Business News
Business and economic news from Nigeria and around the world.
Foreign Airlines’ ticket sales rise by 21% in 2018
2018 was a swell year for foreign airline operators in Nigeria. as ticket sales rose by 21% to $1.7 billion...
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NEXIM, SMEDAN sign pact to boost exports
The Nigerian Export-Import Bank (NEXIM) has concluded a pact with Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). NEXIM disclosed...
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Nigeria’s total debt rises by N10.31 trillion in latest DMO report
Debt Management Office (DMO) has pegged Nigeria’s total debt at N22.43 trillion as at September 2018, an increase of 85.06...
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Heritage Bank joins the bandwagon by targeting the “unbanked”
Heritage Bank Plc has expressed commitment to focus more on retail banking while availing low-income earners and rural dwellers the...
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World Bank expects Nigeria’s economy to grow by 2.2% in 2019
Nigeria’s economy will grow by 2.2 per cent, a new World Bank report on Global Economic Prospects has revealed, as...
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These companies have been shut down by FIRS for owing taxes
Nine companies in Lagos were earlier this week shut down by Nigeria's Federal Inland Revenue Service (FIRS) for owing taxes...
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How NNPC intends to lower the price of cooking gas
NNPC seeks penetration of cooking gas in Nigeria's domestic market
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FG deploys proceeds of Sukuk fund
The Federal Government has enlisted no fewer than 28 road contracts that will benefit from the ₦100 billion Sukuk bond issued...
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MTN withdraws court case filed against CBN
MTN Nigeria Communications Limited, through its lawyer, Chief Wole Olanipekun (SAN) has confirmed an out-of-court settlement of the $8.1 billion...
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9Mobile issues press release stating reasons for Adrian Wood’s exit
In a press release issued today, 9Mobile which was recently acquired by Teleology Nigeria has shed more light on the...
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