Business

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

Inflation drops to 24.4% amid high food prices

MPC should pause rate hike – Uwalake   Despite the decline of Nigeria’s Consumer Prices Index (CPI) to 24.4 per cent in January, the skyrocketing

Electricity customers to pay N300,000 for bypassing meters

The Nigerian Electricity Regulatory Commission (NERC) has increased the penalty for customers tampering or bypassing their electricity meters. An orde

Johnvents Group secures $40.5m from BII to increase cocoa production

Johnvents Group (Johnvents), an agribusiness and manufacturing conglomerate has secured $40.5m long term, flexible financing from British Internationa

Plateau to revive N8.5bn Hill Station Resort to drive tourism

The Plateau State Government has assured full support in reviving the N8.5bn Hill Station Resort to drive tourism in the state. In a statement, the Pl

E-invoicing: FIRS to onboard selected ‘Large Taxpayers’ July

The Federal Inland Revenue Service (FIRS) has ramped up engagement of stakeholders on the phased roll-out of the e-invoicing system otherwise known as