Business News
Business and economic news from Nigeria and around the world.
Economist Summit: Okey Enelamah says Naira options may involve “pricing flexibility”
Nigeria’s minister of Industry, Trade and Investment Okey Enelamah said at the Economist Summit today that options for the naira...
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Dangote To Buy Phosphate From Morocco
Dangote Group, said on Monday that it is planning to buy phosphate from Morocco and potash from Congo-Brazzaville to feed...
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This State Government Will Tax You For Drinking Alcohol
Akwa Ibom Commissioner for Finance, Akan Okon, said the state would begin to tax consumption of alcohol in hotels and...
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These Are The Reasons Why NNPC Lost N5.7B In January
The Nigerian National Petroleum Corporation (NNPC) this week, revealed that about four (4) refineries in the country lost a whopping...
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Pension Fund: Why Fashola and Other Investors Cannot Access For Infrastructural Development
Investors are finding it difficult to access accumulated pension funds in excess of N5.3 trillion due to inability to meet...
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BOOM: Brent Crude Rises to $39 (Budget Benchmark is $38)
The price of Brent Crude crept past $39 over the weekend as the rally on the oil price gathered steam....
Read moreDetailsBusiness Round Up (March 7): Refineries record first profit in 12 months, Investment inflow into Nigeria drops by N2.3tn
Punch Investment inflow into Nigeria drops by N2.3tn: The Nigerian economy recorded a total decline of $11.68bn (N2.3tn) in investment...
Read moreDetailsOwners Of Dano Milk Just Signed An Agreement To Invest In Nigeria’s Dairy Production
Arla Foods, an international cooperative based in Århus, Denmark, and the makers of Dano milk and Lupark Butter, has stated...
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Buhari: Nigeria Will Not Withdraw Its OPEC Membership
President Muhammadu Buhari has strongly lashed out at past administrations in Nigeria over their total reliance on oil as their...
Read moreDetailsVideo: Buhari just confirmed your biggest dollar fears; School fees will be targeted
In an often feisty interview, President Buhari was on the hot seat on Al Jazeera's "Talk to Al Jazeera" program...
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