Business

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

Why we are investing N366.2bn on data centre in Nigeria — OADC

Open Access Data Centres (OADC), a subsidiary of the West Indian Ocean Cable Company (WIOCC), has said it is spending $240 million (over N366bn) to de

FG announces full subscription of N250bn real estate investment fund

The Ministry of Finance Incorporated (MOFI) has announced that it has successfully closed its N250bn Real Estate Investment Fund (MREIF) pilot fundrai

Access Bank opens N193.25bn commercial papers for subscription

The wholly owned subsidiary of Access Holdings Plc, Access Bank, has opened N193.25 billion in commercial papers for subscription. According to an inv

Nestle boosts nutrition with 3-in-1 cereal product

To close the nutrient gaps in Nigeria and contribute to a healthy balanced diet, Nestle Nigeria PLC has launched its new Golden Morn 3-in-1 cereal whi

Shipping firms lament drop in cargo volumes

Seaport operators as well as shipping companies have continued to lament the downward slide in the volume of cargoes despite huge investment in port i