Business

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

Kano commissions rice production line

The Kano state government has commissioned Fursa Rice Mill Limited’s fortified rice production line, a state-of-the-art facility that is equipped to p

TUC rejects 5% fuel surcharge, gives FG ultimatum

The leadership of Trade Union Congress (TUC) says has rejected the Federal Government’s planned 5 per cent tax on petroleum products, describing the p

Why Nigeria’s oil output dropped by .7m bpd in 5 years – Kachikwu

Former Minister of State for Petroleum Resources, Prof. Emmanuel Ibe Kachikwu, has called for bold reforms, policy stability, and stronger local parti

2,500 exhibitors from 20 countries for Abuja trade fair

The Abuja Chamber of Commerce and Industry has announced that 2,500 exhibitors from 20 countries are expected to participate at the 20th edition of th

Naira appreciates at N1506 amidst reduced FX pressure

The Nigerian local currency, the naira, appreciated to N1,506 per dollar at the official window even as the nation’s foreign reserves reached $41.500