Business

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

FG’s interest servicing on debt to gulp 36% of revenue in 2024 – Moody’s

Global ratings agency, Moody’s, has stated that Nigeria’s interest spending on debt might consume up to 36% of the federal government’s revenue in 202

Minister presents gold bars to president Tinubu, says sector will boost naira value

The Minister of Solid Minerals Development, Dr. Dele Alake has commended President Bola Ahmed Tinubu for supporting reforms in the solid minerals sect

InfraCredit secures AfDB’s $15m facility to support infrastructure financing in Nigeria

InfraCredit, an ‘AAA’ rated specialised infrastructure credit guarantee institution, has announced the successful completion of a $15 million subordin

Aiteo begins production at OML 29 in Bayelsa after oil leak

Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture, has announced the resumption of production at Oil

How Kenya’s new tax package sparked protests against government that vowed to reduce cost of living

The streets of Kenya have been marred by protests after lawmakers approved tax increases that are even unpopular with supporters of the president, who