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We cover business news and updates to help our audience become knowledgeable of what is happening in Nigeria business sector.
Business news such as stock market trend, technology development and innovation in business, supply chain issues, government policies that affect businesses in Nigeria
1.Stock market; it has to do with major indeces that result to market fluctuations, inflation concerns and interest rate hikes.
2.Technology development; big tech companies that begin to invest and introduce AI into the business and the market potential of Artificial intelligence in business.
3.Supply chain issues;ongoing distribution affecting production timelines and cost for several industries.
4.Government policy; this has to do with government decisions and policies implementation as well as their implications to small and medium scale businesses in Nigeria
Stay connected with us for business updates across Nigeria.
Adebayo Criticises Tinubu’s 15% Fuel Import Duty, Warns of Rising Taxes Prince Adewole Adebayo, the 2023 presidential candidate of the Social Democratic Party (SDP), has strongly criticised President Bola Tinubu’s decision to introduce a 15% import duty on refined petroleum…
President Bola Ahmed Tinubu has approved the introduction of a 15% ad-valorem import duty on petrol and diesel imported into Nigeria. The move is part of the federal government’s effort to strengthen domestic refining operations and promote long-term stability in…
By [Omu Fidelis] In a groundbreaking step towards improving health education and coverage, the Lagos State Health Management Agency (LASHMA) has launched Nigeria’s first Health Insurance Online Radio, known as ILERA EKO Spotlight. The new digital radio platform is designed…
By [Omu Fidelis] The Nigerian Exchange (NGX) maintained its positive momentum on Wednesday as investors’ renewed appetite for blue-chip equities pushed the market capitalization higher by N1.446 trillion, representing a 0.50% gain, to close at N97.58 trillion. The rally was…
By [Omu Fidelis] Nigeria’s Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has reaffirmed the Federal Government’s determination to transform the maritime and logistics industries into key drivers of sustainable economic growth and national prosperity. Oyetola made this known…
By Omu Fidelis In a bold step toward expanding Nigeria’s financial inclusion and deepening retirement security, the National Pension Commission (PenCom) has unveiled a groundbreaking reform that opens the nation’s pension system to self-employed, informal sector, and unemployed Nigerians through…
By Omu Fidelis A wave of outrage has trailed the decision to remove Nigerian pensioners from the National Health Insurance Scheme (NHIS), as the Nigeria Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) describes the policy as “unfair, inhumane, and…
By Babajide Komolafe Chairman of Optiva Capital Partners, Franklin Nechi, has reaffirmed the company’s unmatched leadership in the fast-growing global migration and investment immigration industry, describing Optiva as “the bridge that connects African potential to global possibilities.” Speaking at an interactive media…
By Fodilat Abdullateef Stanbic IBTC Holdings PLC has thrown its financial weight behind UAC of Nigeria PLC in the successful acquisition of a 100 per cent equity stake in CHI Limited, one of Nigeria’s biggest players in the food and…
Blockchain.com, a global cryptocurrency and digital finance company, has called for stronger regulatory alignment in Nigeria’s crypto ecosystem to ensure responsible growth and consumer protection. Speaking at a media parley in Lagos on Tuesday, the company’s General Manager for Africa,…
