Business News

Crime and Insecurity

Lagos Court convicts Sulaiman Gbajabiamila over N31 million property fraud and bank cheque forgery

NDLEA arrests Kano drug kingpin after 3 Nigerians detained in Saudi Arabia over tagged bags

Lagos to earn additional $1 billion forex inflows annually

Home Category Business News

Business News

Business and economic news from Nigeria and around the world.

Power: UAE builds energy Plant in Lagos

The United Arab Emirates (UAE) has constructed a 300 megawatts (MW) renewable energy plant in Lagos to aid power distribution.

Afreximbank discloses plan to list via IPO

by Chidinma Nwagbara

The African Export-Import Bank (Afreximbank) has declared its intention to list on the London Stock Exchange (LSE).

Politics

Finance Bill to be passed in December – House of Reps

Members of the House of Representatives have announced that the Finance Bill will be passed in December.

How So Fresh founder dumped oil money to sell fruits and salads

Politics

Border closure affecting revenue and Nigeria is not food sufficient – So Fresh co-founder, Olagoke Balogun

by Fakoyejo Olalekan

The border closure by President Muhammadu Buhari is gradually affecting small and medium businesses in Nigeria.

Ellah Lakes CEO Chuka Mordi and Jamie Rixton, Ellah Lakes Chuka Mordi interview, New facts behind the acquisition of Telluria Limited by Ellah Lakes emerge, Ellah Lakes reacts as changes in company operation fuels name change , Ellah Lakes reacts as changes in company operation fuels name change , Ellah Lakes Plc announces close period for H1 2019 results

Ellah Lakes Plc announces close period for financial year end results

by Chidinma Nwagbara

The Board of Directors of Ellah Lakes Plc has announced that it would meet on the 22nd October to consider the audited financial statements of the...

Nigerian Stock Stock, Investors lose N26 billion as ASI dipped 0.22% on Wednesday,Bears return to global equity markets, Trump’s help boost Crude oil

Custodian, Access bank, Lafarge lead top trades on the NSE

by Adaobi Nnadiukwu

Custodian and Allied Insurance, Access Bank, and Lafarge led the most actively traded stocks on the NSE in Wednesday's trading...

FIRS, VAT, Tax, Dangote, FHC faults FIRS using banks as tax agents , FIRS boss, Babatunde Fowler’s tenure ends, replacement disclosed

FHC faults FIRS using banks as collection agents unduly

by Abiola Odutola

A Federal High Court (FHC) has ruled that it is unlawful for FIRS to appoint the Guaranty Trust Bank as its collecting agent.

Bitcoin's market value can reach $600 billion, JPMorgan appeal to quash $875 million Nigerian lawsuit denied by London Court

JPMorgan’s appeal to quash $875 million Nigerian lawsuit denied by London Court

JPMorgan, a US Bank has asked a London Court of Appeal to dismiss an $875 million lawsuit brought against it...

BoI’s MD complains that SMEs don’t repay loans, Nigerians react

by Emmanuel Abara Benson

The MD of Nigeria’s BoI, Kayode Pitan, was recently quoted as saying that it is very challenging to get repayment on loans issued to SMEs.

Appointments

Adeleke confirmed as NCC Executive Commissioner by the senate