Business News
Business and economic news from Nigeria and around the world.
Governor Bassey Otu inaugurates ferry service linking Calabar with Limbe, Cameroon
On Tuesday, the Governor of Cross River State, Bassey Otu, inaugurated a ferry service linking the state's capital, Calabar, with...
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Customs, EU’s DG TAXUD partner to streamline trade and documentation in Nigeria
The Nigeria Customs Service (NCS) has announced its collaboration with the Directorate-General Taxation and Customs Union (DG TAXUD) of the...
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FCTA and private sector unveil affordable mass transit buses for Abuja residents
FCTA and the private sector, has rolled out a new fleet of mass transit buses to increase the availability of...
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Intra-city fares per drop in Nigeria surged by 48.03% YoY to N963.38 in January 2024 – NBS
In Nigeria, the average fare for intra-city bus trips per drop escalated by 6.72%, moving from N902.70 in December 2023...
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President Tinubu launches expatriate employment levy
President Bola Tinubu on Tuesday, launched an expatriate employment levy, an initiative by the Federal Ministry of Interior, at the...
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House of Reps halts implementation of Nursing Council’s revised certificate verification guidelines
The House of Representatives has halted the revised guidelines set by the Nursing and Midwifery Council of Nigeria (NMCN) for...
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Alphabet, Google’s parent company, faces $90 billion market value fall
Alphabet plummeted by around $90 billion on Monday, triggered by mounting concerns surrounding the company's generative AI product.
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FG targets 20% tax on sugar beverages to tackle excessive consumption and NCDs
The Federal Government aims to implement a 20% tax on Sugar-Sweetened Beverages (SSBs) as a primary measure to curb the...
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LASG partners with Ghana’s Jospong Group to revolutionize waste management
The Lagos State Government has entered into a Memorandum of Understanding (MoU) with Jospong Group of Companies, a leading waste...
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Customs suspends distribution of seized edibles following fatal stampede incident at Yaba
The Nigeria Customs Service has temporarily ceased the direct distribution of confiscated edible items, an initiative aimed at alleviating economic...
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