Business

Tinubunomics Not Working: SME’s groan over rising cost of doing business

September 21, 2025

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Nigeria Immigration Service increases international passport fees to N100,000 and N200,000 effective September 1

August 28, 2025

Afreximbank leads $1.35 billion financing for Dangote Refinery in landmark $4 billion syndicated deal

August 4, 2025

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Business and economic news from Nigeria and around the world.

Nigeria needs N1.5 trillion within the next 3 years to fix roads - Fashola

FEC approves N995 million for road rehabilitation and IT equipment – Fashola

by William Ukpe

January 28, 2021

The FG has announced the approval of N995million to be spent on acquiring information and communication device and road rehabilitation.

Lagos to deploy E-call up to tackle gridlock on Lekki-Epe axis

Lagos to enforce restriction of trucks, trailers and others to night operations

January 28, 2021

The Lagos State Government has announced plans to enforce the restriction of trucks and articulated vehicles to night operations.

Third Mainland Bridge is intact and safe for commuters - FG

FG to totally shutdown Third Mainland Bridge for another 3 days

January 28, 2021

FG to shut down Third Mainland Bridge for another 3 days with effect from midnight on Friday, January 29, 2021.

MSME, world bank, FG seeking FDI to develop Special Economic Zones - Trade Minister, FG clamps down on filling stations, others for faulty measuring and weighing equipment, AfCFTA: Nigeria securing approval to ratify agreement- Trade Minister, FG meets group to access AfCFTA's $650 billion market, UNIDO’s $60m investment programme to boost Nigeria’s industrialisation - FG, FG to strengthen economic ties with Turkey, FG moves to facilitate tax incentives for SMEs, Made-in-Nigeria vehicles gulp N364 billion from FG

Automotive policy will make Nigeria Africa’s manufacturing hub – FG

by Omokolade Ajayi

The Trade Minister has disclosed that the New Automotive Industry Bill will help to position Nigeria as the manufacturing hub...

Buhari sacks DG National Directorate of Employment, Nasiru Argungu

CAC registration: 100,000 business names registered for free so far

by William Ukpe

FG has announced that 100,000 business names have been registered for free under the CAC scheme.

Customs revenue rises by N200 billion to hit N1.5 trillion in 2020, Nigeria losses billions over importation of iron and steel

FG says slash on import duties for tractors, vehicles to start next week

FG has said the implementation of the reduction of import duty on vehicles and tractors may take off next week.

Africa urgently needs regional infrastructure to speed up implementation of AfCFTA - Alain Ebobissé, CEO Africa50

Africa needs regional infrastructure to speed up implementation of AfCFTA – CEO, Africa50

by Johnson Uche

Africa urgently needs to deploy a regional infrastructure that would speed up the full implementation of the AfCFTA.

Who are the new Service Chiefs?

by William Ukpe

Check out brief profiles of Nigeria's newly appointed Service Chiefs.

CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

The CBN has announced the appointment of 3 PIAs and 2 Monitoring/Evaluation Agents for non-oil exports.

FG invalidates SIM integration using BVN generated NIN, applicants must visit NIMC offices

NIMC says it has licensed telecommunication companies to provide NIN