Business News
Business and economic news from Nigeria and around the world.
Lagos diverts traffic at outer Marina for rail project, provides alternative routes
The Lagos State Government has announced the diversion of traffic on outer Marina Road in Lagos Island as part of...
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US State Secretary discloses expectations on how FG should handle #EndSARS report
The US Secretary of State, Anthony Blinken, has disclosed the specific expectations from the federal government in the handling of...
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Standard Bank pioneers $111 million Green Loan Refinance for Actis
On the 17th of November 2021, the Standard Bank Group announced the closure of a $111m Green Loan Refinancing for...
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AfCFTA:Â Nigeria targets exports of $1.2 billion for each state
The Federal Government through the National Action Committee, African Continental Free Trade Agreement (AfCFTA) announced that it plans to grow...
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NRC announces receipt of 24 bids for Lagos/Ibadan, Warri/Itakpe e-ticketing solutions
The Nigerian Railway Corporation has announced that it has received a total of 24 bids on open requests for the...
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WAEC increases examination fees by 29%, releases 2021 WASSCE results
The West African Examination Council (WAEC) has announced the release of the 2021 West African Senior School Certificate Examinations for...
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Bank failure: Over 97% of depositors at deposit money banks are covered by the NDIC
In the event of a bank failure, the Nigeria Deposit Insurance Corporation (NDIC) stated that over 97 per cent of...
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CBN may publish names of agric fund defaulters, risk 5-year jail term for diversion
The Central Bank of Nigeria (CBN) stated that it would publish names of loan defaulters under its Agricultural Credit Guarantee...
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Dismantle trade barriers to grow Africa’s economy, Dangote urges leaders
African leaders have been urged to dismantle trade barriers stifling their individual countries, in a bid to ensure smooth flow...
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FG to increase basic education funding to 3% from Consolidated Revenue Fund
The Federal Government has stated that it plans to increase funding for the basic education sector from 2% to 3%...
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