Business

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

FG launches maiden freight train service to Dala Inland Dry Port

The federal government has officially launched a freight train service from APM Terminal in Apapa Lagos to Dala Inland Dry Port in Kano. The minister

Naira depreciates against dollar at official market

The Naira on Friday recorded loss at the official market, trading at N1,483.99 to the dollar. Data from the official trading platform of the FMDQ Exch

N318bn waivers, concessions affected our revenue – Customs

The Nigeria Customs Service (NCS) has stated that despite surpassing its projected target by realizing N1.34 trillion as revenue in the first quarter

Airtel Africa to pay N276bn dividend despite posting N133bn loss

Airtel Africa is to pay N276 billion as 2023 final dividend despite posting a net loss of $89m (N133bn) for the year ending March 31, 2024. This was c

Telecom sector’s decline threatens economic growth, experts warn

Economic experts and stakeholders in the telecom industry have warned that the sector’s decline could have far-reaching consequences for the Nigeria’s