Nigerian business news

Here are some recent Nigerian business news updates:

Economy

• Nigeria's economy grew by 2.27% in the third quarter of 2022, according to the National Bureau of Statistics (NBS). (Source: Vanguard)
• The Central Bank of Nigeria (CBN) has introduced a new policy to reduce the country's reliance on foreign exchange, aimed at promoting local production and reducing importation. (Source: ThisDay)

Business

• The Nigerian Stock Exchange (NSE) has launched a new index, the NSE ASeM Index, to track the performance of small and medium-sized enterprises (SMEs) listed on the exchange. (Source: BusinessDay)
• The Federal Government has approved the establishment of a new national carrier, Nigeria Air, which is expected to begin operations in 2023. (Source: Punch)

Industry

• The Nigerian oil and gas industry is expected to grow by 10% in 2023, driven by increased investment in exploration and production, according to a report by the International Energy Agency (IEA). (Source: The Guardian)
• The Federal Government has launched a new initiative to promote the growth of the country's agricultural sector, aimed at increasing food production and reducing imports. (Source: Leadership)

Companies

• The Nigerian telecommunications company, MTN, has launched a new mobile money service, called MTN MoMo, aimed at promoting financial inclusion in the country. (Source: ITWeb)
• The Nigerian brewery, Guinness Nigeria, has launched a new beer brand, called Guinness Gold, aimed at increasing its market share in the country. (Source: The Punch)

Investment

• The Nigerian government has launched a new investment promotion agency, aimed at attracting foreign investment into the country. (Source: BusinessDay)
• The African Development Bank (AfDB) has approved a $150 million loan to support the development of Nigeria's power sector. (Source: The Guardian)

Innovation

• The Nigerian government has launched a new innovation hub, aimed at promoting entrepreneurship and innovation in the country. (Source: Techpoint)
• The Nigerian fintech company, Flutterwave, has raised $170 million in a new funding round, aimed at expanding its services in Africa. (Source: TechCrunch)

These are just a few examples of recent Nigerian business news updates.