpass, over calls for the incoming Nigerian president, Bola Ahmed Tinubu, to tack

Over 2m businesses die in Nigeria in 5 years – SMEDAN

The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Olawale Fasanya has said that over two million businesses i