Business

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

NPA modernising nation’s ports to enhance competitiveness – MD

The Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has revealed that the authority is repositioning the Nigerian ports

Nigeria’s telecom industry revenue hits $7.6bn in 2024 — Report

Nigeria’s telecommunications industry recorded significant growth in 2024, with total mobile service revenue reaching $7.6 billion, a report by PwC ha

Govt rakes in N402.3bn tax from Dangote in 2024

The Dangote Industries Limited, (Dangote Group), and its subsidiaries paid over N402 billion in taxes in 2024, making it the highest taxpayer in the c

Nigeria lost N94trn to business closures, multinational divestments — NESG

The Nigerian Economic Summit Group (NESG) has stated that the harsh economic environment in the country has led to the closure of about 30 per cent of

From Motors to Mobility: CFAO explains name change

The Managing Director of CFAO Mobility, Mr. Denis Martin, in this interview, explains the recent name change of the company from CFAO Motors to CFAO M