Business

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

World Bank disburses N362bn to states under STFAS

The World Bank says the sum of $871m has been distributed to states in Nigeria under its States Fiscal Transparency, Accountability and Sustainability

7Star gets NCAA’s nod on Dana’s MD83 aircraft 3C-checks

to create 1,500 jobs The Nigerian Civil Aviation Authority (NCAA) has given approval to 7Star Global Hangar Limited, an indigenous Maintenance, Repair

How CBN kept interest rate at 5% for 3yrs for interventions

The Central Bank of Nigeria (CBN) has extended the interest rate forbearance it grants to borrowers of some of its intervention funds by one year. The

NDIC eliminates delay in depositor reimbursement with new platform

The Nigeria Deposit Insurance Corporation (NDIC) said it has developed a Single Customer View (SCV) platform to be deployed to microfinance banks (MFB

We lost N623bn to oil vandals from Jan to date – Kyari

The Group Managing Director of Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari has lamented the negative impacts of the activities of oil v