Business Inside
For latest stories on businesses, start-ups, business policies and strategies.
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NCC develops new numbering scheme for telephone subscribers, operators
The Nigerian Communication Commission (NCC) says it has developed National Numbering Plan (NNP) to set up uniform numbering scheme for…
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Kerosene prices drops by 18.77 percent in february
The National Bureau of Statistics (NBS) said that average price per litre paid by consumers for National Household Kerosene, decreased…
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Dangote to mine coal in Tanzania
Aliko Dangote is now a coal miner as Tanzania has offered his Cement Company in the southeastern town of Mtwara,…
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Nigeria’s GDP shrinks to $354b- Soludo
The former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Chukwuma Soludo said the size of nation’s Gross…
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Nigeria’s FOREX reserves hit $30b
Nigeria’s foreign exchange reserves rose above $30 billion as of March 8 to its highest level since October 2015, central…
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World Bank mobilises $1.6bn for Nigeria, Yemen, Sudan to tackle hunger
The World Bank Group on Thursday revealed that it was working towards a financial package of more than $1.6 billion…
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$1.2b debt: Zenith, 12 other banks set to take over Etisalat
The Nigerian affiliate of Abu Dhabi-listed telecoms company Etisalat is in talks with 13 Nigerian banks to renegotiate the terms of…
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NLNG pays FG lowest dividend in 10 years
Dividend payments to the federal government for its 49 per cent stake in the Nigeria Liquefied Natural Gas (NLNG) has…
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Nigeria recorded N290bn trade deficit in 2016 says NBS
Nigeria recorded a trade balance of -N290.13 billion out of the total trade value of N17.34 trillion recorded in 2016.…
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Shell exploration arm shuts down Bonga, cuts Nigeria’s oil output
The exploration and production arm of Shell in Nigeria – Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced…
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