Business News
Business and economic news from Nigeria and around the world.
CBN Injects Fresh $210m into the Forex market
CBN has injected the sum of $210 million into the inter-bank foreign exchange (forex) market.
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CBN claims it has refunded N65 billion in wrong bank charges to customers
Customers have since been raising concerns over illegal charges and deductions by Nigerian commercial banks.
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BUA Cement steps up competition as it commissions new ₦126 billion plant
The newly-commissioned plant will help increase BUA Cement's production output to about 6MMT per annum.
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Nigeria officially unveils national carrier in London
The Nigerian Government has unveiled the new national carrier.
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Supreme Court dismisses Ecobank’s appeal against Honeywell
Ecobank was embarrassed as Supreme Court dismissed its three appeals for being frivolous.
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Great Nigeria Insurance Plc seeks shareholders approval for immediate delisting
The management of GNI Plc has convened an EGM of the insurance company to seek approval for immediate delisting fom...
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Report: Instagram dominates as 22 million Nigerians use internet for social media
More Nigerians are using the internet for personal purposes.
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9mobile office shut over alleged tax default
9mobile Port Harcourt Regional Office, has been sealed by operatives of RIRS over alleged tax default.
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President Buhari appoints Muiz Banire as AMCON Chairman
President Buhari has appointed Dr. Muiz Banire as Chairman of AMCON.
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Alibaba to invest on Nigerian, other African entrepreneurs
200 entrepreneurs across Africa, have been scheduled to be part of Alibaba’s eFounders Fellowship programme.
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