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BUSINESS NEWS

Business and Economic News from Nigeria

The FG is working on a Downstream Policy aimed at ensuring the beneficiation of solid minerals before being exported from the country.
Nordic Development Fund (NDF) has approved $8.8 million in grant funding to the African Water Facility (AWF).
The AfDB’s Fashionomics Africa initiative is launching a competition to support designers of sustainable and circular fashion.
FDI in Q3 prints $414s, a 100% jump year on year in Nigeria.
Osinbajo has stated that the government will improve the business environment for MSMEs in Nigeria by proper regulation.
The Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1.
Aliko Dangote's wealth valuation is now put at $15.9 billion as his fortune showed significant gains of $1.09 billion in the last 365 days.
An unknown BTC whale transferred 16,280 BTC ($315 million) in block 661,411.
The FG has announced the suspension of the issuance of licences for the operations of Free Trade Zones across the country.
Gmail and other Google services are now up and running after a major technological outage at noon on Monday.
Nestlé S.A has invested a whopping N147.8 million in shares of its Nestlé Nigeria Plc.
eTranzact has announced a projected 173.3% increase in PBT for Q1 2021.