Business

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

What can $1bn projected investment do for telecom sector?

The Nigerian telecommunications sector recorded $80.78 million in foreign direct investments (FDIs) in the first quarter of 2025 and over $1billion wo

Naira abuse ‘ll raise printing cost if left unchecked, CBN warns

The Central Bank of Nigeria has warned that the constant abuse of naira will increase the cost of printing and replacing banknotes if left unchecked.

Kano-Maradi rail project to reach Katsina December – FG

Minister of Transportation, Senator Sa’idu Ahmed Alkali yesterday disclosed that the Kano-Maradi rail project will reach Katsina by December, 2025, re

US-Nigeria bilateral trade soared to $13bn in 2024 – Consul General

The United States of America and Nigeria’s bilateral trade has soared to nearly $13billion in 2024, the U.S Consul General, Lagos, Rick Swart, disclos

Reps raise panel to oversight naira-for-crude policy

The Speaker of the House of Representatives, Abbas Tajudeen, on Wednesday inaugurated an ad-hoc committee to oversight the implementation of the Naira