Business

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

Liberalise electricity meters’ prices, manufacturers tell FG

The Association of Meter Manufacturers of Nigeria (AMMON) has stated that the country will experience shortage in the availability of electricity mete

Harsh forex reforms will strengthen naira – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that harsh reforms by the bank will eventually stabilise the naira, as we

Stakeholders express worry over outages at Lagos airport

Stakeholders in the aviation sector have called for an end to frequent power outages at the Murtala Muhammed International Airport (MMIA), Lagos. It w

Bank directors back CBN’s policy on forex assets

The Bank Directors Association of Nigeria (BDAN) has backed the Central Bank of Nigeria’s (CBN’s) policy aimed at fortifying the nation’s financial sy

How we uncovered $2.4bn fraud in FX claims – Cardoso

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has narrated how the apex bank uncovered $2.4billion fraud in Forex trading. Cardoso m