Business

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

52 vehicle assembly plants shut down

There are growing concerns in the automotive industry as most of the assembly plants approved by the federal government have shut down leaving just a

NSITF workers kick as mgt begins deduction from salary

Members of staff of the Nigeria Social Insurance Trust Fund (NSITF) have protested management’s decision to deduct parts of their salary using a schem

Nigeria Air: Mixed reactions over planned aircraft lease

…3 aircraft may gulp N150m monthly Mixed reactions have trailed the proposed plan by the federal government to start the national carrier, Nigeria Air

Obasanjo: I’m already sweating over high cost of diesel

A former President, Olusegun Obasanjo on Tuesday lamented high cost of diesel, feeds as well as exchange rate crisis as it affects fish production in

FMBN targets N285bn contribution to National Housing Fund

The Federal Mortgage Bank of Nigeria (FMBN) has disclosed plans to increase the contribution to National Housing Fund to N285bn in 2024. The Chairman,