Business

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

Aviation fuel sells above N500 despite interventions

Despite intervention by the Nigerian National Petroleum Company Limited (NNPCL) and the House of Representatives, aviation fuel or Jet A1 has continue

‘$1.5bn W/Bank loan to states, FCT yielding results’

The World Bank’s $1.5 billion loan for states and the Federal Capital Territory (FCT) is adding to economic viability, said the National Coordinator o

Clearing agents may shut seaports today over 15% levy on used vehicles

Port operators are in a fix as they fear that members of the Association of Nigerian Licensed Customs Agents (ANLCA) may shut down the seaports today

Trade minister approves insolvency regulations

The Corporate Affairs Commission (CAC) has revealed that the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo has approved the Insol

Banking sector overstretched with govt borrowings – NESG

The chief executive officer of the Nigeria Economic Summit Group (NESG), Mr Laoye Jaiyeola, is worried that the banking sector is being overstretched