Business News
Business and economic news from Nigeria and around the world.
Senate passes bill to double Ways and Means borrowing limit to 10% of FG revenues
The Senate and the House of Representatives on Wednesday passed a bill to increase the percentage of Ways and Means...
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New PenCom DG assumes office amid controversy over appointment
The National Pension Commission (PenCom) has announced the assumption of office by Omolola Oloworaran as the new Acting Director-General.
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U.S. Consulate in Lagos, Embassy in Abuja to change Visa services provider from August 26
The U.S. Embassy in Abuja and the U.S. Consulate General in Lagos are set to transition to a new visa...
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Lagos state government partners U.S. institute to enhance project management efficiency
The Lagos State Government has entered a partnership agreement with the U.S.-based Project Management Institute (PMI) to improve project management...
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FAAC Allocations: 774 LG councils accuse state Finance commissioners of colluding with Governors, threaten legal action
The Incorporated Trustees of the Association of Local Governments of Nigeria (ALGON) have accused State Commissioners for Finance of conspiring...
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Studying in France: 3 visa categories students from Nigeria need to know
France has three visa categories for students who wish to study in the country.
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Germany issues 80,000 work visas for foreign talent in first half of 2024 amidst skilled labour shortages
Germany issued 80,000 work visas in the first half of 2024, including 40,000 for skilled workers, amid severe labour shortages.
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Nigeria helped seize $1.6 billion worth of illicit drugs, chemicals across 31 countries in two months- Interpol
The International Criminal Police Organization (Interpol) has announced the seizure of 615 tonnes of illicit drugs and precursor chemicals worth...
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EFCC re-strategizing to prevent ‘dollars from flowing out of Nigeria’, others – Olukoyede
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede disclosed that its operatives are "re-strategizing" to...
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“Deadpool and Wolverine” hits N165 million at Nigerian box office
The Hollywood action-adventure "Deadpool and Wolverine" has surpassed box office expectations in Nigeria, grossing an impressive N165 million, including advanced...
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