Category - Business
Real-time reports of latest business news, finance, NSE including analysis and opinions on top stories and economic news.
Pan Ocean accuses AMCON of taking over properties despite pending appeal court suit
Can Nigeria’s 10 most indebted states with N2.078tn burden weather the coronavirus storm?
Domestic debt servicing gulps N609bn of govt’s revenue in Q1 –DMO
Nigeria’s foreign reserves fall by $373m in June –CBN
Nigerian airlines lost $2.09bn in two months –IATA
NSE: Banking Index worst hit as market closes in negative territory
Chinese firm Opay shuts down operations in Nigeria
NNPC may remain major fuel importer as marketers face forex shortage
Oil extends gain on decline in U.S. inventories, Bonny Light adds 74 cents
AfDB appoints three-man panel to review report on Adesina’s probe
Chevron Nigeria set to take over South Africa’s Sasol gas plant
U.S development bank invests $530mn in Nigeria’s financial, agricultural sectors
Nigerian banks face forex shortage up to $5bn –Moody’s
Abuja, Lagos airports to resume domestic flights July 8, others July 11 and 15 respectively
NSE: Market rallies on the back of higher demand for industrial stocks
Reduction in fuel pump price short-lived as Nigerian govt announces fresh increment
Illegally refined fuel from Niger Delta cleaner than imported one —Report
Oil prices advance on signs of economic rebound, Bonny Light up by 0.87%
Aviation unions move to halt concession of four airports
Economic Advisory Council warns against multiple exchange rate
Nigeria, other African oil-exporting countries to lose $34bn revenue to COVID-19 –IMF
Nigerian govt eyes N1trn annually from stamp duties collection
FIRS makes N66bn from stamp duties in five months
NSE: Investors lose N198bn on profit-taking in heavyweight stocks
Peterside quits as Cadbury chairman
Oil prices fall on demand worries, prospect of Libyan Supply; Bonny Light sheds 0.81%
COVID-19: Business operators call for govt grants, low-interest loans, tax relief
Nigeria, others need $110bn additional financing to combat COVID-19 effects –IMF
Nigerian Govt merges CAC and tax registration to enhance ease of doing business
NSE: Consumer Goods Index leads as market extends gain
IMF calls for cautious reopening of economies in sub-Saharan Africa
Buhari to flag off $2.8bn Ajaokuta-Kaduna-Kano Pipeline Project on Tuesday
Oil prices fall on spike in coronavirus cases, Bonny Light down by 0.81%
We no longer fix fuel price –PPPRA
DisCos claim NERC approved decision to hike electricity tariff
Airtel, PZ Cussons, Courtville, Arbico top Ripples Nigeria stock watchlist
BUSINESS ROUNDUP: Oil price rises; Discos lose N30bn monthly; See other stories that made our pick
Abuja airport conducts dry run test ahead of airport reopening
Customs destroys N1bn worth of cannabis
NSE ROUND-UP: Market capitalisation rises by N1.153bn amid negative sentiments
FAAN raises passenger service charges by 100%
NSE: Market rebounds with N103bn gain
Oil prices climb as demand recovery tempers virus fears, Bonny Light gains 1.09%
Post-COVID-19 economic recovery plan will save, create 5m jobs –Nigeria govt
We lose N30bn every month to energy theft, vandalism, others –Discos
Nigerian govt targets N160bn investments from highway development, management
COVID-19: There is significant progress in readiness to restart aviation industry –NCAA DG
COVID-19 hindered operations of 74% of businesses in Nigeria —NECA
