Monday, July 6, 2026
CBN reduces MTN’s repatriation remittances to $52.6m
MTN Nigeria is now to pay $52.6 million only for the illegal remittanceson preference shares issued in 2008, in settlement...
Read moreDetailsOtedola sells off stake in downstream Forte oil
Femi Otedola, chairman of Forte Oil Plc, disclosed Monday that arrangements to sell off an entire equity stake of 75...
Read moreDetailsNigeria shares N7.8trn in 11 months, fails to save for rainy day
The Nigerian government has missed another chance to build economic buffers with the current declining trend in crude oil prices,...
Read moreDetailsNigeria loses out on $72.6bn cotton export market as growers seek investment in research
Cotton growers in Nigeria are losing out on the rising demand for the commodity in the global market as lack...
Read moreDetailsNigeria reviews NEPZA’s mandate for industrial cities, parks regulation, targets $15bn FDIs
Nigeria has commenced the process to review the mandate of Nigeria Export Processing Zones Authority (NEPZA) to make it become...
Read moreDetails2019 budget faces first hurdle as OPEC cuts Nigeria’s oil production quota to 1.68mpd
The 2019 budget is facing its first hurdle even before it is debated and passed by the national assembly following a...
Read moreDetailsNigeria plans to boost MSMEs, budgets N37bn for export grants, loans in 2019
The Nigerian government has expressed its determination to boost economic activities in the micro, small and medium scale enterprises (MSMEs)...
Read moreDetailsNigeria’s stock market claws back losses on buy interest in big cap companies
A renewed buy interest in big cap companies such as Seplat (+6.8%), Dangote Cement (+2.2%) and Guaranty Trust Bank...
Read moreDetailsBuhari commissions new terminal at Abuja airport, boosts capacity to 20m passengers annually
President Muhammadu Buhari has commissioned the new terminal at the Nnamdi Azikiwe International Airport in Abuja, thus boosting the airport...
Read moreDetailsNigeria’s excess crude account drained by $1.6bn in one month, says finance ministry
The balance in the Excess Crude Account (ECA) significantly dropped from $2.45 billion at the end of November 2018 to...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.
Have you done your half -year review?