Business News

Summary of the top business, economic and political news in Nigeria today. Alternatio Navitas, a Lagos-based company, has unveiled its...

Nigeria’s ₦4.314 trillion crude oil target now looks gloomy

Nigeria’s plan to increase its crude oil revenue to N4.314 trillion from 300 million barrels of crude oil now looks...

FG agrees to pay ₦23 billion allowances to ASUU

The indefinite strike of the Academic Staff Union of Universities (ASUU), “might” come to an end soon as the Minister...

FG has changed its course on the sale of refineries

At the 2017 edition of the National Association of Energy Correspondents (NAEC) Conference in Lagos, the Minister of State for...

11 DISCOs owe NBET N120 billion

by Onome Ohwovoriole

All electricity distribution companies in the country are currently indebted to the National Bulk Electricity Trading Board ( NBET) the...

Nigeria flags off post crude oil era with rail investments

In an effort to diversify the economy of Nigeria as it is now in the post crude oil era, the...

These two investors have been selected by FG to build 217,000bpd refineries in Port Harcourt, Warri

The Federal Government has selected two out of the ten investors who showed interest and competence to build 217,000 barrels...

PWC and EY to audit TSA accounts

by Onome Ohwovoriole

The Office of the Auditor-General of the Federation has asked Price Waterhouse Coopers and EY to audit the Treasury Single...

All the major economic news from Nigeria in 5 minutes-17/8/2017

by Opeyemi Yekini

August 17, 2017

Summary of the top business economic and political news in Nigeria today. Dangote Group has commenced the disbursement of more...

Increased offshore trade boosted transactions on NSE by 7.13% in June – Exchange