Business

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

FCMB shareholders raise issued capital to N150bn

FCMB Group Plc shareholders have approved an increase in issued share capital from N9,901,355,390.50 to N19,802,710,781.00 and authorised a N150 billi

BIPC to secure $10m for agro commodities hub, mass housing

The Benue Investment and Property Company Limited (BIPC) has activated modalities to secure $10 million through Shelter Afrique to build 500 mass hous

Railway company to advance operations through tech innovations – MD

The Managing Director of the Railway Property Management Company Limited (RPMCL), a subsidiary of the Nigerian Railway Corporation (NRC),  Mr Timothy

FG targets N6.6trn petrol import savings yearly from CNG usage

The Presidential Compressed Natural Gas Initiative (PCNGi) has revealed that it expects to convert about one million vehicles to CNG which would save

Customs targets seamless revenue collection through trade modernisation

The Nigeria Customs Service (NCS) has announced that the Trade Modernisation Project (TMP), if fully deployed, will enhance seamless revenue collectio