Business

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

Insider abuse threat to banking system – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) on Thursday said there was an urgent need to tame insider abuses and financial malpractices in banks

Market cartels, transport cost behind rising food prices – FCCPC

The Federal Competition and Consumer Protection Commission (FCCPC) has blamed the rising food prices in the country on market cartels and transportati

FG settles IOCs/domestic refiners’ crude supply dispute

The federal government, through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), has resolved the supply dispute between international oi

Nigeria Infrastructure Fund records 18.02% increase in return

The Nigeria Infrastructure Debt Fund (NIDF) on Thursday announced a quarterly distribution—for the second quarter ended June 30, 2024—of N4.27 per uni

N27trn Ways and Means still a major challenge – Cardoso

The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, yesterday lamented that the country is currently suffering the consequences of the N27 tr