Business News

Alleged Christian genocide: Nigerians divided over U.S. military threat

November 3, 2025

U.S. military threat sparks reactions as Nigerians seek urgent domestic action

November 2, 2025

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Business News

Business and economic news from Nigeria and around the world.

FG leverages on FDI to create over 10,000 jobs

The NIPC has disclosed that Foreign Direct Investment (FDI), worth billions of dollars have led to the creation of over...

Tony Attah, Bonny Island, NLNG says Train 7 project will surge production capacity to 30 million MPTA

Bonny Island benefitted $30 billion in gas investments, NLNG boss reveals

by Joseph Olaoluwa

The MD of the NLNG Company, Tony Attah, has said the total amount of money spent on the development of...

Closure of Nigerian borders: The positives and the negatives

FG orders complete border closure, bans movement of goods

by Bamidele Samuel Adesoji

The Federal Government of Nigeria has ordered the complete closure of the Nigerian border, placing a ban on both legitimate...

All eyes on MPC as naira crashes to record low

Bankers decry rise in public debt, weak economy

by Joseph Olaoluwa

Several bankers in the country have expressed worries over the huge amount of debt apportioned to debt servicing.

Politics

Nigeria to negotiate with IOCs over $62 billion demand

by Emmanuel Abara Benson

Nigeria's Justice Minister, Abubakar Malami, disclosed over the weekend that negotiations had begun towards a possible resolution.

Nigeria bonds declines ahead of S&P credit rating review

Zainab Ahmed to head Nigeria’s delegation to World Bank, IMF

by Joseph Olaoluwa

Zainab Ahmed, the Minister of Finance, Budget and National Planning, will be heading Nigeria's delegation to the 2019 annual meetings...

Forte Oil, profit, Prudent Energy tenders another take-over offer for Forte Oil, Forte Oil's records 1408% profit growth in nine months , Ardova Plc announces board meeting and closed period, Ardova Plc announces board meeting and closed period

Forte Oil Plc announces close period ahead of Q3 2019 results

The Board of Directors of Forte Oil Plc has announced that the company would observe a close period of trading...

Buhari enjoined to appoint Emefiele, others in Economic Advisory Council

President Muhammadu Buhari has been urged to include Godwin Emefiele, Zainab Ahmed as well as some other ministers in the...

Bureaux De Change operators unanimously warn against proposed VAT increment

Bureaux De Change operators warn against proposed VAT increment

The Association of Bureaux De Change Operators (ABCON) has warned the Federal Government against the proposed increment in VAT.

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing