Business

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

5,000 debtors owe FG N5.2tr – Finance Minister

Recovers N53.2bn from debtors   By Philip Shimnom Clement   Worried by the dwindling revenue challenges, the federal government has said 5,0

MTN gets final approval for MoMo Bank

Telecom giant, MTN Nigeria has received final approval from Nigerian regulators to run a payment service bank, the wireless carrier said in a regulato

First Bank revises operating hours

First Bank of Nigeria has revised operating hours for its branches. According to a publication on the website of the tier 1 bank, some branches are to

30 tertiary institutions compete for N950m CBN grant

The Central Bank of Nigeria (CBN) has shortlisted 30 tertiary institutions across the country to partake in its Maiden Tertiary Institutions Entrepren

Family Homes to provide 2,754 houses for low income families in 6 states

Family Homes Funds Limited (FHFL) has announced an investment of over N19.9 billion across six states in Nigeria for the development of 2,754 homes fo