Business

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

Nigerian Stocks extend bearish run with 251.74bn loss

The Nigerian equity market extended its bearish trend yesterday for the third time since the beginning of the week with investors losing another N251.

States hiding details of N9bn palliative funds – CODE

The Connected Development (CODE) has said that many state governments across the country are frustrating the disbursements of the federal government N

Olam secures $625m Sharia-compliant facility

The Olam Group Limited (Olam Group), yesterday, said that its food, feed and fibre operating group, Olam Agri, has secured a commodity, Murabaha, from

Tax holiday will boost maritime sector – Rewane

Finance experts have called on the federal government to introduce tax holidays in the maritime sector to boost investment. The Managing Director of F

We’ve paid 95% of staff declared redundant in 2017 – Aero Contractors

Nigeria’s oldest airline, Aero Contractors, yesterday, said it has paid 225 of 237 staff declared redundant in 2017. The airline also stated that it c