Business

Holcim to exit Nigeria sells major stake at Lafarge Africa to Huaxin Cement for $1bn

December 2, 2024

Nollywood’s piracy issue indicates a distribution problem – Barr. Isioma Idigbe

December 2, 2024

Tinubu transforming Nigeria like he did in Lagos – French President, Macron

November 29, 2024

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Business and economic news from Nigeria and around the world.

Lagos announces resumption time table for public and private schools, FESTAC town, Lagos cancels 2018 land use charge, LAND USE CHARGE, Lekki sealed buildings, Lagos state governor issues new guidelines for lockdown, consider full reopening of its economy,Sanwo-Olu gifts families of slain police officers N10 million naira each

Sanwo-Olu discloses why he refused to buy new vehicles as governor

by Chike Olisah

November 6, 2020

Governor Sanwo-Olu has opened up on why he is yet to purchase official vehicles for himself and aides since resuming...

Border Closure: Afreximbank boss demands use of Blockchain technology, , Afreximbank bags $100 million credit facility, Afreximbank pledges $500 million to support African creative products

Afreximbank launches $1.5 billion collaborative COVID-19 response facility

by William Ukpe

Afreximbank has announced the launch of a $1.5 billion collaborative COVID-19 Pandemic Response Facility

Adesina Probe: US Treasury Secretary praises AFDB’s decision on independent review, Growth must be seen in citizens' lives, AFDB President to African leaders, AFDB launches $3 billion “Fight COVID-19” social bond, Adesina Probe: US Treasury Secretary praises AFDB’s decision on independent review

COVID-19: AfDB postpones Africa Investment Forum to 2021

by William Ukpe

The Africa Investment Forum, scheduled for this November has had to be postponed because of the still raging COVID-19 pandemic.

local, Rice will be abundant this Christmas, RFAN says

Commissioner attributes high cost of rice to increased production cost

The high cost of rice in the market has been attributed to the increased cost of production, owing to the...

Bureau of Public Enterprise denies diverting N2.5 billion from PHCN to acquire property

The bureau had made several demands to ASL which had remained elusive till date.

#EndSARS: Fashola discovers strange camera at Lekki Tollgate, FEC approves road, road concessions

FEC approves N87billion for construction of roads

FEC approved N87 billion to upscale the country’s road infrastructure across geo-political zones.

Lagos State Government earmarks 15 roads for rehabilitation

by Chidi Emenike

Lagos State Government has earmarked about 15 different roads in the state for rehabilitation and reconstruction.

Nigerian Companies will soon start contributing to the Police Trust Fund, Police Reforms, FG tasks expert and host institutions on Police Reforms, calls for membership of sub-technical committee on police reform.

FG tasks experts, host institutions to join sub-technical committees on Police reform

by Chidi Emenike

The National Human Rights Commission has called for interested members of the public to be a part of the Police...

Ikeja Hotels Plc appoints a new acting CEO, Lagos State Government right of occupancy revocation may impair our assets by N4.63 billion - Owner of Sheraton Hotel,Lagos State Government right of occupancy revocation may impair our assets by N4.63 billion - Owner of Sheraton Hotel, How Nigerian hotels are mitigating Covid-19's impact

Planned revocation of right of occupancy may impair our assets by N4.63 billion – Ikeja Hotel Plc

Ikeja Hotel says that the revocation of the company’s right of occupancy on its landed property could impair the assets...

FG seeking approval from National Assembly for $1.2 billion agric loan

by William Ukpe