Business News
Business and economic news from Nigeria and around the world.
Shoprite controls 22% of Nigeria’s formal retail, future to be driven by indigenous retailers
Nigeria’s retail market faced a myriad of challenges following the recession in 2016.
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NBA to disburse over N92 million COVID-19 relief fund to 10,126 young lawyers
The name of the eligible candidates will be published on the association’s website.
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NASS to incorporate 6 months maternity leave bill into NHIA bill
Employers will now also be mandated by the bill to allow nursing mothers a 6-month maternity leave.
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Chinese Loans: Clauses are international standard terms – Amaechi
The probes into Nigeria’s use of foreign loans could negatively affect how foreign lenders perceive the country.
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Shoprite lays off 115 workers, shuts down second branch in 5 months
The company has been reviewing its long-term options in Africa after currency devaluations.
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Expert simplifies FIRS’ newly-introduced stamp duty
Following the confusion over the recently introduced stamp duty, an expert clarifies what is expected.
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FG increases hate speech fine from N500,000 to N5 million, moves against monopoly and antitrust
The new regulation is part of the amended Nigerian Broadcasting Code.
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NDDC reveals more lists of contracts awarded to federal legislators
The Commission said it released the list to expose committee chairmen in the National Assembly.
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Buhari orders payment of stranded NDDC scholarship students, commission gives reason for delay
The delay, it was revealed, was caused by the sudden death of the then EDFA of the commission.
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NIPOST’s new charges could have ruined the e-commerce/logistics industry
The backlash NIPOST got from SME proved enough to get the attention of the FG.
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