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NIGERIAN BUSINESS NEWS

Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.20% (year-on-year) in...
The Nigerian bourse fell slightly to open the week, as the Nigerian All Share Index/Market Capitalization declined by 0.12%.
Ekiti, Kogi, Sokoto, Bayelsa, Ebonyi, Gombe, Jigawa, Abia and five other state governments failed to attract investments in 2019, a report by the National Bureau of Statistics disclosed.
Federal Government has suspended its plan to obtain $22.7 billion external loan due to current realities in the global economic landscape.
Driven by fears of naira being weakened at the fallout in last week's plunge in oil price, foreign portfolios investors ramped up their exit from the fixed income market.
The Central Bank of Nigeria (CBN) has disclosed that the interest rates on all applicable apex bank's intervention facilities have been reduced from 9% to 5% per annum for 1 year effective March 1, 2020.
Access Bank Plc, at the weekend, commenced the 12th season of its DiamondXtra promo as part of its continuous drive to encourage savings culture and reward its loyal customers.
According to the National Bureau of Statistics (NBS), the contribution of the Aviation industry to Nigeria's economy increased by 0.14% in 2019.
Data from four of the Tier 1 banks in Nigeria revealed that PwC and KPMG earned N3.17 billion as audit fees for the year ended December 2019.
With coronavirus affecting prices of goods, the governor of the CBN, Godwin Emefiele says the CBN is contemplating reducing interest rate.
The Nigerian National Petroleum Corporation said Sunday's deadly explosion in FESTAC, Lagos, was caused by gas leakage.
The Federal Government has sought the support of the Swedish government for the deployment of more robust broadband infrastructure in Nigeria.