Business

Tinubunomics Not Working: SME’s groan over rising cost of doing business

September 21, 2025

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Nigeria Immigration Service increases international passport fees to N100,000 and N200,000 effective September 1

August 28, 2025

Afreximbank leads $1.35 billion financing for Dangote Refinery in landmark $4 billion syndicated deal

August 4, 2025

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Business and economic news from Nigeria and around the world.

FG to make forex available to oil marketers for import to drive down petrol price

Oil marketers assure of petrol availability during Yuletide despite reported fuel queues

Petroleum product marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured Nigerians of the...

South Africa to deploy soldiers over protests caused by ex-President Zuma’s arrest

South African high court orders former president, Jacob Zuma back to jail

by Justina Mboho

A South African high court has ordered Jacob Zuma, the 79-years old former president of South Africa back to jail...

Petrol: Fuel marketers call for increase in margins

Lagos moves to stop tanker explosions, accidents in the state

The Lagos State Government have moved to stop petroleum tanker explosion and accident on Lagos roads as they are currently...

MPR, CBN, GTBank, CBN disagrees with IMF, says land border closure boosting local production, Border closure: Emefiele says Benin, others must engage Nigeria before borders are reopened , bvn 2.0, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019

CBN says Nigerian payment system has attracted $700 million in 5years

by Ubah Jeremiah Ifeanyi

CBN says $700 million has been invested into the country's payment system by Nigerian founders between 2015- 2020 Godwin Emefiele...

FCTA to implement FG’s e-Government Master Plan from 2021

FG says Land Swap agreements will save the government N1 trillion

by William Ukpe

The Federal Government declared that the Land Swap Programme will save the Federal Government N1 trillion. This was disclosed by...

Zainab Ahmed, says 2023 budget has N12.43 trillion deficit

Pension: FG announces plans to liquidate outstanding arrears for defunct agencies

by William Ukpe

The Federal Government announced that it plans to ensure full liquidation of outstanding arrears due ex-workers of the remaining three...

Zainab Ahmed says Naira likely to weaken further

FG settles pension arrears of ex-workers, commits to liquidation of outstanding arrears

by Zainab Iwayemi

Upon finalizing payment of the inherited unfunded liabilities to pensioners of two defunct agencies; Nigeria Reinsurance Corporation and New Nigeria...

Lekki Deep Seaport: A game changer and West Africa's deepest seaport - FG

APM Terminal says it has invested N180 billion so far in Apapa port

December 14, 2021

Port operating company, APM Terminals Apapa, has revealed that it has invested about $438 million (about N180 billion) in the...

Lagos moves to reduce travelling time in Victoria Island, commissions network of 3 roads