Business

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

InfraCredit appoints Gupta as chairman

InfraCredit, an ‘AAA’ rated specialised infrastructure credit guarantee institution, backed by the Nigeria Sovereign Investment Authority (NSIA, has a

NDIC verifies payment of liquidation dividends to 20 closed banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced verification of depositors of the 22 closed banks for payment of their liquidation divi

Scarcity: Fuel can’t sell below N200 per litre – Marketers

The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, says the only realistic pump p

Nigeria’s eurobond prices rebound in fresh week

Nigeria’s Eurobonds, which ended last week in red with the exception of one, all rebounded on Monday. All of them gained in price, with the September

Banks, MTN, Airtel to collect VAT on their products

The Federal Inland Revenue service (FIRS) has appointed MTN, Airtel and all money deposit banks as VAT collection agents starting from January 2023. F