Business News

NAFDAC seizes over N1.5 billion worth of fake and expired products in Lagos crackdown

"Japa"

Uzbekistan’s hike of minimum salary for foreign workers takes effect

NBC Act: FG, NBA react to Niger Governor’s shutdown of private radio station

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Business News

Business and economic news from Nigeria and around the world.

Stamp duty, Senate to probe PPPRA over non-remittance, blame systemic corruption for bad roads, Senate invites Bigi and Pepsi manufacturers, as stiff competition continues , Senate orders investigation of banks over withholding tax remittances

Committee gets one week to submit MTEF/FSP report – Senate

President Muhammadu Buhari presented the 2020 MTEF and the FSP seeking approval from the Senate.

Saudi Aramco Ramps up IPO Preparations Despite Weakened Demand Outlook

by Meristem

As at the end of 2018, Nigeria's total proven gas reserves were 202Trillion Cubic Feet (TCF), 37.26% of the total...

UBA, LCCI partner to create value for SMEs at 2019 Lagos Int’ Trade Fair

Milk Import: Experts advise CBN on FX restriction

by Damilare Famuyiwa

Industry experts have advised the CBN to consider consulting stakeholders before effecting the ban on access to forex for milk...

FEC approves N314 billion for new projects

by Chidinma Nwagbara

N311.8 billion has been approved by the Federal Executive Council (FEC) for the construction and rehabilitation of two link roads.

How to start investing- tips from Warren Buffett

Billionaire Watch

Why Warren Buffet’s $4.6m lunch with Bitcoin entrepreneur is experiencing delay

by Chidinma Nwagbara

Year in, Year out, Warren Buffet auctions off a three-hour lunch date tagged The Power Meal.

FG to establish a new anti-corruption agency, P&ID, FG, malami, $9bn fine is a scam - Federal Government , UPDATED: P&ID operations shut down, assets forfeited by court order

UPDATED: UK Court grants Nigeria right to appeal P&ID judgement

A United Kingdom court has granted Nigeria the right to appeal.

Illicit financial flows: Nigeria lost $157.5 billion in almost 10 years – Buhari

President @MBuhari has revealed that Nigeria lost 157.5 billion dollars to illicit financial flows between 2003 and 2012.

NNPC, Domestic Crude Allocation, Why NNPC’s Duke Oil is quitting London operations for Dubai , NNPC divests stake in four oil wells to NPDC , How NNPC discovered oil, gas deposits in the North , Nigeria to leverage on condensate refineries to be petrol net exporter, How NNPC saved $3 billion from arbitration , NNPC, IPPG donate medical supplies to South West state governments, NNPC discloses bases for employment and managerial progression in the oil firm, NNPC diversifies into housing, power; plans to beat crude production cost to $10 per barrel

NNPC transfers stake in four oil wells to NPDC

The NNPC has signed an agreement with NAOC and Oando for the transfer of its stake in four oil wells to the NPDC, its...

Sulaimon Adedokun resumes as TRANEX Board Chairman Dangote Cement, Zenith Bank, shares, stocks, ARM's Shares of fortune, Understanding securities lending, nigerian stock exchange, coronavirus, NSE, Bears return ASI down 0.13% as trading volumes plunge, What’s going to happen to Nigeria’s stock market in May?, What’s going to happen to Nigeria’s stock market in May?, Nigerian bourse gains N37. 26 billion, triggered by BUACEMENT, ZENITH

Aso Savings, Evans, Multi-Trex, others in huge financial losses over compliance fines

by Abiola Odutola

Aso Savings and Loans and 17 others have made the Nigerian Stock Exchange’s Caveat list, as they appear to be distressed.

World Bank’s $2.5bn loan will hurt Nigeria’s economy – LCCI

by Chidinma Nwagbara