Business

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

EXPLAINER: Four ways New Monetary Rate can affect you

The Central Bank of Nigeria on Tuesday hiked the Monetary Policy Rates (MPR) from 13% to 14%.

Buhari unveils NNPCL, firm to expand retail outlets to 1,500 units

President Muhammadu Buhari has unveiled the Nigerian National Petroleum Company Limited (NNPCL) just as the new firm will expand its retail outlets to

Petrol price finally raised above N165 per litre

The price of petrol has finally been raised above N165 per litre across the regions of the country.

CBN’s RT200 rebate spurs $2.4bn inflows from non-oil exports

Non-oil exporters have ramped up the repatriation of export proceeds through the Investors and Exporters (I&E) window of the foreign exchange (for

NASS, EFCC, MDAs do not remit taxes – Oyedele

Fiscal Policy Partner and Africa Tax Leader at PwC, Taiwo Oyedele, has said Ministries, Departments and Agencies (MDAs) of government do not remit wit