Business

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

NNPC meets marketers as CDS, police talk tough on alternative actions

The Nigerian National Petroleum Company Ltd (NNPC) on Tuesday met with marketers and security operatives over the prevailing petrol scarcity and price

Flour Mills of Nigeria earns N1.1tr turnover in 9 months

Flour Mills of Nigeria Plc (FMN) and owner of the iconic brand, Golden Penny, yesterday announced the release of its unaudited nine months of financia

NNPC takes over four oil wells from Addax

The Nigerian National Petroleum Company Ltd (NNPC) says it has taken over the operation of Production Sharing Contract (PSC) for four oil wells from A

Downgrade by Moody’s will cost Nigeria more, as others could follow – Analysts

The downgrade by Moody’s Investors Service of Nigeria’s long-term foreign currency and local-currency issuer ratings could raise the country’s cost of

Nigerians imported N1.8trn of US-used vehicles in 6 years

As Nigeria continues to exist without a law guiding the automotive sector to attract investors and enable citizens to purchase new cars with ease and