Business

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

FG, NASS to probe Buhari’s N22.7trn Ways and Means loan

The Federal Government has initiated moves to audit the N22.7 trillion ways and means loan approved by the immediate past administration of former Pre

High price: FG mulls lifting ban on cement importation

The federal government has threatened to review its decision on the ban on the importation of cement over the escalating price of cement which has put

FG uncovers 32 routes of smuggling food out of Nigeria

The federal government has uncovered 32 routes through which food items are smuggled out of the country. Speaking at a conference on Public Wealth Man

Low rates curb appetite as Nigeria raises less cash at bond auction

Nigeria’s Debt Management Office could only raise around half of its intended sale of N2.5 trillion in seven and 10-year bonds yesterday as the low-in

Nigeria’s crude oil production rises to 1.64 mbpd in January

Nigeria’s crude oil production including condensates, increased 5.85% m/m reaching 1.64 million barrels per day (mbpd) in January 2024, up from 1.55 m