Business

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

Airlines’ revenues to reach $996bn in 2024 – IATA

The International Air Transport Association (IATA) yesterday announced strengthened profitability projections for airlines in 2024, saying total reven

Heritage licence withdrawal: NDIC begins payment of insured deposit

Following the revocation of the banking licence of Heritage Bank Plc by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (

Tax committee proposes 1 per cent revenue collection fees

The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) has proposed a one per cent tax collection fees by firms and consultants who collect

Oil prices slump as OPEC+ plans to start unwinding cuts

Oil prices slid Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later this year, with softer-than-

NDIC begins payment process of Heritage Bank customers

Following the revocation of the banking licence of Heritage Bank Plc by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (