Business News
Business and economic news from Nigeria and around the world.
More than 40 SMEs in Lagos shut down due to economic crisis
No less than 42 Small and Medium Enterprises (SMEs) in Lagos have shut down due to challenges posed by the...
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Senate approves Buhari’s $22.7 billion loan request
President Muhammadu Buhari’s request to borrow $22.7 billion has been approved by the Senate.
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Stanbic IBTC reports slight 0.8% growth in profit after tax for FY 2019
Stanbic IBTC Holdings Plc has released its audited 2019 financial statement.
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Lekoil Limited seeks refund of $450,000 after loan scam involving Qatar firm
Lekoil has announced it plans to recover the fund it paid Seawave Invest Limited for facilitating its loan agreement with Qatar Investment Authority.
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FG to adjust 2020 budget as Coronavirus affects crude oil
Zainab Ahmed has disclosed that FG would review the 2020 Budget and make some adjustment as Coronavirus outbreak impacts crude...
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Meet Bashir Jamoh, new Director General, NIMASA
Dakuku Peterside has been removed by President Muhammadu Buhari from his position as the DG of NIMASA after a series of controversy.
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AFEX partners FMDQ, Dubai Commodities Exchange to deepen markets opportunities
AFEX Commodities Exchange Limited has signed MoU with FMDQ Holdings Plc and the Dubai Gold and Commodities Exchange (DGCX).
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BBC tasks Nigerian women to do more on society development
One of the major highlights of Day 5 of the Social Media Week, which was recently held in Lagos, Women...
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Insecurity: On the rise again
The armed gang killed at least 50 people in attacks on villages in the northern Nigerian state of Kaduna on...
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OPEC recommends further oil output cut to take care of Coronavirus effect
The Organisation of Petroleum Exporting Countries (OPEC), on Tuesday, recommended an additional 1 million barrels per day crude output cut.
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