Business
Latest Business news
AEDC reconnects FCT Water Board, gives it two weeks to start paying debt
The Abuja Electricity Distribution Plc. (AEDC) has reconnected the FCT Water Board which was disconnected over refusal to pay bills ...Nigeria’s economy unstable yet – World Bank, IMF
The World Bank and the International Monetary Fund (IMF) yesterday urged decisive measures to further reduce inflation in order to ...NUPRC: Eyesan targets production optimization, revenue expansion
The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has said going forward, workings in the ...VAT applies only to bank service charges, not transfers — NRS
The Nigeria Revenue Service has dispelled reports suggesting that Value Added Tax is being charged directly on bank transfers, stressing ...Petrol imports hit 1.3bn litres despite local production
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, according to data released by the Nigerian Midstream and ...Nigeria’s inflation rate now 15%, says NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate declined to 15.15 percent in December 2025. The NBS ...NGX confirms listing of 3.156bn UBA shares
The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, ...Nigeria, UAE sign trade deal to eliminate tariffs on thousands of products
President Bola Tinubu says Nigeria has signed an agreement with the United Arab Emirates (UAE) to open duty-free access for ...World Bank raises Nigeria’s 2026 economic growth rate projection to 4.4%
The World Bank has increased its projection for Nigeria’s economic growth rate for 2026 to 4.4 percent from the 3.7 ...EFCC returns N802.4m out of stolen N1.3bn to First Bank
The Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, January 12, 2026 handed over the ...














