Business News
Business and economic news from Nigeria and around the world.
Despite FG’s N900 billion investment, Nigeria’s power sector remains in failing state
The Nigeria power sector has over the years remained in a failing state despite the whooping N900 billion invested into...
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CBN acts tough again, gives banks 72 hours ultimatum to resolve customers’ complaints
The Central Bank of Nigeria has hit the hammer on the deposit money banks with a 72 hours ultimatum to resolve customers’...
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NLC enters dialogue with Ecobank over disengaged staff
After picketing of @ecobank_nigeria, members of the organised labour under the auspices of NLC, have entered into dialogue with the...
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Stockbrokers won’t agree whether CBN’s SDF policy will make banks great again
FSDH, CSL Stockbrokers, and Moody’s argue the Central Bank of Nigeria's (CBN) new Standing Deposit Facility (SDF) policy.
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Businesses boom as South-West States rank top on SMEs in Nigeria
The latest report released by the National Bureau of Statistics (NBS) has revealed that three South-Western States in Nigeria have...
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FG might dispose Nigeria Air project, as Ethiopian Airlines moves to become national carrier
Months after the Federal Government abandoned the national carrier project, Ethiopian Airlines has disclosed that the company is in talks...
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Access Bank’s Chief supports CBN’s new policy to encourage lending
CEO, Access Bank Plc, @HerbertOWigwe has shown support for @cenbank mew directive on banks' daily deposits placement through the apex...
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PAC Holdings is set for green financing
PAC Holdings has taken a bold step on the campaign towards green finance.
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The NSE closes the week in negative territory
The Nigerian Stock Exchange ended Friday’s trading session in negative territory. The All Share Index closed at 28,566.79 basis points,...
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Why telcos should double $70 billion investments – NCC
The Nigerian Communications Commission (NCC), has tasked licenced mobile network operators (MNOs) to double their telecom investments from $70 billion...
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