Business

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

‘How presidential pardons undermine economy’

The Centre for the Promotion of Private Enterprise (CPPE) yesterday stated that extending clemency and pardon to persons convicted of corruption, fina

Despite backward integration, Nigeria imports N953.9bn raw sugar in 12 months

Despite the Backward Integration to allow development and sourcing of raw sugar in Nigeria, major producers of refined sugar imported 953,971bn worth

Lagos N713.1bn waterways mobility project targets 25m passengers yearly

The recently launched Lagos Omi-Eko project valued at EUR 410 million (about N713bn) is targeted at transforming waterways mobility and transporting 2

LOTUS Bank emerges ‘Best Ethical and Financial Inclusion Bank of the Year’

LOTUS Bank, one of Nigeria’s leading non-interest financial institutions, has been named the Best Ethical and Financial Inclusion Bank of the Year at

44% informal businesses earn below N20,000 daily – Report

Despite efforts to empower Micro and Medium Enterprises in the country, most businesses in the informal sector still earn low amidst high cost of doin