Business

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

Nigeria loses N8trn annually to waivers, concessions – Reps

The House of Representatives Ad-Hoc Committee on the Review of Tax and Export Incentives, Waivers and Exemptions has said Nigeria loses about N8 trill

FHA completes abandoned N8bn mall

The Federal Housing Authority (FHA) on Tuesday in Abuja unveiled an N8bn shopping mall in Gwarinpa Estate, noting that the abandoned project was compl

Table water producers seek legislation against illegal production

The Association of Table Water Producers of Nigeria (ATWAP) said it is engaging with the House of Representatives committee on Food Drugs Administrati

Dangote signs $400m equipment deal for refinery expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufactur

Market expects improved FX liquidity as 82 recapitalised BDCs get $150,000 weekly

Expectations of improved foreign exchange liquidity have strengthened across Nigeria’s financial markets following the decision of the Central Bank of