Business

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

FG targets 1.7m Diaspora Nigerians with housing scheme

The federal government, through the Federal Mortgage Bank of Nigeria (FMBN), says it is working in collaboration with the Nigerians in Diaspora Commis

LCCI asks FG to borrow from cheaper sources, consider deficit financing

The Lagos Chamber of Commerce and Industry (LCCI) has decried the rising debt stock incurred by the government, saying it is becoming increasingly pro

Reps summon NPA, Terminal Operator over N44bn debt ‘owed’ FG

The House of Representatives Public Accounts Committee (PAC) is investigating a $68.473 million (N44 billion) owed to the federal government by the Ni

Only local bread making ingredients can force down price by 50 % – expert

A renowned food technologist, Duro Kuteyi, has called on bakers to embrace locally made bread making ingredients, as a way to force down the price of

NGX records N4.2bn gross earning, N820.2m profit in six months

The Nigerian Exchange Group (NGX Group) has reported Gross Earnings of N4.2 billion for the half-year ended June 30. According to its unaudited result