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BUSINESS NEWS

Business and Economic News from Nigeria

With the scaling back of the OPEC+ cuts of 9.7 mbpd to 7.7 mbpd we may begin to see some pressure on brent price.
Forex turnover at the Investor and Exporters (I&E) window recorded a significant decline.
Virtual meetings will be used to complete the outstanding discussions and negotiations.
Coronavirus pandemic has come to stay, CCECC to come up with measures of completing the rail project.
Julius Berger’s construction portfolio includes infrastructure, industry, building, and facility services solutions.
Nigeria’s exchange rate at the NAFEX window appreciated closing at N385.83 during intraday trading on Thursday, August 13,...
The warehouse was said to be used in storing plastic crates.
The new regulatory framework by the State government is expected to take effect from August 20, 2020.
Africa's leading e-commerce firm Jumia released its second-quarter earnings on Wednesday showing it incurred a loss of Eur...
The partnership will enable Airtel to provide increased access to mobile money services to customers.
Jumia reported a loss after tax of Eur 37.6 million (N17 billion) in the second quarter of 2020.
The massive price increase in recent weeks has lured many speculators into profit-taking.