Browsing: Business

According to a new document released by the regulator, the Central Bank of Nigeria (CBN) has begun a big strategy to wean deposit money banks (DMBs)…

Nigerian exchange activities began the week on a negative note due to the sell-offs of MTNN, Eternal, Guaranty Trust Bank Company and International Breweries stocks. More…

Shell has been ordered not to sell any assets in Nigeria until a decision is made on the company’s appeal of a nearly $2 billion fine…

MTN Nigeria Communications Plc (MTNN) and Nigerian Exchange Ltd. (NGX) signed an MoU on Monday to promote financial literacy and enhance retail participation in the Nigerian…

Mobility fintech, Moove Africa, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity…

Transportation Minister, Hon. Chibuike Amaechi has revealed that Nigeria stands to generate about $360 billion from the Lekki deep seaport in 45 years once the project…

Adeniyi Adebayo, Nigeria’s Minister of Industry, Trade and Investment, says the country’s Free Economic Zones (FEZs) have attracted investments worth $20 billion in 30 years of…

Manufactures in Nigeria have called on the government of that country to intervene as the cost of Automotive Gas Oil, also known as diesel, has spiralled…

The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to intervene urgently to assist in the production of goods as diesel price reaches N720…

Nigerian troops have deactivated 30 illegal oil refining sites across the oil-rich delta region in the past two weeks, according to Nigeria’s Headquarters. The Director, Defence…