Business

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

Customs, NMDPRA move to combat fuel diversion

The Nigeria Customs Service (NCS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have launched a joint operation to

Detty December: Tourism revenue threatened by rising costs – Operators

Nigeria’s fast-growing yuletide tourism economy, popularly branded as Detty December, is facing increasing pressure from rising operating costs, weak

FG fails to release $700m cabotage fund, 9 months after

The Federal Government of Nigeria has failed to release the $700 million Cabotage Vessel Financing Fund (CVFF) despite the expiration of its disbursem

Dangote launches N1trn education fund to support students

Nigerian industrialist Aliko Dangote yesterday launched a N1 trillion education fund aimed at reducing financial barriers that drive millions of young

Nigeria’s crude oil output rises to 1.436mbdp

Nigeria’s crude oil production rose slightly in November to 1.436 million barrels per day (bpd), up from 1.401 million bpd in October, according to th