Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
-
Insurance recapitalisation: Oyedele queries NAICOM over processing fee, payment into escrow account
By Emma Ujah, Abuja Bureau Chief ABUJA—Finance Minister and Coordinating Minister of the Economy Taiwo Oyedele has raised concerns with…
Read More » -
Naira gains N5.54 at official market
Naira Appreciates Against Dollar in Official Market The Naira strengthened against the U.S. dollar on Monday, trading at 1,360.14 naira…
Read More » -
$1trn economy: NACCIMA woos Chinese investors to boost industrialisation
NACCIMA to Host Third Business and Investment Forum in Guangzhou, China By Yinka Kolawole The Nigerian Association of Chambers of…
Read More » -
Nigerians are increasingly borrowing to build houses — CBN
Credit Availability Rises Amid Low Default Rates in Nigeria By Elizabeth Adegbesan Nigerians are increasingly borrowing to purchase homes, as…
Read More » -
Customs, agents disagree over National Single Window operations
By Godwin Oritse & Efe Onodjae Concerns are mounting over disagreements related to the implementation of the National Single Window…
Read More » -
Firms expect borrowing cost to decline in 3 months
Firms Anticipate Decline in Bank Loan Borrowing Costs By Elizabeth Adegbesan Businesses in Nigeria expect a decrease in borrowing costs…
Read More » -
Cornerstone Insurance, FIN Insurance meet NIIRA 2025 recapitalisation requirement
Cornerstone Insurance and FIN Insurance Receive NAICOM License Certificates Following Recapitalization By Rosemary Iwunze ABUJA — Cornerstone Insurance Plc and…
Read More » -
We’ve started paying depositors of 46 microfinance banks — NDIC
NDIC Begins Payments to Depositors of Revoked Microfinance Banks By Cynthia Alo The Nigeria Deposit Insurance Corporation (NDIC) has initiated…
Read More » -
Senate backs EKEDP’s turnaround, seeks solution to sector bottlenecks
Senate Committee Praises Eko Electricity Distribution’s Performance Amid Ongoing Challenges By Udeme Akpan, Energy Editor LAGOS — The Senate Committee…
Read More » -
Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre
By Peter Egwuatu Dangote Petroleum Refinery Reduces Fuel Prices in Nigeria Dangote Petroleum Refinery announced a decrease in the ex-depot…
Read More »