Business

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

NESG, Borno govt launch devt fund to boost economy

The Nigerian Economic Summit Group (NESG), in collaboration with key stakeholders, has officially launched the Borno Development Foundation (BDF)—a no

Aviation crisis: Air Peace, foreign airlines suspend flights

As Minister intervenes in NiMet workers’ strike   Flight operations were disrupted across the country yesterday following the strike embarked upo

7 banks’ tech upgrade gulps N460bn in 2024

Seven top Nigerian banks have recorded a combined spending of N460billion on the information technology upgrade in 2024, Daily Trust reports. An analy

Experts disagree as IMF downgrades Nigeria’s 2025 GDP forecast

Experts have disagreed to the recent downgrade of the Nigeria’s Gross Domestic Outlook from 3.2 per cent to 3 per cent in 2025 by the International Mo

OPay’s 1.2bn 10-Year Scholarship Initiative extend to UNILORIN

OPay, one of the nation’s leading financial institutions, has extended its ₦1.2 billion 10-Year Scholarship Initiative to students of the University o