Business News from Nigeria, Africa and the world

Bus fare paid by Nigerian commuters increased by 68.8% in October 2020

The average fare paid by Nigerian commuters for a bus journey intra-city spiked by 68.82% from N190.86 recorded in October 2019 to N322.22 in October 2020

Aviation contribution to GDP drops by 38.86% in Q3 2020 - NBS, uae, Hadi Sirika, Minister of Aviation lists

Hospitality & Travel2 days ago

Aviation contribution to GDP drops by 38.86% in Q3 2020 – NBS

A recently released NBS report indicates that air transport contracted by 38.86% in the third quarter of 2020.

Corporate Press Releases2 days ago

FITC, equipping individuals and organizations with knowledge for sustainable business performance & growth

FITC’s programmes are designed to deliver world-class learnings aimed at equipping individuals and organizations for business performance and growth.

Lagos State begins recruitment for Agripreneurship programme, Sanwo-Olu confirms Abisola Olusanya as new Agriculture commissioner

Business2 days ago

Lagos State begins recruitment for Agripreneurship programme

The Lagos State Government commences the recruitment of eligible and interested candidates for its Lagos Agripreneurship Programme.

FG directs 9,000 filling stations to install gas facilities, FG discloses when Nigeria will start exporting petroleum products, DPR closes seven gas firms in Lagos, plans to close more

Energy2 days ago

DPR approves new Liquefied Petroleum Gas guidelines for investors, operators

DPR has announced the introduction of new guidelines to accommodate more LPG investors and operators across the country.

Unilever Overseas increases stake in Unilever Nigeria Plc

Corporate Press Releases2 days ago

Q3 2020 Unaudited Report: Unilever Nigeria records N17.4billion revenue

A precursory analysis of the firm’s quarter results indicates that revenue went up 93.9% to N17.39 billion from N8.97 billion in the same period in 2019.

Here are macro trends that will shape Nigeria in 2021 - KPMG

Macro-Economic News2 days ago

Here are macro trends that will shape Nigeria in 2021 – KPMG

Analysts in KPMG Nigeria have stated that there are 10 macro trends that will determine the fate of the nation's economy next year.

Reps to investigate alleged illegal withdrawal of $1.05 billion from NLNG account, NDDC Probe: Reps give Akpabio 48 hours to publish name of lawmakers who got contracts, PIB and Electoral Amendment Bill pass second reading at House of Reps

Economy & Politics2 days ago

PIB and Electoral Amendment Bill pass second reading in House of Reps

The Petroleum Industry Bill (PIB) and the Electoral Act Amendment Bill has passed second reading in the House of Representatives. This was disclosed by Channels TV...

ENDSARS2 days ago

#EndSARS: States affected by violence should get 1% VAT – Senate

The Nigerian Senate has urged the Federal Government to give states that were affected by lootings and destruction by hoodlums after the anti-police brutality protests, 1%...