Business News
Business and economic news from Nigeria and around the world.
NCC licenses 20 new Internet service providers amidst challenges
The NCC licensed a total number of 20 new Internet Service Providers (ISPs) between January and October this year.
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Nigeria’s PMI edges higher in October, on increased local demand
Data from the NBS disclosed that the business activity in Nigeria’s manufacturing sector expanded at a stronger pace, with the...
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Dangote refinery rules out 2020, as refinery gets new date
Dangote Group has announced that its refinery would be commissioned by the end of first half in 2021.
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Lafarge Africa gets new CFO one month after resignation of former finance director
The board of Lafarge Africa Plc has announced the appointment of Lolu Alade Akinyemi as the new Chief Financial Officer....
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Vietnam visit threatens Nigerian cocoa exporters
The closure of Nigerian borders appears to be taking its toll on some countries, as Vietnam, approached Nigeria to take...
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SystemSpecs appoints Igbalajobi, Obikile executive directors
SystemSpecs has appointed Demola Igbalajobi and Ezinne Obikile as Executive Directors.
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CBN OMO ban could give stocks a much-needed boost
The CBN's restriction of OMO to only foreign investors and Nigerian banks could end up providing a welcome boost to...
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Arik not equipped as national carrier, Aviation minister replies AMCON
Arik not equipped as national carrier, Aviation minister replies AMCON
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Ikeja Electric signs pact with Onigbongbo Residents Association
Ikeja Electric has signed Premium Power Purchase Agreement with the Onigbogbo Residents Association to ensure the community access 24 hours...
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Up in smoke: CBN rejects N432 billion in failed treasury bills bids
Following the OMO ban, Investors scrambled after treasury bills but the CBN rejected over N430 billion in bids
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