Business News
Business and economic news from Nigeria and around the world.
Guinness Plc gives reasons for its declining beer sales volume
Guinness Nigeria Plc has attributed the six percent decline in its net sales during Q1 2018/2019 financial year.
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NCC mulls solution to OTT operators as telcos and others complain
NCC is mulling several solutions to the competition facing telcos, following the emergence of OTT service providers.
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Why Bitcoin has taken a pounding in the last few days
The price of bitcoin, the world’s most valuable cryptocurrency has taken a pounding in the last couple of days. From...
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REVEALED: Why some states may not get World Bank’s $700 million
World Bank gives Nigerian government $700 million grant
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FX inflows into Nigeria dip 20% in Q3 2018
CBN economic report for third quarter show aggregate foreign exchange inflow into the economy amounted to US$26.01 billion at end-September 2018.
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Nigerian banks’ assets and liabilities hit N36.2 trillion
The Central Bank of Nigeria in its Q3 2018 Economic Report reveal the total liability and assets base.
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Ecobank shakes up the competition, introduces low-cost remittance app
The Rapidtransfer app is said to make it easy and cost-effective for Nigerians abroad to send money home to their...
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Ecobank raises $200 million credit facilities
Ecobank raises fresh syndicated loan facility
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Why 10 other states may experience telecom outage
Kogi state outage to affect neighbouring states -ALTON
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Fertilizer Producers hail FG’s total ban on NPK fertilizers
FG's ban on NPK fertilizers importation saved thousands of jobs.
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