Lagos food economy now N16.14trn annually – Sanwo-Olu
Lagos State Governor, Babajide Sanwo-Olu, yesterday declared Lagos as ‘Nigeria’s largest food market’, consuming over 50% of the food traded in the So
Business
All the recent business news in Nigeria, economy and industry updates.
Reps begin fresh probe of refineries’ repairs
The House of Representatives Committee on Petroleum Resources (Downstream) is to commence a comprehensive investigation into the multi-billion naira T
NNPCL reduces fuel price to N890/litre
The Nigerian National Petroleum Company Limited has reduced its premium motor spirit price for the second time in one week. The state-owned oil firm h
Africa losing $90bn annually to imported substandard fuel – Dangote
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has stated that Africa loses $90 billion annually to importation of substand
Nigeria loses $18bn through illicit financial flows – FIRS
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji stated that Nigeria loses $18 billion annually due to illicit f