Business

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

AfCFTA: African countries must go beyond exporting raw materials – Envoys

African countries have been warned that continuing to export materials raw is an unsustainable path of dependency. The Consul-General of Ghana to Lago

Nigeria’s foreign reserve to drop to $24bn in 2024 – IMF

In a concerning forecast by the International Monetary Fund (IMF), Nigeria’s foreign reserve is expected to see a significant reduction, falling to $2

How CBN raised exchange rate for customs duty by 235% in 8 months

The Central Bank of Nigeria (CBN) has jacked up the exchange rate payable on importation six times in the last eight months. This has created tension

Stop providing electricity to houses under transmission lines, NERC tells DisCos

The Nigerian Electricity Regulatory Commission (NERC) has lamented the safety risks Nigerians undergo to have shelter on them. Speaking during the fir

Herbert Wigwe: Access Holdings stocks fall by 6.26%

Access Holdings shares, yesterday, declined by 6.26% at N23.20 per share on the Nigerian Stock Exchange (NGX) on the first trading day after the death