Business News

Dangote signs $2.5 billion deal to build fertilizer plant in Ethiopia

August 28, 2025

FG blames multiple loan deductions for workers’ poor access to housing loans

August 27, 2025

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Business and economic news from Nigeria and around the world.

Nigeria needs to repatriate all stolen assets – EFCC boss nominee

EFFC partners NLTF to curb corruption in Nigeria’s lottery industry

by Abiola Odutola

June 23, 2021

The Economic and Financial Crimes Commission (EFCC) has partnered with the National Lottery Trust Fund to combat corruption in the...

Real estate director bags 7 years jail term for N6 billion fraud

The EFCC disclosed in a statement that Musa Ibrahim Datti has been sentenced to 7 years in jail.

Lagos Assembly approves Governor Sanwo-Olu’s N85 billion special bond request

by Chike Olisah

The Lagos State House of Assembly has approved Governor Babajide Sanwo-Olu’s request to access N85 billion Special Dispensation Bond.

Farouk Lawan bags seven years imprisonment for obtaining bribe from Femi Otedola

by Abiola Odutola

Lawan was found guilty of count one, two, and three bordering on corruptly asking for and obtaining a bribe from...

Entertainment

Nigeria’s Comic Republic signs deal to adapt its African superheroes for film and TV

by Janet John

According to the production deal, Comic Republic's catalogue of African superheroes will be adapted for film and TV.

Ekiti Knowledge Zone approved as Free Trade Zone by FG

FG says it pays N10 billion to 1 million Nigerians every 2 months

by Chike Olisah

The FG has said that it pays the sum of N10 billion to one million beneficiaries every two months from...

AfDB partners DFID to unveil $80m infrastructure financing for Africa, ADB launches $3 billion “Fight COVID-19” Social Bond, US calls for an independent probe of AfDB president, Akinwumi Adesina, AfDB board denies asking Adesina to step down as Obasanjo says the bank risks being hijacked

$430 million Enugu-Cameroon highway to be ready before end of 2021 – AfDB

The AfDB has stated that the $430 million highway connecting Enugu to Bamenda in Cameroon will be completed before the...

Oyo sets up N500 Million fund each for youth entrepreneurs, compensation for victims of police brutality, #EndSARS: State Governors should have necessary powers to control the Police Force - Seyi Makinde, Seyi Makinde Proposes N3 Billion plan for water supply, Makinde, south-west PDP call for resignation of Ayu as PDP national chairman

Insecurity: Oyo State inaugurates Amotekun Governing Board

In a bid to tackle insecurity, the Oyo State Government has inaugurated the Governing Board of Amotekun.

#TwitterBan: FG serves SERAP preliminary objection over plan to sue

SERAP has revealed that the Nigerian Government ordered a notice of preliminary objection over its plans to sue the FG...

Lagos demolishes illegal structures at Lekki Coastal City, Idera Schemes, move against land grabbers

Lagos serves 3-day demolition notice on 45 buildings in Lekki

by Chike Olisah