Business

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

A new dawn for Nigeria: Unleashing transformative leadership for a prosperous future

As Nigeria approaches yet another independence anniversary, it stands at the precipice of profound transformation. Endowed with immense natural resour

How CBN raised interest rates by 850 basis points in 7 months

The Central Bank of Nigeria, under the leadership of Olayemi Cardoso, has continued to raise interest rates, otherwise known as Monetary Policy Rates

FG’s earning from crude oil sales drops by 79% in 2023

The money the federal government earned from the sale of crude oil dropped by 79 per cent in 2023, from $11.199bn it made in 2022 to $2.329bn, the Nig

NIWA moves to revive N9.4bn River ports

The National Inland Waterways Authority (NIWA) is set to revive three of its moribund river ports valued at about N9.4 billion. This is even as it sai

SEC vows to deal with illegal fund managers

The Securities and Exchange Commission (SEC) has warned entities engaged in illegal fund management activities to desist forthwith or be ready to face