Business News

Tinubu heads to Abuja after participating in Aqaba Process Summit in Rome

October 18, 2025

Entertainment

Nollywood box office: Top 10 movies with record opening weekends

October 18, 2025

Omi Eko: Lagos commences €410 million inland waterway project on Lagos Lagoon

October 17, 2025

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Business News

Business and economic news from Nigeria and around the world.

Cross River State eyes AFREXIM’s $500 million funds

Cross River State has sought a partnership with the African Export-Import Bank (AFREXIM) in order to access $500 million Manufacturers...

FG providing platforms where businesses can thrive - Lai Mohammed, COVID-19: FG inducts committee for creative industry palliatives, LICENSE, FG reiterates commitment to implement reform of broadcasting code , Economy: FG restates commitment to border closure, FG releases new broadcast media regulation to affect DStv’s monopoly , Digital Switch Over (DSO) in broadcasting will transit to a private-sector-driven enterprise - Lai Mohammed, FG needs to explore nation’s tourism as a panacea for unemployment

Politics

FG reiterates commitment to implement reform of broadcasting code

by Chidinma Nwagbara

Lai Mohammed has moved for the review and implementation of the recommendations on reforming the Nigerian broadcasting code.

CBN releases new guidelines for OFIs, orders inclusion of NUBAN code or face sanctions

CBN intervenes with $8.28 billion to defend Naira

by Bamidele Samuel Adesoji

The CBN injected a cumulative sum of $8.28 billion to further sustain relative stability in the Foreign Exchange (FX) market.

e-Learning Platform, Africa Development Bank. AfDB develops Index to aid women empowerment , African Development Bank awards $1.1 million to boost food production in Africa , AFDB increases capital to $208 billion in bid to secure Africa’s future , African Investment Forum: AfDB eye $67 billion deals , ECOWAS backs Adewunmi Adesina’s re-election as AfDB election nears , AfDB bows to pressure from U.S., orders an independent probe of Akinwumi Adesina, Fitch rating agency affirms AfDB's AAA rating with stable outlook, Digital Nigeria e-Learning Platform registers 16,000 users in 24 hours - African Development Bank

Adesina leads the charge to lend to women-focused businesses

The President of the Africa Development Bank (AfDB), Dr. Akinwunmi Adesina, has called for the need to lend to women...

Here’s why Glo users will no longer be able to call Airtel lines again

by Fakoyejo Olalekan

Over 29 million Glo users in Nigeria will no longer be able to contact Airtel Nigeria lines following a ban from the Nigerian Communications...

Border Closure: IMF lauds Nigeria's move to curb illegal trade , IMF Links the #EndSARS protests to economic difficulties

Nigeria’s border closure hurting Benin, Niger economies – IMF

by Chidinma Nwagbara

The IMF has said that the continuous closure of the Nigerian borders is hurting economies of Benin and Niger Republic.

Rice, RIFAN, Rice will be abundant this Christmas, RFAN says

Price of rice will be N9,000 soon – RIFAN

Rice farmers have given an assurance to the General public that a 50kg bag of rice will sell for N9,000...

FIRS establishes Tax Office for foreigners in Nigeria, intensifies compliance strategy

by Bamidele Samuel Adesoji

The Federal Inland Revenue Service (FIRS) has established a tax office for non-resident tax persons in Nigeria.

SEC, Primary and secondary school students to start taking classes on Capital Market

SEC to lure NNPC, NLNG, others to list shares on NSE

The Nigerian Stock Exchange will encounter a new boost following the Securities and Exchange Commission (SEC) decision to get oil...

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

Communication Minister orders telcos to reduce prices of data packages