Business

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

Reps seek establishment of maritime bank

To address some of the challenges hampering business growth in the shipping segment of Nigeria’s maritime and blue economy, the House of Representativ

N193bn intervention loans declared lost by CBN

A report by the Central Bank of Nigeria (CBN) has revealed that out of the total loans of N10.3 trillion disbursed as intervention, N193 billion has b

Ancillary inputs into cement production won’t allow price crash – Lafarge

Key officials of Lafarge Holcim Africa have said that it is very unlikely that the cost of cement will revert to its former price. Head of Corporate C

Customs launches economic operators programme to enhance trade

The Nigeria Customs Service (NCS) Wednesday in Abuja launched the Authorised Economic Operators (AEO) programme targeted at boosting ease of doing bus

Naira strengthens to N1400/$ at parallel market

Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell, marking a significant strengthening on the naira