Business News
Business and economic news from Nigeria and around the world.
Lagos govt seals residential buildings in Ikota GRA for discharging wastewater into public drains
The Lagos State Wastewater Management Office (LSWMO) on Monday, September 8, 2025, sealed EMCEL Court Phase I and Well Stock...
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The Conjuring: Last Rites debuts N31 million at Nigerian Box Office
Warner Bros.’ latest horror entry, The Conjuring: Last Rites, opened to a strong reception in Nigeria, grossing N31 million in...
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Nigeria Customs to allow duty-free imports under $300 starting Sept. 8
The Nigeria Customs Service (NCS) will allow duty-free clearance for imported goods valued at $300 or less, effective Monday, 8th...
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NDLEA dismantles international drug cartel, arrests 3 leaders, seizes N5.3billion worth of cocaine
The National Drug Law Enforcement Agency (NDLEA) has dismantled an international organized criminal group (IOCG) operating between Nigeria, the UK,...
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Enugu govt accuses Sujimoto CEO of defrauding state of N5.7 billion over smart schools project
The Enugu State Government has accused Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, of defrauding the state of N5.7...
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Sujimoto founder Ogundele denies EFCC fraud allegations, cites delays in Enugu projects
Sujimoto Luxury Construction Limited founder Olasijibomi Suji Ogundele has denied allegations of fraud by the Economic and Financial Crimes Commission...
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NDLEA arrests 280 drug suspects in Oyo State, secures 43 convictions in 8 months
The National Drug Law Enforcement Agency (NDLEA), Oyo State Command, says it has arrested 280 suspects and secured 43 convictions...
Read moreDetailsEFCC declares Sujimoto boss, Olasijibomi Ogundele wanted for alleged fraud
The Economic and Financial Crimes Commission (EFCC) has declared Olasijibomi Suji Ogundele, founder of Sujimoto Luxury Construction Limited, wanted for...
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Court convicts Dennis Tamarakuro for defrauding a U.S.-based NGO of over $71,000
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of Dennis Tamarakuro, also known as Keisha Reynolds, for...
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President Tinubu leaves for Europe on 10-day annual vacation
President Bola Ahmed Tinubu departed the Nigerian capital on Thursday to begin a 10-day working vacation in Europe, according to...
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