Business News
Business and economic news from Nigeria and around the world.
Starwood Hotels Ramps up Nigeria Portfolio with New Four Points in Benin City
Starwood Hotels announce the opening of a new four-star hotel, Four Points Benin City, with plans to open more hotels...
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Buharinomics: Innoson Vehicle Plant Stops Production on Dollar Shortage
Even made in Nigeria needs dollars
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Inflation Accelerates to 17.10 percent: Prepare For More Interest Rate Hike
It's the most obvious response.
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Nigeria Is Officially In A Recession: What It Means and Possible Solutions
The National Bureau of Statistics (NBS) has released its 2016 Q2 GDP report revealing that Growth rate for the quarter...
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How Buhari Can “Impress” Nigerians In His Last 607 Working Days
The former governor of the CBN explains how Nigeria got into the current economic mess it finds itself as well...
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Why Long Queues At Filling Stations May Soon Re-appear
The $985 million debt of fuel importers, resulting from delayed payment from FG and plunging exchange rates, have caused suspension...
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Maersk Supply Service Will Release 400 Crew Members and Here Is Why
Maersk Supply Service will reduce its fleet by 20 vessels and retrench 400 crew members due to limited trading opportunities,...
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Dangote Cement Prices Up 69% To N2,200 Per Bag
A survey conducted by our research team confirms that the price of a bag of Dangote Cement has risen to...
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Mark Zuckerberg: “The Energy in Nigeria is Amazing”
Mark Connects with Nigeria in person.
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Alert: Central Bank Issues Licenses To These 11 MTO’S
The Central Bank of Nigeria has announced the issuance of licenses to 11 New Money Transfer Operators (MTO). See below...
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