Business News
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225High Lending Rates Crippling Production, MAN tells CBN
The Manufacturers Association of Nigeria has urged the Central Bank of Nigeria to further reduce interest rates to ease the rising cost...
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189Lagos, NBCC Cement Alliance to Expand Nigeria-UK Trade
Lagos State and the Nigerian-British Chamber of Commerce (NBCC) have pledged an alliance to expand Nigeria-United Kingdom trade. This pledge was made...
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194Nigeria’s Monthly Trade Surplus Falls 35% to $1.39b
Nigeria’s monthly trade surplus fell by 35 per cent, month-on-month, MoM to $1.39 billion in July from $2.14 billion in June, driven...
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268Afreximbank Targets $40b to Deepen African Trade
Afreximbank has reaffirmed its commitment to scaling up intra-African trade, industrialisation, and value-chain development under the African Continental Free Trade Area, pledging...
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277Private Sector Supporting Resilience in Global Economy
Kristalina Georgieva, Managing Director (MD) of the International Monetary Fund (IMF), says vibrant private sector is supporting resilience in global economy but...
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253Edun Seeks ‘Bold Economic Reforms’ to Drive Africa’s Growth
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has appealed for accelerated action on economic reforms and domestic resource...
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314FIRS Clarifies Revenue Collection Channels Amid Public Discussion
The Federal Inland Revenue Service (FIRS) has provided clarification regarding the use of Xpress Payments as part of its national revenue collection...
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597Audit Uncovers Over ₦61b Payment Breaches in NNPC
The Office of the Auditor-General for the Federation has uncovered 28 major financial irregularities linked to the Nigerian National Petroleum Company Limited,...
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208Petrol Shipments Surge After Fuel Import Duty Suspension
A total of 149,500 metric tonnes, equivalent to 194.35m litres of Premium Motor Spirit, popularly known as petrol, entered and will land...
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233Lagos-Calabar Highway Section to Open December 2025 –FG
The Federal Government has announced that the first 47-kilometre section of the Lagos–Calabar coastal highway will be opened to traffic in December...
