Business

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

Ramadan: Prices of rice, maize, beans rise

Faruk Shuaibu; Dotun Omisakin, Lagos; Magaji lsa Hunkuyi, Jalingo and Ahmad Datti, Kano     As Muslims across Nigeria prepare to begin the h

Relief for freight forwarders as Customs retains license fees

The Nigeria Customs Service (NCS) has retained the old license fees for freight forwarders, bringing relief to operators in the industry. This decisio

E-Invoicing to become mandatory by January 2028 – NRS

The Nigerian Revenue Service (NRS) has said the country’s transition to mandatory electronic invoicing (e-invoicing) will be completed by January 2028

NGX All Share Index slips 0.49% as investors lose N590bn

The Nigerian equities market reversed its recent positive streak on Tuesday, as the All-Share Index declined by 0.49% to close at 189,321.24 points, t

Neimeth profit hits N1.5bn, advocates patient capital

Neimeth Pharmaceuticals Plc has returned to strong profitability, posting a Profit Before Tax of N1.48 billion for the financial year ended December 3