Business News
Business and economic news from Nigeria and around the world.
Presidency gives reason for forex ban on food and fertilizer imports as MAN reacts
The Presidential aide said that the President’s motive stems purely from devotion to the best interest of Nigeria.
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Transport Ministry to share N10 billion palliative scheme
Transportation Ministry has constituted a committee for the disbursement of palliative funds for road transport workers.
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Fire destroys Smart Card Readers at INEC, Akure ahead of gubernatorial election
Fire destroyed a container housing Smart Card Readers in Akure, Ondo State capital.
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No foreign exchange for food and fertilizer importers – Buhari
The President would rather empower local farmers and producers than give forex to importers of fertilizer.
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WTO: Selection of new DG might be tied to the upcoming US presidential election
The eventual winner could be dependent on the outcome of the November 3 US Presidential elections.
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FG, Lagos State collaborate to address declining infrastructure in Festac Town
The State and Federal governments have resolved to address the degeneration of infrastructure in Festac Town.
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3 bank directors resign from NESG in protest to CBN immunity letter
No fewer than 3 directors of the NESG resigned following a spat between the group and the CBN.
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FG, States, LGAs share N3.879 trillion in H1 2020 – NEITI
According to NEITI, the 3-tiers of government shared N3.879 trillion in the first half of 2020.
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Nigeria Immigration automates & integrates its Stolen and Lost Travel Documents database with INTERPOL
Nigeria becomes the first African country to fully automate its SLTD database with the IPDG.
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Lagos approves 33% increase for all state pensioners
It was affirmed that both the increase and payment of the arrears would take effect from September 2020.
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