Business

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

Empower rice millers to curb commodity inflation, food security – Labana GM

The General Manager of Labana Rice Mills, Alhassan Yusuf has called on the Federal Government to grant loans to rice millers to curb commodity inflati

EU to invest €37m in power sector

The European Union has announced plans to invest €37m in Nigeria’s power sector. This disclosure was made by the EU ambassador to Nigeria, Samuela Iso

Truck owners to stop lifting petrol Monday

The Nigerian Association of Road Transport Owners (NARTO) has vowed to suspend operations on Monday. Its National President, Alhaji Yusuf Lawal Othman

Gov Kefas and political sagacity

Believe it or not, the initial reluctance by some people to accept the candidacy of Dr Agbu Kefas last year was premised on what they view as his lack

Dollar hits N1,600 at parallel market

The foreign exchange crisis worsened on Thursday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market, f