Business News
Business and economic news from Nigeria and around the world.
Oando shares spike after Senate approved N348 billion outstanding subsidy claims for oil marketers
The Senate yesterday approved the payment of 348 billion outstanding subsidy claims to 74 petroleum marketers in the country.
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Ngozi Okonjo Iweala joins Twitter board
Nigeria's former Finance Minister Ngozi Okonjo Iweala has been appointed to the board of social media platform Twitter. Twitter founder...
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Aviation union threatens to halt Nigeria Air’s operation
The Nigerian government, on Wednesday, unveiled a new national carrier in London.
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Nigerian Sovereign Wealth Fund reduces exposure to the Middle East and the US
The Nigerian Sovereign Investment Authority (NSIA) recently released its 2017 financial report.
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Money hawkers risk prosecution, CBN warns
CBN has warned money hawkers in Nigeria to desist from the practice or risk jail term.
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These Nigerian entrepreneurs have benefited from Alibaba’s training in China
4 Nigerians are among beneficiaries of the UNCTAD and Alibaba Business School training in China for 29 young Africans.
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9 months after, Senate considers appointment of Tunde Lemo as FERMA boss
The Senate has considered Tunde Lemo's appointment 9 month after President Buhari announced his appointment.
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Positive outlook as Africa FinTech attracts over $100 million in investments
Industry players in Nigeria's FinTech ecosystem will meet in London to deliberate on investment strategies.
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President Buhari nominates Mustapha, six others for NDIC positions
President Buhari has, on Wednesday, forwarded the names of Chief Olabode Mustapha as chairman of NDIC.
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AFC grants Waltersmith Refinery $35 million debt facility
AFC has signed a $35 million debt facility agreement with Waltersmith Refining and Petrochemical Company Limited.
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