Business

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

Galaxy Backbone to open N/East office Sept

The North East zonal office of Galaxy Backbone Limited, Nigeria’s broadband company, is ready for take-off in Gombe State next month. The Minister of

Endeavor Nigeria hosts 4th Entrepreneurship Summit

Endeavor Nigeria, a community of high-impact entrepreneurs in Nigeria, has announced that its 4th annual scaleup entrepreneurship summit, Catalysing C

NCAA threatens to ground airlines over N24.3bn debts

  The Nigerian Civil Aviation Authority (NCAA) has accused the Nigerian local airlines of a deliberate attempt to cripple its operations by refus

Fidelity Bank acquires Union Bank UK

Fidelity Bank Plc has entered into a binding agreement to acquire a 100 per cent equity stake in Union Bank UK Plc. The bank said this in a corporate

Dangote to save forex through 40% sugar import substitution

Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 per cent, thus paving the way for the