Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Alhaji Aliko Dangote has revealed that the Dangote Cement Plant in Itori, Ogun State, was demolished twice under former Governor Ibikunle Amosun’s administration, causing significant setbacks…
More than 500 shops and stalls were destroyed in a fire that engulfed the popular Aleshinloye Market in Ibadan, Oyo State, the National Emergency Management Agency…
The House of Representatives has approved the four tax reform Bills earlier transmitted by President Bola Ahmed Tinubu, as it considered and adopted report by its…
Oil marketers have raised concerns over the negative impact of fluctuating petrol prices on their businesses, warning that the instability threatens their survival. The President of…
The Centre for Human and Socio-Economic Rights (CHSR) has condemned the demolition of over 500 shops at Owode Motor Spare Part Market, Owode Onirin, allegedly carried…
Chatham House, a UK-based international policy think tank, has advised the Nigerian government against artificially strengthening the naira, arguing that its depreciation has enhanced the country’s…
Six people have been confirmed dead in a fuel tanker explosion that rocked Karami Rami, Babban Rami Ward, Mashegu Local Government Area of Niger State. It…
Nigeria has officially become a member of the European Bank for Reconstruction and Development (EBRD), increasing the total number of the bank’s shareholders to 77. The…
With the commencement of fasting which usually signifies the beginning of the Ramadan season, food prices in the market are crashing in states like Yobe, Borno,…
In affirmation to keeping their word, Fidelity Bank has awarded the sum of N500,000 entrepreneurship grant to Koromo Bomane-aziba, a serving FCT Corp member in the…
