Business News
Business and economic news from Nigeria and around the world.
FEC approves N19.52 billion for road construction
The sum of N19.52 billion has been set aside for the construction of roads in Oyo, Niger, Kano, and the...
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How are you shopping this Black Friday?
It’s that time of the year again when shoppers look out for the best deals. That’s right, the 2019 Black...
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Samsung expected to supply OLED panels for Apple’s iPhone in 2020
Apple already has its 2020 iPhone lineup prepared as it plans to release the biggest iPhone ever in history.
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Nigeria’s debt still below average, IMF warns
The IMF has warned that though Nigeria’s debt to gross domestic product ratio has increased to 28%, it remains low.
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Budget: Bill to compulsory 40% allocation to capex passes second reading
Yesterday, at the lower chamber of the National Assembly, legislation a Bill to compulsory 40% allocation to capex passes second...
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NNPC, Chinese firm conclude plans to commence AKK project
The GMD of the NNPC, Malam Mele Kyari disclosed that plans to commence work on the Abuja-Kaduna-Kano Pipeline project had...
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Unilever is committed to Africa despite under-performance by Nigerian unit
Unilever, the global food and beverage company with operations across Africa, said it is “playing the long game” on the...
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Ebonyi State workers will not get salaries for this reason
Ebonyi State workers may not receive salaries should they fail to activate their BVN, Ebonyi State Governor Dave Umahi has...
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40% of Nigeria’s national budget must be voted to capital expenditure – Gbajabiamila
A bill to ensure 40% of Nigeria’s national budget is allocated to capital expenditure in the next 10 years has...
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FG reviews N50 stamp duty charge to transactions above N10,000
The Nigerian government has reviewed its policy on stamp duty charges, levied on electronic payment.
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