Category: business news

Nigeria Ghana renew hostilities over business closure

The Nigerian Government has reacted to the closure of shops owned by Nigerian traders in Ghana by the Ghanaian authorities. Last week, a video trended online showing the Ghanaian authorities…

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Should Nigerians be worried about ShopRite’s planned exit

A Nigerian university don, Uche Uwaleke, a professor of Finance at Nasarawa State University has urged Nigerians not to worry over the looming exit of Shoprite Holdings Ltd from Nigeria.…

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President Buhari Pledges To Spend More On Infrastructure For Job Creation

President Muhammadu Buhari Thursday in Abuja pledged to spend more on infrastructure across the country, focusing on finishing projects delivered by local contractors and technology that create jobs for thousands…

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Can the naira get back its value? Former Emir Sanusi proffers solutions

A former Emir of Kano, Sanusi Lamido Sanusi, has urged the Central Bank of Nigeria, CBN, to fund the bureaux de change, BDC, across the country in order to stabilize…

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FG inaugurates committee to drive implementation of support schemes for MSMEs

Details of how qualified and targeted Nigerians can access some of the benefits under the Economic Sustainability Plan will emerge soon with the constitution of a 10-man steering committee to…

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CBN boosts Nigeria’s textile sector with N50bn

The Central Bank of Nigeria (CBN) has approved N50billion intervention fundfor the textile industry. The Bank of Industry (BoI) will administer the fund at 4.5 percent interest rate. CBN made…

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Buhari: Gold mining operations to generate $500m annually

President Muhammadu Buhari Thursday in Abuja said improved gold mining operations in the country will generate no fewer than 250,000 jobs and over $500m annually in royalties and taxes to…

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Nigeria- Ghana feud: Ghanaian government reopens Nigerian business

Over Six Hundred Shops belonging to Nigerian Traders in Ghana have been opened to business by the Ghanaian government having been under lock and key for over Six months. The…

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Airline operators seek bail out from FG

Operators of airlines in Nigeria have called on the Federal Government to assist with palliatives to help cushion the effect of the corona virus lockdown on its members and staff.…

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Buhari faults ECOWAS single currency

Nigeria’s President Muhammadu Buhari has faulted the plans by ECOWAS to introduce a single currency for the Economic Community of West African States. The Eco is the proposed name for…

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