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Former NACCIMA President Dele Oye criticizes regulatory practices, says NAFDAC now charges firms for raids

August 17, 2025

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Meet top 11 artist managers powering Nigeria’s $2 billion Afrobeat music industry

August 16, 2025

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Business News

Business and economic news from Nigeria and around the world.

Jean-Philippe Benard resigns from Lafarge Africa Plc board

by Chidinma Nwagbara

Lafarge Africa Plc has announced the resignation of Mr Jean-Philippe Benard as a Non-Executive Director.

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

How banks live fat on depositors’ fund

by Fakoyejo Olalekan

Banks in Nigeria are beginning to find means of generating more revenue after the Central Bank of Nigeria (CBN) slashed e-transaction...

Research: Stock recommendations for the week, as ASI drops by 2.65% , Zenith, GTB, UBA lead actively traded stocks on Monday

Blurb

GTBank, Dangote Cement, Zenith Bank, make ARM’s hot stocks list

by Titobioluwa Okunade

The stocks of Dangote Cement Plc, Zenith Bank Plc, Nestle Plc, Nigerian Breweries Plc, and Seplat Plc have made the...

NCAA says more than 41,000 passengers experienced lost/delayed luggage in 2019

by Emmanuel Abara Benson

In 2019, there were 41,968 recorded cases of missing and delayed luggage in Nigeria, a report by the Nigeria Civil Aviation Authority (NCAA)...

LAPO microfinance bank, NSE Prepares to Launch X-Mobile to Boost Investors participation, NSE promotes investment diversification, as it holds 4th Market Data Workshop , NSE’s Oscar Onyema urges capital market operators to take advantage of Finance Act,Why the NSE is advising stockbrokers to stop applying for new licenses, NSE appointed executive committee member of the Financial and Information Services Association, COVID-19: How CBN policies helped prevent the collapse of the Nigerian economy- Oscar. N. Onyema

NSE’s Oscar Onyema urges market operators to explore opportunities in Finance Act

by Chidinma Nwagbara

The CEO of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema has emphasized the importance of the newly signed Finance...

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

Finance act: VP outlines how FG plans to capture multinational firms in tax net

by Fakoyejo Olalekan

Nigeria is at risk of trade war with the United States as FG says it will impose taxes on technology...

IMF identifies lacking facilities at Lagos seaports , Nigeria’s GDP forecast for 2020 to drop - IMF

IMF Chief says roads, customs’ facilities in Lagos seaport are poor, inefficient

by Chidinma Nwagbara

IMF Chief, Amine Mati has described the state of roads and facilities used during customs operations in Lagos ports as...

stock, shares, Equity Market down by 0.6% on Monday, Quoted Companies post N4.2 trillion combined profits since 2015, Stockbrokers in Lagos are shifting focus to commodities as stocks underperform, Stock Market gains N204 billion, as effects of OMO restriction kicks in , Penalties: NSE makes over N143.6 million from banks, real sector in 2019 , These companies could soon be delisted from the Nigerian Stock Exchange , C&I Leasing, Oando, UBA, two others top gainers chart on Wednesday, 2020 Nigerian Equities Outlook: Breaking the Jinx?, LASACO, AIICO lead gainers on Wednesday, as bourse dips 0.91% , MTN, Zenith, GTBank lead actively traded stocks on Thursday , Equities: Bearish trades cost the Stock Market N403.02 billion in one week, Blue chips outperform, as All-Share Index up by 9.2% since OMO ban

NSE: Investors lose N403.02 billion last week, as bear rules

by Samuel Oyekanmi

Investors lost N403.02 billion last week, as experts attributed the development to the sell-offs witnessed in MTN Nigeria Communications Plc,...

mCash transactions hit N88.56 billion one year after re-launch – NBS

by Titobioluwa Okunade

The NBS has disclosed that the value of mCash transactions stood at N88.56 billion between October 2018 and September 2019.

Bismarck Rewane, Nigerian Economic Summit Group raise concern over Nigeria’s debt

Bismarck Rewane, NESG raise concern over Nigeria’s debt

by Fakoyejo Olalekan