Business News
Business and economic news from Nigeria and around the world.
See how VFD Group plans to reposition Nigeria’s economy
VFD Group Limited recently held its 2nd AGM in Lagos, during which the board of directors obtained shareholders' approval to...
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EFCC may file charges against Tunde Ayeni next week
Former chairman of the defunct Skye Bank, Tunde Ayeni was reportedly quizzed by the Economic and Financial Crimes Commission (EFCC)...
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Frederic Flejou resigns from Axa Mansard’s Board
Frederic Flejou resigns as Axa Mansard non-Executive Director.
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These companies may benefit from the CBN’s latest FX policy
The Central Bank of Nigeria (CBN) Governor Godwin Emefiele, made good his threat to add other items to the list of those banned from...
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C&I Leasing considering share reconstruction
C and I Leasing Plc disclosed its intentions to reconstruct its issued and paid up share capital.
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France increases minimum wage after protests, as Nigeria refuses to do same
French President, Emmanuel Macron announced that the minimum wage in the country would be increased by €100 starting early 2019.
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Kobo360 set to scale operations to other African countries
Logistics startup, Kobo360, has raised a $6 million equity investment led by the International Finance Corporation (IFC) with participation from...
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CBN ends forex for fertilizer importation, raises concern over banks sharp practice
The Central Bank of Nigeria (CBN) in a circular ‘Inclusion of some imported goods and services on the list of...
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Official: Nigeria spends N1.2 billion only on imports of Arms and Ammunition
Nigeria's military spending rose by a whopping 2,138% for the third quarter of 2018, one of the highest seen in...
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These banks can now do business with Ekiti MDAs
Fayemi lifts embargo on three banks in Ekiti State
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