Business

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

NMDPRA warns IPMAN members against pump under-dispensing

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday warned members Independent Petroleum Marketers Association of

Nigeria’s banking fraud tripled from N11bn to N52bn in 4yrs – NIBSS

Fraud transactions in Nigeria’s banking system have tripled over the past four years from N11 billion to N52 billion, statistics from the Nigeria Inte

World bank approves $2.2bn fresh loans for Nigeria

The federal government is expected to receive fresh loans from the World Bank, totalling $2.2 billion in 2025. According to the Washington-based finan

FMBN plans N500bn recapitalisation in 2025

The Federal Mortgage Bank of Nigeria (FMBN) says it is hopeful that its recapitalization plan of N500 billion will come to fruition in this year, 2025

CIPMN to enforce ban of unlicensed project managers in April 2025

The Registrar of the Chartered Institute of Project Managers of Nigeria (CIPMN), Mr Henry Mbadiwe, have stated it will commence enforcement of certifi