Business News
Business and economic news from Nigeria and around the world.
South Africa to launch AI-driven digital visa system for tourists in September 2025
South Africa will revolutionise its immigration process by launching a fully digital Electronic Travel Authorisation (ETA) system in September 2025...
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EFCC arraigns SunTrust Bank MD, Executive Director over alleged $12 million money laundering
The Economic and Financial Crimes Commission (EFCC) on Friday, June 13, 2025, arraigned the Managing Director/Chief Executive Officer of SunTrust...
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Oil Subsidy Fraud: EFCC declares Fargo Petroleum MD wanted over alleged N976 million scam
The Economic and Financial Crimes Commission (EFCC) has declared the Managing Director of Fargo Petroleum and Gas Limited, Seun Ogunbambo,...
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Cybercrime: Court convicts 9 internet fraudsters in Anambra
The Federal High Court sitting in Awka, Anambra State, convicted and sentenced nine internet fraudsters to a correctional centre over...
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US-based Nigerian archaeologist Abidemi Babalola wins $300,000 Dan David Prize
US-based Nigerian research archaeologist and expert in anthropological archeology, Mr. Abidemi Babalola, has won the $300,000 Dan David Prize, recognised...
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Democracy Day: Tinubu confers 139 National Honours for “outstanding contributions of heroes”
President Bola Tinubu on Thursday conferred national honours on late Chief Moshood Abiola, a former chairman of the defunct National...
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Kuwait to enforce mandatory exit permits for foreign workers in private sector starting July 2025
Kuwait will require all foreign workers in the private sector to obtain an employer-approved exit permit before they can leave...
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Nigerian Ports Authority orders off-dock transfers, tightens gate rules at Apapa to ease terminal congestion
The Nigerian Ports Authority (NPA) has directed APM Terminals Apapa to begin transferring import containers to off-dock terminals and implement...
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Finland to allow work-based residence permit holders to change occupations from June 11
The Ministry of Economic Affairs and Employment of Finland has announced that from June 11, 2025, individuals holding work‑based residence...
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Alleged $1bn scam: CBEX promoters ask court for bail from EFCC custody
Three promoters of the now-collapsed and fraudulent cryptocurrency investment scheme known as “CBEX” have sought bail from the Federal High...
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