Business

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

Nigeria loses $182,200 per shipment to maritime crime – MACN

Nigeria loses about $182,200  (N270.567 million) on each shipment of cargo into the country to maritime crime. This is according to data obtained from

WIOCC brings $41m digital infrastructure investments into Nigeria, S/Africa, DRC

A $41million financing package announced on Thursday from IFC, Proparco and RMB for digital infrastructure provider WIOCC Group will fund WIOCC’s expa

NEMSA mulls electricity offences tribunal

The Nigerian Electricity Management Services Agency (NEMSA) says it is currently proposing a tribunal for offences relating to electricity sector as p

India slams $2.25m fine on Binance amid ongoing trial in Nigeria

The world’s largest crypto exchange, Binance, has been hit with a fine of 188.2 million rupees ($2.25 million) by India’s Financial Intelligence Unit

More stakeholders back auto industry summit

As momentum gathers for the maiden edition of the Nigeria Auto Industry Summit (NAISU) scheduled to hold at Radisson, Lagos, GRA, Ikeja on June 27, 20