Business

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

Spain tops export destination of Nigerian products in Q4,2022

Spain has retained the number one spot for the destination of Nigeria’s product in the fourth quarter of 2022, a report by the National Bureau of Stat

FG ratifies template for free trade agreements

In order to position Nigeria’s huge market to benefit from the African Continental Free trade Area Agreement (AfCFTA), the federal ministry of Industr

NPA revenue hit N361bn in one year

The revenue generation profile of the Nigerian Ports Authority (NPA) has risen from N317 billion in 2020 to N361 billion in 2022. This is even as it’s

Cost of insurance on import to Nigeria drops from $5000 to$960

There are strong indications that the cost of insurance on imports to Nigeria has dropped from $5000 to $960. The Chef of the Naval Staff, Awwal Zubai

Oil production rises to 1.7m bpd – FG

The Minister of Defence, Major General Bashir Magashi has said the onslaught launched against crude oil theft by the Nigerian Navy and other sister se