Business News

Entertainment

Nigeria’s box office sales drop to N900 million, second lowest of 2025

Lagos govt removes illegal structures obstructing Jebba/Kano collector in Ebute Metta

Entertainment

Netflix stock dips after Elon Musk subscription controversy

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Business News

Business and economic news from Nigeria and around the world.

Expert lists non-oil export opportunities open for Nigerian businesses

Border closure might collapse economies of African countries – Trade expert, Bamidele Ayemibo

by Fakoyejo Olalekan

Bamidele Ayemibo, a trade finance expert, has thrown more light on why Nigerians need to support Buhari’s decision to close...

Buhari proposes sweeping changes to tax laws in 2019 Finance Bill

by Bamidele Samuel Adesoji

President Muhammadu Buhari has proposed sweeping changes to Nigeria's tax system.

Alibaba set for Hong Kong IPO

by Chidinma Nwagbara

Alibaba Group Holding Limited, a Chinese multinational holding conglomerate is planning to list its shares on Hong Kong’s stock market.

PFAs make N1.69 trillion ROI , Pension Contributions in Nigeria rose by N169.9 billion in 3-month , PenCom calls for thorough scrutiny of dead RSA holders’ benefits, PenCom discontinues Employee Death Benefit Account , PFAs boost investment in infrastructure by N17.77 billion in one year , Pension: Low RSA balances - a subtly growing concern, PENCOM boss queried for spending unapproved funds, N5 billion on 360 staff in 8-month , How negative performance in the capital market affected PFAs in 2019, PenCom seeks pension bonds to clear N400 billion arrears as retirees groan, PenCom set to offer pension bonds to offset unpaid pension arrears, Is the pension asset just another cookie jar?, PenCom threatens companies with no insurance covers for their staff , PENCOM Notifies RSA holders on the mandatory data recapture exercise

PenCom discontinues Employee Death Benefit Account

by Titobioluwa Okunade

PenCom has discontinued Death Benefits Account (DBA) for deceased employees under the contributory pension scheme.

PMI equips SMEs with skills for sustainable growth

by Titobioluwa Okunade

The PMI is helping the Small and Medium Enterprise sector grow by training and providing skills to owners of businesses...

Dangote expresses confidence of making 30 billion revenue , Dangote condemns low input of manufacturing sector to economy , Dangote Group goes to Togo, sets up fertiliser and cement factories

Dangote Group goes to Togo, sets up fertiliser and cement factories

by Emmanuel Abara Benson

Nigeria’s Dangote Group is set to explore Togo’s significant phosphate reserves.

Budget

Sanwo-Olu presents N1.1 trillion 2020 budget

by Bamidele Samuel Adesoji

Lagos Governor, Babajide Sanwo-Olu has presented a total budget size of N1.168trillion for 2020 to the House of Assembly. The...

Olowoojere resigns as Omoluabi Mortgage’s MD/CEO, as Aworonke gets appointed

Appointments

Olowookere resigns as Omoluabi Mortgage’s MD/CEO, as Aworonke gets appointed

by Chidinma Nwagbara

Omoluabi Mortgage Bank Plc has appointed Olaitan Aworonke as an acting MD/CEO, after the resignation of its former CEO, Ayodele...

To protect margins, Nigeria’s top brewers are set to increase prices

by Emmanuel Abara Benson

Nigeria’s top brewers are considering increasing the prices of their products in a bid to survive.

FG directs the suspension of NIMC staff involved in extortion of NIN applicants, SIM. Social media accounts monitoring, FG completes 11 projects to drive Digital Economy, FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos , Why Nigeria’s Data woes may not end soon , Pantami reacts to CBN’s ATM fee cut, keeps mute on directive to cut data cost , Pantami condemns FIRS move to collect stamp duty, MTN, Airtel, others disregarding Pantami’s voicemail, data directives on all front , FG warns State governments against RoW charge increase, FG reiterates commitment towards implementing broadband strategy ,FG reiterates commitment to 75% broadband penetration in 5 years , Pantami tasks Youth on developing creative and entrepreneurial digital skills

FG orders NIPOST to stop cash transactions

by Chidinma Nwagbara