Business News
Business and economic news from Nigeria and around the world.
Lagos shuts Chinese firm, goes after safety violators in workplace
A Chinese firm has been shut down for violating safety precautionary measures leading to the death of a teenage employee.
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Update: President Buhari appoints Farouk Yahaya as new Chief of Army Staff
President Buhari has today appointed Major General Farouk Yahaya as the new Chief of Army Staff (COAS)
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Insecurity: IG of Police gives updates on security situation
The Acting IGP has said that the disbandment of SARS has left a gap in tackling insecurity in Nigeria.
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Oil price bearish as Iranian supply worries investors
Brent crude is trading $68.16 a barrel, currently down 0.83%, erasing Wednesday's gain.
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BPE discloses plans to privatise Transmission Company of Nigeria
The Bureau of Public Enterprises disclosed plans to unbundle the Transmission Company of Nigeria.
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World Bank approves $700 million credit to aid access to potable water in Nigeria
The World Bank has approved $700 million credit to Nigeria's SURWASH Program to aid access to potable water and improved...
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IFC, WTO Chiefs, Elumelu call for Made-in-Africa vaccine
The WHO, WTO, IFC Chiefs as well as Mr Tony Elumelu have called for COVID-19 vaccine production in Africa.
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Lagos announces closure of Eko Bridge for 10 weeks from June 4
The Lagos State Government has announced the partial closure of Eko Bridge from Costain to Alaka in-bound National Stadium for...
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Bread price hike looms as bakers association approves 30% increase
Members of the bakers association have been directed to increase the prices of bread and other bakeries by 30%.
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FG to launch Batch 10 of National Policy and Digital Economy Projects
The federal government is set to launch Batch 10 of its National Policy and Digital Economy Projects for a Digital...
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