Business News
Business and economic news from Nigeria and around the world.
In a rare consensus, CBN, IMF and World Bank all share the same view about Nigeria’s spiraling debt
The economic recession that hit Nigeria last year meant that desperate measures had to be taken in order to revive...
Read moreDetails
Development Bank of Nigeria to start lending in August.
Managing Director of the Development Bank of Nigeria (DBN) Mr Tony Okpanachi revealed the bank will give loans with a...
Read moreDetails
FG includes additional loans in 2016-2018 external borrowing plan
The federal government has sought the approval of the National assembly to take additional loans under the 2016-2018 external borrowing...
Read moreDetails
Leventis Motors stops distribution of JCB construction equipment
Mr. Nikolaos Giannousas, general manager Leventis motors says the company will no longer distribute JCB construction equipment in Nigeria. He...
Read moreDetails
5 facts and figures behind Rezidor Group’s Africa expansion
A rapidly growing chain
Read moreDetails
The 4th Mainland bridge contract has been terminated, here’s why
A very rare occurence
Read moreDetails
Low down on Adeosun’s plan to hike interest rates on unpaid taxes
Nairametrics| Individuals who default in paying taxes will face a hike in the interest rates on arrears . Minister of...
Read moreDetails
These 2 pointers indicate that the MPC will sit tight, do nothing and hope for the best
A repeat of the last 4 episodes
Read moreDetails
Microsoft snubs Nigeria for SA in locating data center; What Nigeria stands to lose
Still for the same reasons
Read moreDetails
Kachikwu tells BBC he may step down in 2019 if refineries don’t work
Nairametrics| Minister of state for petroleum, Ibe Kachikwu has promised to step down from his post if Nigeria does not...
Read moreDetails
