Business News

Tinubu heads to Abuja after participating in Aqaba Process Summit in Rome

October 18, 2025

Entertainment

Nollywood box office: Top 10 movies with record opening weekends

October 18, 2025

Omi Eko: Lagos commences €410 million inland waterway project on Lagos Lagoon

October 17, 2025

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Business News

Business and economic news from Nigeria and around the world.

Biden should widen the AGOA for integration with the AfCFTA - Atiku, Intels denies NPA statement, Nigerian Ports Authority and Intels, Atiku Abubakar, Atiku claims he has big plans for private sector investment in infrastructure, Coronavirus: Atiku calls for petrol pump price reduction, stamp duty suspension

Politics

Recession: Nigeria must stop borrowing for anything other than essential needs – Atiku

Atiku Abubakar has advised the Federal Government to expunge non-essential line items from the proposed 2021 budget.

LCCI, NECA warn FG on endangering productivity of Nigerians, LCCI DG offers equity financing as solution to President Buhari’s cravings for loan

LCCI tells FG to fix structural issues to reduce operating costs for investors

LCCI has advised the Federal Government to fix structural issues to reduce production and operating costs for investors.

UK ready to partner with Nigeria to generate long term benefits – UK Trade Envoy

UK Trade Envoy to Nigeria stated that the UK government could partner with Nigeria in generating real and long-term benefits.

NECA urges FG to expand tax net, Unemployment to hit 33.5% in 2020, NECA warns, NECA seeks data of unemployed Nigerians to effect FG’s stipends payment

Recession: Government should give more tax cuts to promote business capital investment – NECA

NECA has called on Government to give more tax cuts as a means to promote business capital investment.

CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies

BOFIA 2020 bars banks from hiring dismissed govt workers

by Abiola Odutola

Financial institutions are barred from employing or retaining an individual that was dismissed from either the federal, state or local...

Zenith Bank GMD and CEO Mr. Ebenezer Onyeagwu, One year as CEO of Zenith bank, stocktaking

Zenith Bank posts PBT of N177.3 billion in 9M 2020

by Chidi Emenike

Zenith Bank performed well in most of its key financial metrics, recording an impressive figure across board.

FBN Holdings Plc posts Profit of N21.9 billion in Q3 2020

by Chidi Emenike

FBN Holdings' profit was boosted by high trading income coupled with a lower operating expense.

Trump proposes $25 billion bailout for U.S. airlines, President Trump approves Oracle, Walmart deal with TikTok, US gives reasons it warned citizens against travelling to Nigeria, lists 12 high risk states, Donald Trump, What does Iran’s war with America mean for Africa?, US to stop issuing visa for Birth Tourism, Trump Travel Ban List: Why Nigeria should be excluded , US spends over $5b in health assistance to Nigeria in 20 years, gives $32.8m for covid-19, Oil Is Back, YouTube suspends President Trump's account

Diaspora

Trump International Hotel sale stalled

by Johnson Uche

The planned sale of the Trump International Hotel has been put on hold indefinitely.

Politics

Nigeria’s economy dips into second recession in 5 years

by Johnson Uche

NBS data for Q3 2020 shows a dip of 3.62% in real GDP, confirming the Nigerian economy has officially fallen into a second recession in 5 years.

Insights: Yemi Kale reveals key advantages and limiting factors for Nigeria's economy

Politics

NBS hits back at Prof Hanke, says Nigeria’s inflation is not 33%

by Samuel Oyekanmi