Business

Nigeria, China Renew Currency Swap Agreement

China’s central bank on Friday said that it has renewed a bilateral currency swap agreement with the Central Bank of Nigeria. The total value of the agreement is 15 billion...

Group urges indigenes in Diaspora to invest in development

By Peter Ejiofor London, Dec. 21, 2024: Dr Akaninyene Friday Willie, President, Akwa Ibom Indigenes Organisation South Africa (AIIOSA),...

Court restricts ICPC’s powers to freeze bank accounts

A Federal High Court in Abuja has reduced the period that the Independent Corrupt Practices and Other...

President Tinubu heads to South Africa for bilateral talks

President Bola Tinubu will leave France on Monday, December 2, for Cape Town, South Africa, to co-chair the 11th Nigeria-South...

FCCPC investigates Air Peace, bank, Telco, others over violations

The Federal Competition and Consumer Protection Commission (FCCPC) has launched an inquiry into Air Peace, Guarantee Trust Bank...
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NCC, NAICOM, PenCom, SEC for Business Journal anniversary lecture

The Business Journal 15th Anniversary Lecture/Awards scheduled for Friday, October 27, 2023 at Radisson Hotel, GRA, Ikeja, Lagos under the theme: ‘Nigeria: The Economic Outlook Today & Tomorrow.’ has continued to attract immense corporate support from key federal government agencies and operators in the Organised Private Sector (OPS).

$50 billion Capital Flight: Stakeholders urge governments to grow indigenous EPC sector

Stakeholders in the Engineering Procurement and Construction (EPC) have called on governments in Africa to patronise indigenous firms with the capacity to deliver and grow their economy.

Demonetisation policy of CBN will stabilise Nigeria’s economy – Group

The  Leadership Orientation and Basic Rights Advocacy Centre (LOBRAC), a civil society, said the currency redesign policy by the Central Bank of Nigeria (CBN), would stabilise the nation's economy.

Afreximbank to double Intra-African trade financing to $40bn by 2026-Awani

The African Export Import Bank (Afreximbank) says it aims to double its financing of intra-African trade to 40 billion dollars on a revolving basis by 2026, up from 20 billion dollars in 2021.

BAT Nigeria to pay $110m penalty for violation of FCCPC Act

Nigeria’s Federal Competition and Consumer Protection Commission has secured a 110-million-dollar enforcement action against the British American Tobacco Nigeria Limited and other affiliated companies (BAT Parties).

AfDB, Ethiopia launch project to boost Climate Resilient Wheat

By Vincent Obi Ethiopia - The African Development Bank (AfDB) Group and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and...
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