Business News

Business

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

Minister announces revocation of 1,263 mineral licences, defaulters to face EFCC

Workforce risk: Amazon, Microsoft, JPMorgan race to shield workers from Trump’s H-1B visa fee

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Business News

Business and economic news from Nigeria and around the world.

CBN Cashless Policy: Reps eye reversal, Finance Bill: Reps to hold separate hearing today , 40% of Nigeria’s national budget must be voted to capital expenditure - Gbajabiamila , Why Reps will probe Glo, 9mobile, others, House of Representatives postpones President Buhari’s $22.79 billion loan request indefinitely,COVID-19: House of Reps to consider bill for 2-months free electricity supply

Politics

Finance Bill: Reps to hold another public hearing today

by Joseph Olaoluwa

November 25, 2019

A separate public hearing on the Finance Act (Amendment) Bill is expected to be held today by the House of Representatives.

President Buhari Inaugurates National Economic Council, National Economic Council, State Governments seek refund over repaired federal roads

Politics

State Governments seek refund over repaired federal roads

by Chidinma Nwagbara

November 25, 2019

The Federal Government and the States Governments are battling over the delay in refunding the money spent by the latter on...

Dangote Group goes to Togo, sets up fertiliser and cement factories, Dangote cement to leverage on Togolese market to boost revenue, Dangote set to push investments in agriculture , Coronavirus: Dangote pledges over N200 million donation to FG,Dangote Cement woos investors with N100 billion issue

Dangote Flour Mills officially delists from NSE

by Joseph Olaoluwa

The entire issued share capital of Dangote Flour Mills (DFM) has been delisted from the Nigerian Stock Exchange (NSE), effective...

AXA Mansard’s FY 2017 profits flat due to sharp rise in net claims

Axa Mansard announces Director’s resignation

by Joseph Olaoluwa

Frederic Coppin, a Non-Executive Director of AXA Mansard Insurance Plc has resigned from the company's board, effective Wednesday, November 20,...

NNPC calls for collaboration among organisations to sustain nation’s GDP

by Chidinma Nwagbara

The Nigerian National Petroleum Corporation is calling for partnerships among organisations, governments, and industries.

MSME, world bank, FG seeking FDI to develop Special Economic Zones - Trade Minister, FG clamps down on filling stations, others for faulty measuring and weighing equipment, AfCFTA: Nigeria securing approval to ratify agreement- Trade Minister, FG meets group to access AfCFTA's $650 billion market, UNIDO’s $60m investment programme to boost Nigeria’s industrialisation - FG, FG to strengthen economic ties with Turkey, FG moves to facilitate tax incentives for SMEs, Made-in-Nigeria vehicles gulp N364 billion from FG

Nigeria seeks investment opportunities in United States

by Chidinma Nwagbara

The Federal Government of Nigeria has reiterated its interest towards keeping existing investors while also seeking to attract potential investors...

Air Peace Founder, Onyema denies alleged $20 million bank fraud, Onyema alleged fraud: US court issues warrant of arrest

US court releases Onyema’s transactions details, issues arrest warrant

by Abiola Odutola

United States Court has issued a warrant of arrest against Chairman, Air Peace Limited, Allen Onyema over alleged money laundering...

Nigeria’s GDP picks up to 2.28% y/y in Q3-19

by CSL Stockbrokers

The NBS reported that Nigeria’s economy expanded by 2.28% y/y in Q3-2019 from 1.94%y/y in Q2-2019. The GDP growth in Q3 represents...

Politics

FG responsible for 80% of Nigeria’s N25.7 trillion debt profile

by Titobioluwa Okunade

The Federal Government of Nigeria is responsible for 80% of the country’s debt profile of N25.7 trillion.

Nigeria has over 40 million people without access to bank accounts – Access Bank

by Titobioluwa Okunade