FMBN seeks recapitalisation, says N2.5bn inadequate
The Federal Mortgage Bank of Nigeria says it is currently working with the National Assembly and relevant bodies to raise the capitalisation of the ba
Business
All the recent business news in Nigeria, economy and industry updates.
Unemployment rate increases to 5% in Q3 2023
The National Bureau of Statistics (NBS) has stated that Nigeria’s unemployment rate has increased to 5.0 per cent in the third quarter of 2023 from th
Spiro expands to Nigeria, pioneers EV motorbikes in Ogun
Spiro, Africa’s largest electric vehicle (EV) player, has announced its expansion into Nigeria, introducing innovative electric bikes and advanced bat
Fuel queue in Abuja, Lagos; FG, NARTO meeting deadlocked
The federal government’s last minute intervention has not yielded results yet as Long queues surfaced in some filling stations in Lagos and Abuja on M
Nigeria missing from Africa’s 11 fastest growing economies in 2024
Nigeria is conspicuously missing as Africa is poised to maintain its position as the second-fastest-growing region after Asia, playing host to eleven