Business News
Business and economic news from Nigeria and around the world.
ChainLink, now most valuable DeFi Crypto by market value
ChainLink's market capitalization presently stands at $4.82 billion.
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Only customers with minimum of 12 hours electricity can have tariff increase – FG
The FG said it will protect Nigerians who can’t afford to pay cost-reflective tariffs from increases.
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Buhari says there is no provision for fuel subsidy in revised 2020 budget
President Buhari has today reiterated the need to do away with fuel subsidy.
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FIRS inaugurates online portal for financial institutions in the country
The innovation is part of the agency's ongoing reforms to align the country’s tax system with global standards.
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Floods destroy over 25% of Nigeria’s rice harvests
The farmers warned that the flooding may lead to food security challenges.
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FAAC: FG, States and Local Governments share N547 billion in June
The total sum of N547.3 was shared between the 3 tiers of government for May.
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UK issues new travel advice for foreign students, can work for 3 years after graduating
The UK admitted that the ongoing global restrictions may mean that some students will face delays.
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Lagos dismisses levy on audio and visual contents, suspends LSFVCB boss
The government has dissociated itself from the announcement of made by the Film and Video Censors Board.
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Nigeria secures landmark judgement, gets major relief in P&ID $10 billion dispute
The court granted Nigeria’s application for an extension of time and relief from sanctions.
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Nigeria to explore diplomatic solutions to resolve trade issue with Ghana – Trade Minister
Consultations are on-going between both nations to ensure that the matter is resolved amicably.
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