Business

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

Expectations as Dangote fuel distribution scheme begins today

There are mixed expectations as the Dangote Petroleum Refinery & Petrochemicals kicks off with its fuel distribution logistics programme. The refi

Customs seizes N3.1bn smuggled goods in three weeks

The Federal Operations Unit (FOU) Zone A of the Nigeria Customs Service (NCS), on Thursday, announced the seizure of smuggled goods valued at N3.145 b

Owners of idle oil blocs risk losing them if not activated – FG

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has stated that owners of idle oil blocs risk losing them if efforts

WTO launches $50m fund for women exporters in Nigeria, others

The World Trade Organization (WTO) on Thursday in Abuja launched a $50million fund tagged “Women Exporters in Digital Economy (WEIDE)” for women expor

Nigeria’s $1trn economy target lagging behind – Report

A recent report by foremost Financial Group, Norrenberger has shown that Nigeria’s current nominal Gross Domestic Product Figures as well as the curre