Business News
Business and economic news from Nigeria and around the world.
Nigeria’s local wheat production declines as flood threatens wheat-based foods
Nigeria's Wheat import grew by 31% in the second quarter amidst an increased demand by bakers and pasta manufacturers in...
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Oil drops below $80, contradicting initial forecasts
Crude oil prices have declined, currently trading below $80 per barrel.
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Buhari move to borrow $2.79billion in international market
Lawmakers in the Nigerian Senate consented to President Buhari request for the issuance of a $2.79billion Eurobond in the global debt market. This...
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Supreme Court orders FG to commence recovery of lost oil revenues
FG on a mission to recover all lost revenues since 2003
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Seplat exonerates self from $114m court judgement against Chairman
The management and Board of Seplat Petroleum Development Plc have quickly exonerated itself from a recent court judgement involving its...
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Zenith Bank releases Q3 2018 results
Zenith Bank has released its results for the 9 months ended September 30, 2018.Here are key highlights of the results....
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Microfinance bank slams N5 million lawsuit on CBN, NDIC
BFL drags CBN, NDIC to court for withdrawing its operating license
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These states may have been awarded a jackpot over 18 years lost revenue
Three oil-producing states Akwa Ibom, Rivers and Bayelsa may be expecting higher FAAC receipts going by a Supreme Court judgment. The court...
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These 5 states will not be paid $2.7 billion Paris Club Refund, here’s why
Paris Club Refund due to Benue, Imo, 3 other states amount to $2.7 billion
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MTN and CBN will soon find a common ground
The Federal Government has raised hopes that the Central Bank of Nigeria CBN and troubled teleco-giant
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