Business

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

5 firms shortlisted for Lagos-Ibadan, Warri-Itakpe E-ticketing

The Nigerian Railway Corporation (NRC) has shortlisted five firms out of 24 that bid for the electronic-ticketing solutions for Lagos-Ibadan and Warri

Nigeria’s tax to GDP ratio lowest globally – Osinbajo

Vice President Prof. Yemi Osinbajo has said Nigeria’s tax to Gross Domestic Products (GDP) ratio is the lowest in the world at 8 per cent. Osinbajo wh

Gerawa’s 420 tons rice mill worth N15bn commissioned in Kano

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has commissioned a 420 metric tons per day mega rice mill in Kano State constructed by

Bayelsa, Sterling, others sign $5m pact for drone technology drug supplies

Bayelsa State government has signed an agreement with a consortium comprising Zipline Global Leaders, Sterling Bank, Health Spaces and DrugStoc for th

AFEX reopens N100bn funding series to bolster Africa’s agro-processors

Nigeria’s first private sector commodities exchange and leading commodities market player, AFEX, has announced the reopening of its $240m (100bn) Asse