Business News
Business and economic news from Nigeria and around the world.
Kogi State signs $72 million loan with World Bank, IFAD to boost agriculture infrastructure
Kogi Government has signed two separate subsidiary loan agreements with the World Bank and IFAD.
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15 Turkish sailors kidnapped off Gulf of Guinea freed in Nigeria
Turkish sailors who were kidnapped by pirates, off Nigeria's coast have been released.
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NIPC says collated investment announcements for 2020 was $16.74 billion
The NIPC has announced that the collated investment for the year 2020 was $16.74 billion
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Export professional tasks FG to seek inward for products with huge export potential
Former DG of NACCIMA has tasked the FG to sort in-ward for products and commodities with huge export potential.
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Nigeria has lowest gold export Royalty fee in the world
The nation's royalty fee accruable to government from gold export is 3% of the value of the export.
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AfDB collaborates with African Guarantee Fund to support women entrepreneurs with $2 billion loans
AfDB's AFAWA, African Guarantee Fund, partner to unlock $1.3 - $2 billion in loans to women entrepreneurs in Africa.
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FBNQuest Research projects modest GDP growth for Nigeria
The report highlights that the combined monetary and fiscal stimulus amounts to just 4% of GDP.
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IMF explains why economic diversification is important to Nigeria
IMF is concerned that crude oil is still accounting for about 90% of Nigeria’s export earnings as it did in...
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UK Supreme Court says polluted Nigerian communities can sue Shell in English courts
UK Supreme Court has ruled that Shell can be sued by polluted Nigerian communities in English Courts.
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IMF advises FG on how to raise more revenues to sustain fiscal position
The IMF has advised Nigeria on how it can raise more revenues to ensure a more sustainable fiscal position.
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