Business News
Business and economic news from Nigeria and around the world.
VC Firm, GreenTree holds Pitch Day for over 20 promising Startups
The venture capitalist firm will provide funding to startup founders whose business ideas/models meet set criteria.
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FAAC: State Finance Commissioners accuse FIRS of N90 billion shortfall
FAAC may turn its focus to the NCS and FIRS over the poor remittances.
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Chinese firm is set to invest $3 billion in Nigeria’s oil and gas.
The management of CNOOC has expressed its readiness to invest additional $3bn in its existing stakes in offshore oil and...
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London Court orders Wale Tinubu’s firms to pay Volpi $680 million
LCIA has ordered two companies owned by Wale Tinubu, and Mofe Boyo, to pay a total debt of $680m.
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Investigation reveals how banks contribute to long queues at ATMs
Lagos residents in Iyana Ipaja and environs have had a lot to contend with in recent times.
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Ecobank may shift bond raise to next year
Ecobank Managing Director Ade Adeyemi may have foreclosed the possibility of the bank raising a Eurobond this year.
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UAE Exchange rebrands its Africa operations as Unimoni
UAE Exchange has announced the rebranding of its Africa operations as Unimoni.
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Foreign investment outflows on the rise as foreign investors dump Nigerian equities
Foreign portfolio investment (FPI) outflows from the country's stock market rose by 124.7% percent in May 2018.
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C&I Leasing Plc announces buyout of Petrotech JV minority shareholders
C&I Leasing Plc has concluded the buyout of 27.5% minority stake in C&I Petrotech Marine Limited.
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NCC provides security for MTN’s equipment as picketing fears thicken
The NCC is working in collaboration with NSCDC to protect MTN Nigeria's installations.
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