Business

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

AFRES moves to curb illicit investment in property

The African Real Estate Society (AFRES) has disclosed the plan to curb the flow of illicit funds in property development in Sub-Saharan Africa. The Pr

How Cyberspace Group was founded 30 years ago – Jim Ovia

The Chairman and Founder of Zenith Bank, Dr. Jim Ovia, has said he founded an IT firm, Cyberspace Group, in 1995 and was determined to nurture it to g

Payment coys must comply with ISO 20022 guidelines by Oct. 31 – CBN

The Central Bank of Nigeria (CBN) has mandated all participants in Nigeria’s payment ecosystem to migrate to the ISO 20022 messaging standard and impl

Consumers may suffer over FOB charge reintroduction – OPS

Members of the Organised Private Sector (OPS) have kicked against the reintroduction of the four per cent Free on Board (FOB) charge by the Nigeria Cu

Domestic refining changing West Africa’s fuel supply – Marketers

The Major Energies Marketers Association of Nigeria (MEMAN) has described the rising domestic refining capacity as a game-changer which is changing th