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Latest Business news
Nigeria’s inflation rate dropped to 21.88% in July – NBS
Nigeria’s headline inflation rate eased for the fourth consecutive month in July 2025, falling to 21.88 per cent from 22.22 ...Dangote slashes ex-depot price of petrol by N30
Dangote Petroleum Refinery and Petrochemical Limited has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS) ...FIRS rolls out e-invoicing for large taxpayers, asks firms to complete integration by November 1
The Federal Inland Revenue Service (FIRS) has launched an electronic invoicing system to improve tax compliance and modernise revenue collection ...Egbin Power, Ikeja Electric, FIPL deny takeover by any receiver
Egbin Power Plc, Ikeja Electric Plc, and First Independent Power Limited (FIPL) have officially denied reports claiming they are under ...Govt should have sold refineries to Dangote – Rewane
Foremost Economist and Chief Executive Officer of Financial Derivatives Company (FDC), Mr. Bismark Rewane, has said the Federal Government should ...First HoldCo set to dispose shares after Otudeko’s exit
First HoldCo Plc has announced plans to sell a 25 per cent stake in the company that was recently transferred ...Cargo clearance cost to rise as Customs begins 4% levy collection
The Nigeria Customs Service has officially started collecting the 4% Free On Board (FOB) levy on imports as of Monday, ...Abuja overtakes Lagos as Nigeria’s foreign investment destination
The Federal Capital Territory (FCT) has emerged as the top destination for foreign investment into Nigeria, according to a report ...World Bank plans $250m health loan for Nigeria
The World Bank may approve a $250m loan to Nigeria next month under the third phase of its Health Security ...NOVA Bank changes strategy to become big fish in regional authorisation, to open Owerri, Abuja, ...
NOVA Bank has announced its intention of a strategic shift in its operating license from a national to a regional ...














