Business

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

FG gives N20,000 grant to 11,227 beneficiaries in Benue

The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has flagged off cash grants to 11,227 beneficiaries selected

FG seeks investors for 7 offshore oil blocks, 15 years after

The federal government has offered seven deep offshore oil blocks for a mini bid round as it shops for investors globally, 15 years after it offered 4

CBN raises cash withdrawal limit to N500,000, N5m weekly

The Central Bank of Nigeria (CBN) has made an upward review of its cash withdrawal limit directive 15 days after issuing the policy as individuals can

Buhari writes Senate, to restructure N23.7tr Ways & Means

President Muhammadu Buhari has forwarded to the Senate a request for approval of the restructuring of N23.7trn Ways and Means advances given the feder

Finance bill: FG adds 0.5% fee to duty for goods imported outside Africa

The federal government in the 2022 Finance Bill will add a 0.5 per cent fee to import duty for all goods imported outside Africa and will use the proc